1-bedroom flat · TN40 1LN
For saleListed 438 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Abbott & Abbott Estate Agents offer for sale, with no onward chain, this charming third floor flat, part of a conversion from a substantial, Grade II listed, Victorian terrace situated on the seafront, with this property at the rear of the building, and providing lovely views from most rooms over Gullivers Bowls Greens and the town beyond.
Although in need of extensive modernisation and redecoration, the property provides a good size lounge, bedroom with built-in wardrobe, kitchen and bathroom.
The property is situated in a most convenient position, immediately adjacent to the seafront and within a few hundred yards of the main town centre shopping streets, the railway station and the De la Warr Pavilion.
Communal Entrance Hall Entryphone-controlled, with stairs to third floor and front door. Entrance Hall (3.40m x 0.99m (11'2 x 3'3)) Built-in cupboard housing water tanks. Entryphone.
Lounge (4.80m x 3.40m (15'9 x 11'2)) A room with a lovely outlook over Gullivers Bowls Greens and the town beyond.
Fireplace Kitchen (3.71m x 1.80m (12'2 x 5'11)) Base store unit with cupboards, drawers and stainless steel sink with double drainer. Tiled splashbacks.
Bedroom (4.90m max x 3.30m max (16'1 max x 10'10 max)) An L-shaped room with built-in wardrobe. Bathroom Panelled bath, wash basin, and WC.
Lease: 98 Years From May 2017 Maintenance: Currently £836.25 A Quarter To include buildings insurance, general maintenance, communal lighting, ground rent payment, etc Council Tax Band: A (Rother District Council) Epc Rating: G
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 Knole Court, Knole Road, Bexhill-On-Sea
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