2-bedroom flat · TN38 0FN
For saleReduced £5k (−2.8%) on 13 OctListed 149 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PCM Estate Agents are delighted to present to the market an opportunity to secure this purpose built two bedroom two bathroom first floor apartment which is beautifully presented throughout and benefits from having gas fired central heating, double glazing, allocated parking space and a long lease.
The property benefits from accommodation comprising an entrance hall with ample storage space, lounge being partially open plan to a modern kitchen, master bedroom with a new en suite shower room, further double bedroom and a modern bathroom suite.
The property also has the benefit of an allocated parking space and the remainder of a 999 year lease.
The property is ideal for those looking for their first property or a potential buy-to-let investment.
Located on a sought-after development in St Leonards, close to the Link Road providing easy access to Bexhill, whilst also being within easy reach of a number of popular schools in the area.
Please call the owners agents now to book your viewing and avoid disappointment.
Communal Entrance Stairs rising to the first floor, private front door to: Entrance Hall Telephone entry point, radiator, two storage cupboards, door to: Lounge (4.32m x 4.09m (14'2 x 13'5)) Double glazed door providing access to the Juliette balcony to the front aspect, telephone point, radiator, open plan to: Kitchen (3.18m x 1.88m (10'5 x 6'2)) Double glazed window to side aspect, fitted with a matching range of eye and base level units with worksurface over, four ring gas hob with extractor above and oven below, range of integrated appliances including fridge freezer and dishwasher, space and plumbing for washing machine, stainless steel inset sink with mixer tap, part tiled walls.
Master Bedroom 9'8 x 13'8 narrowing to 8'8 (2.95m x 4.17m narrowing to 2.64m) Double glazed window to front aspect, built in wardrobe, door to: En Suite Shower Room Part tiled walls, shower cubicle with mixer tap, low level dual flush wc, wash hand basin with storage beneath, extractor fan.
Bedroom (2.97m x 2.67m (9'9 x 8'9)) Double glazed window to front aspect, radiator.
Bathroom (2.06m x 1.88m (6'9 x 6'2)) Part tiled walls, bath with shower attachment over and shower screen, dual flush wc, wash hand basin, extractor fan.
Tenure We have been advised of the following by the vendor: Lease: 980 years approximately remaining. Service Charge: Approximately £1662 per annum/ reviewed in Aug/September annually.
Ground Rent: Approximately £100 per annum, paid in September. Letting: Allowed Air BnB: Unknown Pets: Allowed
Value & comps
No previous sales on record.
Returns
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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.
Area
Agent & docs
FAQ
About 16 Lilac Court, Arbourvale, St. Leonards-On-Sea
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