2-bedroom flat · TN35 4JN
For saleReduced £10k (−5.9%) on 30 JunListed 199 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 this chain free ground floor purpose built two bedroom flat benefitting from private areas of front & rear gardens.
Situated in the popular Ore Village area, this property is in need of modernisation and offers an excellent opportunity for buyers to add their own style and value.
Accommodation is well-proportioned and comprises a private entrance leading to a spacious entrance hall, good sized lounge-dining room, kitchen, two double bedrooms and a bathroom.
Externally the property benefits from a private section of front and rear gardens, ideal for outdoor dining and entertaining, along with a useful storage shed located to the side of the property.
Conveniently positioned on the outskirts of Hastings, the property is within easy reach of popular schooling establishments, local shops and everyday amenities.
Viewing comes highly recommended, please contact the owners agents now to arrange your appointment.
Double Glazed Front Door Opening to: Entrance Hall Radiator, two storage cupboards, one of which with hanging space and the other housing the gas & electric meters along with the fuse board, whilst also providing ample space for coats and shoes, door opening to: Lounge (4.34m max x 3.56m (14'3 max x 11'8)) Built in storage cupboard with additional shelving space, electric fireplace, radiator, wall mounted thermostat, double glazed window to front aspect.
Kitchen (2.90m x 2.87m (9'6 x 9'5)) Fitted with a range of eye and base level units, ample countertop space, freestanding four ring gas oven, space and plumbing for washing machine, inset sink, wall mounted gas boiler, additional breakfast bar, additional area of seating, dual aspect with double glazed windows to side and rear aspects, door opening to the private rear garden.
Bedroom (3.89m x 3.56m (12'9 x 11'8)) Radiator, double glazed window to rear aspect. Bedroom (3.89m max x 3.43m max (12'9 max x 11'3 max )) Radiator, double glazed window to front aspect.
Bathroom Panelled bath with electric shower over, wc, wash hand basin, part tiled walls, radiator, frosted double glazed window to rear aspect.
Outside - Front Area of private garden being mainly laid to lawn, footpath to front door, additional walkway providing access to: Rear Garden Mainly laid to lawn with an additional pebbled area for seating, side access gate to the front of the property.
There is also a storage shed located to the side of the property. Tenure We have been advised of the following by the vendor: Lease: Approximately 85 years remaining.
Service Charge: Approximately £200 per annum. Ground Rent: Peppercorn.
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 GFF 22, Rock Lane, Hastings
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