2-bedroom flat · TN40 1TY
For saleListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Burgess & Co are delighted to offer to the market this first floor apartment, forming part of this purpose built Larkin block.
Located in a sought after area being with close proximity to Bexhill Town Centre with its range of shops, restaurants, mainline railway station and seafront with iconic De La Warr Pavilion.
The spacious accommodation comprises an entrance hall, a bay fronted living room with garden views, a fitted kitchen, two double bedrooms and a shower room.
Further benefits include double glazing, gas central heating, an entry-phone system and lift access.
Externally, there are well maintained communal gardens, a garage located in a nearby block, and visitors parking.
The apartment comes with the remainder of a long Lease to include a share of Freehold and the service charge includes water rates, heating and hot water costs.
Viewing highly recommended to fully appreciate the size and location of this property. Communal Entrance Hall With entry-phone system, lift access to all floors.
First Floor Landing With private front door to Entrance Hall With entry-phone system, fitted cupboard.
Living/Dining Room (6.27m x 3.96m (20'7 x 13'0)) With two radiators, feature fireplace, double glazed box bay window enjoying views over the gardens.
Kitchen (3.40m x 2.36m (11'2 x 7'9)) Comprising matching range of wall, base & drawer units, worksurfaces, tiled splashbacks, inset sink unit, fitted gas hob, fitted eye level oven, space for washing machine & fridge/freezer, fitted cupboard, double glazed window.
Bedroom One (4.60m x 3.58m (15'1 x 11'9)) With radiator, double glazed window. Bedroom Two (4.27m x 3.99m (14'0 x 13'1)) With radiator, double glazed window.
Shower Room (2.51m x 2.06m (8'3 x 6'9)) Comprising shower cubicle, pedestal wash hand basin, low level w.c, partly tiled walls, double glazed frosted window.
Garage Located in a nearby block with up & over door. Communal Gardens There are well maintained communal gardens.
Nb There is the remainder of a 999 year Lease from 25 March 1973 to include a share of Freehold.
We have been advised that the service charges are £3,000 per year to include water rates, gas charges (central heating & hot water), all gardening maintenance, window cleaning, communal lighting, communal cleaning, lift maintenance and buildings insurance.
Council tax band: C
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
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FAQ
About Flat 8 Mercia Court, Larkhill, Bexhill-On-Sea
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