2-bedroom flat · TN37 7RS
Listing removedListed 256 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 acquire this purpose built two double bedroom flat, positioned in this sought-after region of St Leonards, within easy reach of amenities within Little Ridge and the Conquest Hospital.
The property has a secure allocated parking bay, gas central heating, double glazing and a healthy lengthy lease.
Positioned on the top floor with accommodation comprising a spacious entrance hall with ample storage space, a dual aspect lounge-diner, modern kitchen & bathroom, and two bedrooms.
Viewing comes highly recommended, please call the owners agents now to book your viewing.
Communal Front Door Located at the rear with stairs rising to the top floor, private front door to: Entrance Hall Spacious with entry phone system, coving to ceiling, radiator, loft hatch to an area of partially boarded loft space, doors opening to: Lounge-Diner (4.50m max x 4.45m max (14'9 max x 14'7 max )) Wood laminate flooring, two radiators, television point, pedant ceiling lighting, wall mounted electric fire, dual aspect with double glazed windows to both side and front elevations.
Kitchen (2.90m x 2.62m (9'6 x 8'7)) Fitted with a matching range of eye and base level cupboards and drawers with worksurfaces over, tiled splashbacks, inset one & 1⁄2 bowl drainer-sink unit with mixer tap, four ring gas hob with fitted cooker hood over and electric fan assisted oven below, space and plumbing for washing machine, space for tall fridge freezer, wood laminate flooring, down lights, coving to ceiling, double glazed window to front aspect with partial views of the sea when the trees opposite are not in leaf.
Bedroom (3.56m x 3.35m (11'8 x 11')) Built in wardrobe with mirrored sliding doors, radiator, coving to ceiling, double glazed window to side aspect.
Bedroom (3.81m x 2.90m (12'6 x 9'6 )) Coving to ceiling, radiator, double glazed window to side aspect.
Bathroom Modern and comprising a panelled bath with mixer tap and shower over, glass shower screen, dual flush low level wc, pedestal wash hand basin with mixer tap, radiator, part tiled walls, tiled flooring, down lights, extractor fan for ventilation, double glazed obscured glass window to side aspect.
Parking Allocated parking bay with barrier, operated by a fob, providing secure parking. Tenure We have been advised of the following by the vendor: Lease; Approximately 100 + years remaining.
Service Charge: Approximately £1900 per annum. Ground Rent: Approximately £150 per annum.
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 12 Alpine House, Welton Rise, St Leonards-On-Sea
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