1-bedroom flat · TN38 0AE
For saleListed 24 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 one bedroom converted ground floor apartment with private garden and a pleasant outlook over Grosvenor Gardens, the seafront and to the sea.
Whilst the property is in need of updating it offers potential for someone to come in and improve and put their own stamp onto the property.
Accommodation comprises an entrance hall, lounge-dining room, kitchen, double bedroom and a family bathroom. We understand that the property is offered to the market with a share of freehold.
The property also has a private area of outside space and could be arranged with patio furniture to take in those lovely views and the morning sunshine.
Conveniently positioned within walking distance to St Leonards seafront and other local amenities including bus routes providing easy access to central St Leonards and the nearby towns of Bexhill and Hastings.
Please call the owners agents now to book your viewing to avoid disappointment.
Communal Front Door Leading to: Communal Entrance Hall Private front door to: Entrance Hall Wall mounted entryphone system, digital control for gas fired central heating, door to: Lounge-Dining Room (5.87m into bay x 3.43m (19'3 into bay x 11'3)) Fireplace, picture rail, high ceilings, high skirting, double radiator, partial bay window with pleasant views over Grosvenor Gardens, St Leonards seafront and the sea, door opening to the garden area, door to: Kitchen (4.04m x 2.13m (13'3 x 7')) Wall mounted boiler, radiator, space for tall fridge freezer, space for gas cooker and washing machine, fitted with a range of cupboards and drawers, drainer-sink unit, windows to the front aspect, return door to entrance hall.
Bedroom (5.72m into bay x 2.57m (18'9 into bay x 8'5)) Picture rail, double radiator, high skirting, high ceilings, partial bay window to rear aspect enjoying pleasant views over Grosvenor Gardens, St Leonards seafront and the sea.
Bathroom Low level wc, pedestal wash hand basin, panelled bath, pat tiled walls, radiator. Private Rear Garden Ample outside space for patio furniture, raised planting borders.
Views can be enjoyed over Grosvenor Gardens, St Leonards seafront and the sea. The basement flat does have right of access over the garden in the event of an emergency.
Tenure We have been advised of the following: 25% Share of Freehold transferrable with the sale of the property. Lease: Approximately 973 years remaining Service Charge: Approximately £1200 per annum.
Ground Rent: £0 No Clauses re Sub letting, Air BnB or Pets
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 Flat 2, 8, Grosvenor Gardens, St. Leonards-On-Sea
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