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See how verdicts work2-bedroom flat · TN34 2AE
For saleReduced £10k (−5.9%) on 30 SepListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoying wonderful elevated sea views over Hastings with the sea beyond. An immaculately presented 2 bedroom 2nd floor flat (with lift) in this modern purpose built block.
Other notable features include open plan Kitchen and Living room with Juliet balcony, separate utility room, lawned communal gardens and allocated parking. To be sold with vacant possession.
EPC B Communal Entrance Communal entrance leading to communal entrance hall with stairs or passenger lift to 2nd floor landing, private front door with security peep hole leading to entrance hall with radiator, security intercom phone.
Living Room/Dining Room 16' 8" x 11' 0" (5.08m x 3.35m) With radiator, TV aerial point, double glazed double doors facing in a southerly direction with juliet balcony and wonderful elevated sea views over Hastings to the sea.
Kitchen 11' 0" x 5' 5" (3.35m x 1.65m) Open plan from the living room and comprising one and a half bowl single drainer stainless steel sink with the mixer taps and cupboards under, further range of cupboards and drawers with working surfaces over, range of matching wall mounted cupboards, built in electric oven with four ring gas hob and cooker hood over, built-in and concealed slimline dishwasher and fridge, concealed wall mounted gas boiler, tiled floor, under unit lighting.
Utility Room 7' 4" x 5' 6" (2.24m x 1.68m) With working surface and cupboard under with indesit washer dryer, wall mounted cupboards, further appliance spaces, extractor fan, radiator, tiled floor.
Bedroom One 13' 1" x 9' 9" (3.99m x 2.97m) With fitted double wardrobe, radiator, double glazed window having wonderful elevated views over Hastings towards the sea Bedroom Two 13' 1" x 8' 2" (3.99m x 2.49m) With radiator, built in storage cupboard, double glazed window with wonderful elevated view views over Hastings towards the sea.
Shower Room With range of fittings, comprising large shower tray with glass screen, pedestal wash hand basin, low level WC, part tiling to walls, chrome ladder radiator, extractor fan, storage shelving, tiled floor.
Outside The property has an allocated parking space easily visible from the flat together with some attractive lawned communal gardens surrounding the development Nb We have been advised that the lease has 112 years remaining, ground rent is £200 per annum, and maintenance is approx £2000 per annum.
The block is managed by Scott Estates.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About St Georges Lodge, The Ridge, Hastings
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