1-bedroom flat · TN37 6AR
Sold STCReduced £19.9k (−10%) on 2 AprListed 262 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying the lower ground floor of a recently developed residential building.
This one bedroom apartment has generous proportioned accommodation and has been meticulously renovated to a high standard, which gives the property a luxury feel.
The vast sitting room can accommodate a full suite and feature pieces to compliment the aesthetics, as well as dining space.
As you step through to the kitchen, you're struck by the bright and airiness due to the bi-fold doors leading to the rear garden.
There are over counter lights, which can be operated by motion sensors to create the perfect ambience and illuminate the oak worktops when preparing meals.
Outside there is an enclosed rear garden, which has a stylish Indian Sandstone patio and raised flower beds around the periphery that makes this a great space for whether you are alfresco entertaining or some of gardening.
From the grand entrance hall there is the vast bedroom to the left, with feature double glazed sash windows to the front elevation and a higher than average ceiling height.
At the end of the entrance hall, there is some storage in a loft area and the stunning boutique style bathroom, with Victorian replica floor tiles and black taps that exudes elegance.
Positioned in the heart of central St.
Leonards and just a few doors along from a convenient passageway leading directly to the various trendy cafes, bars and independent shops on Kings Road and on to Warrior Square Station.
This makes the property an ideal base for exploring the best of what the area has to offer.
The immaculate finish of this home makes this a turn the key property, ready for you to pop a cork and call home.
Entrance Hall Bedroom 14'1" x 13'2" (4.29m x 4.01m) Living Room 17'0" x 11'3" (5.18m x 3.43m) Kitchen/Dining Area 17'8" x 8'1" (5.38m x 2.46m) Bathroom 9'0" x 6'1" (2.74m x 1.85m) Garden Tenure We have been informed that the property is to be sold with a new lease of 125 years remaining with no ground rent to pay and an approximate annual service charge £1,200 p.a.
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.
Area
Agent & docs
FAQ
About London Road, St. Leonards-on-sea, TN37
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