2-bedroom flat · TN40 1PE
For saleListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented 2 bedroom 2nd floor seafront flat with a private balcony.
Other notable features include modern kitchen and bathroom fittings, double glazing, gas boiler and radiators, share of freehold and long lease. To be sold vacant. EPC- awaited.
Communal Entrance Hall Communal door leading to Communal entrance hall with stairs or lift to 2nd floor landing.
Entrance Hall Private front door leading to entrance vestibule with further door leading to entrance hall with radiator, built-in storage cupboard, Security intercom phone.
Living Room 16' 7" x 12' 7" (5.05m x 3.84m) With two radiators, TV aerial point, double glazed sliding patio doors leading onto balcony.
Balcony 11' 6" x 3' 8" (3.51m x 1.12m) Southerly facing with wonderful sea views.
Kitchen 12' 1" x 8' 11" (3.68m x 2.72m) With range of fittings comprising single drainer stainless steel sink with cupboards under, further range of cupboards and drawers with working surfaces over, range of matching wall mounted cupboards, part tiling to walls, built-in electric oven, four ring ceramic hob, stainless steel cooker hood over, space for washing machine, radiator, cupboard housing Worcester Combi boiler, double glazed window with angled Seaview.
Bedroom 1 12' 8" x 10' 8" (3.86m x 3.25m) With built in storage cupboard, radiator, double glazed window with easterly aspect having an angled sea view.
Bedroom 2 10' 8" x 9' 6" (3.25m x 2.90m) With two built-in wardrobes, radiator, double glazed window overlooking the rear.
Bathroom With white suite comprising panelled bath with mixer tap and electric shower over, pedestal wash hand basin, low-level WC, tiling to walls, ladder radiator, storage cupboard, frosted glass double glazed window.
Outside The property has an allocated parking space number 12. There are lawned communal gardens surrounding the flat with additional visitor parking.
Nb We have been advised that the lease has 973 years remaining and that there is a share in the freehold.
The vendor has advised us that the gas meter has been removed and a replacement will need to be added before using the gas boiler.
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 12 Ashtead Towers, Sutton Place, Bexhill-on-Sea
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