1-bedroom house · TN39 3DB
For saleReduced £9.1k (−7.3%) on 28 JulListed 210 days
Opportunity summary
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About
A one double bedroom third floor (served by lift) retirement apartment located in the sought after 'Llewelyn Lodge' which is for the over 60's.
The property is ideally situated within a short distance of Bexhill Town Centre with the 99 bus stop and Collington Train Station just outside the building.
The accommodation comprises; entrance hall, lounge, modern kitchen, bedroom and modern shower room.
There are also other facilities including; communal lounge, laundry room, guest room and well kept communal gardens. EPC - B.
Communal Entrance Accessed via communal front, security intercom system, stairs and lift rising to the third floor, residents lounge, corridors leading to the communal laundry room, two storage rooms and guest suite which can be booked.
Private Entrance Hall Accessed via private front door, large cupboard housing hot water heater, further storage cupboard.
Lounge 19' 3" max x 10' 8" max (5.87m x 3.25m) Double glazed window to the front of the building, newly fitted Dimplex electric heater, television point, feature electric fireplace with surround, door to the kitchen.
Kitchen 8' 5" max x 7' 8" max (2.57m x 2.34m) Double glazed window to the front, a modern fitted kitchen comprising; a range of laminate working surfaces with inset stainless steel sink and drainer unit, inset four ring electric hob with extractor fan over, a range of matching wall and base cupboards with fitted drawers, built-in electric oven, built-in freezer, space for washing machine or dishwasher and under-counter fridge.
Bedroom 17' 2" max x 9' 5" narrowing to 5' (5.23m x 2.87m) Double glazed window overlooking the front, wall mounted electric storage heater, built-in wardrobe with mirror fronted sliding doors.
Shower Room A modern fitted white suite comprising; large fully tiled walk-in shower cubicle with chrome thermostatic shower over and hand rail, newly installed wash hand basin with chrome mixer tap and cupboard under, low level WC, electric shaver point, heated towel rail.
Outside The property is set within lovely communal gardens and there is a residents car park to the rear. Nb We have been verbally advised that the property is held on a 125 year lease from 2005.
The current annual service charge is £3,065.58 and ground rent is £853.74. There is a communal laundry room, two storage rooms and guest suite.
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
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FAQ
About Llewelyn Lodge, Cooden Drive, Bexhill-on-Sea
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