Modern Method of Auction
Auction date not yet published
5-bedroom house · TN40 1NL
For saleReduced £30k (−6.7%) on 17 SepListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exciting opportunity to acquire this substantial five-bedroom detached house, ideally situated just a stone's throw from Bexhill seafront, the town centre and Bexhill railway station, offering excellent transport links and a wide range of local amenities.
Offering spacious and versatile accommodation, the property presents fantastic potential for a variety of buyers.
It could be restored into an impressive family home, retained as an investment property, or, subject to any necessary consents, converted back into two self-contained flats.
Although the property requires modernisation throughout, it offers an excellent blank canvas for those looking to create their forever home or undertake a rewarding renovation project.
Externally, the property benefits from a good-sized rear garden and off-road parking, adding to its appeal.
This is a rare opportunity to purchase a property with enormous potential in a highly sought-after coastal location. Early viewing is highly recommended.
Auctioneer Comments This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £349 inc VAT for this pack.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Living Room (5.23m x 4.06m (17'2" x 13'4")) Dining Room (5.61m x 4.06m (18'5" x 13'4" )) Kitchen (4.98m x 2.24m (16'4" x 7'4")) Family Room (4.57m x 4.09m (15'0" x 13'5" )) Kitchen (2.62m x 2.62m (8'7" x 8'7")) Bedroom (3.86m x 3.48m (12'8" x 11'5")) Bedroom (4.80m x 4.09m (15'9" x 13'5")) Bedroom (3.89m x 3.53m (12'9" x 11'7")) Bedroom (2.67m x 2.18m (8'9" x 7'2")) Bathroom (2.79m x 2.24m (9'2" x 7'4")) Shower Room Wc Conservatory (3.86m x 1.68m (12'8" x 5'6")) Council Tax Band F - £3,901.37 Per Annum
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 24, Dorset Road South, Bexhill-On-Sea
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