2-bedroom flat · TN37 7EX
For saleReduced £5k (−3.3%) on 14 SepListed 134 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Greystones Estate Agents are delighted to present to the market an opportunity to secure this purpose built two bedroom top floor flat with allocated parking located within this sought after Silverhill region of St Leonards, with its comprehensive range of shops, services and supermarket.
Alexander Park with its delightful walks, green spaces and lakes can accessed from the bottom of Vale Road nearby. Communal Entrance Hall With stairs rising to the second floor.
Entrance Hall Double Glazed window to rear. Electric storage heater. Built in airing cupboard.
Lounge 13' 2" x 11' 3" (4.01m x 3.43m)Double glazed window to front, television point, electric storage heater, coved ceiling, carpet as fitted.
Kitchen 8' 3" x 8' 3" (2.51m x 2.51m) Double glazed window to rear, a range of modern fitted wall and base units with fitted drawers under and laminated work surfaces over, Inset stainless steel sink unit with central mixer tap over, inset electric hob with extractor hood over, built in electric oven, space and plumbing for washing machine, space for fridge freezer, coved ceiling.
Bedroom 1 12' 2" x 11' 0" (3.71m x 3.35m) Double glazed window to side, electric panel heater, coved ceiling, carpet as fitted.
Bedroom 2 13' 6" x 6' 2" (4.11m x 1.88m) Irregular shape Maximum measurement, two double glazed windows to front, electric panel heater, coved ceiling, carpet as fitted.
Bathroom Double glazed frosted window to rear, fitted suit comprising of a panelled bath with mixer tap over, pedestal wash hand basin low level WC, electric panel heater, part tiled walls.
Parking Allocated parking space to the rear of the building. Agents Note Tenure - We have been advised of the following by the vendor: 1/3 Share of Freehold - transferrable with the sale.
Lease: Currently 999 years from January 2021 Maintenance: 1/3 of any maintenance costs. Ground Rent: None.
Council Tax Band A EPC Rating C Viewing arrangements Viewing is strictly by appointment only through Greystones Estate Agents.
Disclaimer property details These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Intending purchasers should not rely on them as statements or representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy.
We have not carried out a detailed survey nor tested the services appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings.
The measurements given are approximat...
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 3, Alma Court, St. Leonards-On-Sea
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