2-bedroom flat · TN37 6EP
Sold STCReduced £10k (−5.3%) on 21 MayListed 184 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
THIS PROPERTY SPEAKS FOR ITSELF! An upper floor St Leonards apartment with share of freehold and fabulous sea and roof top views.
This two bedroom residence is located in close proximity to popular Kings Road area and Warrior Square train station. This property could prove an ideal purchase for a range of buyers.
Accommodation is arranged over the entire second floor of this period building and retains some period features.
Please contact us for more details and to arrange an appointment to view this Chain Free home. EPC awaited.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
HAS260229/2 SECOND FLOOR Entrance Hall Carpeted flooring. Doors leading to all rooms. Built in storage cupboard with folding wooden door housing a wall mounted gas fired boiler.
Lounge/Diner/Kitchen 5.47m x 4.07m Wood laminate flooring. Single radiator.
UPVC Double glazed window to front aspect with spectacular views over St Leonards rooftops to the sea and Beachy Head.
The Kitchen area comprises a range of wall and base units with a rolled edge work surface over and a stainless steel sink and drainer inset. Fitted Oven, Gas Hob and Extractor.
Space for Fridge/Freezer. Part tiled walls. Picture rail and coving to ceiling. Bedroom 1 3.86m x 3.27m Carpeted flooring. Single radiator. Range of three sash windows to rear aspect.
Picture rail and coving to ceiling. Bedroom 2 3.62m x 2.08m Carpeted flooring. Single radiator. Sash window to rear aspect.
Sash window to side aspect with views of the sea over St Leonards roof tops. Picture rail and coving to ceiling. Bathroom 2.48m x 1.46m Carpeted flooring. Part tiled walls.
The coloured suite comprises a low level flush w/c, Pedestal wash hand basin and panel enclosed bath with a wall mounted shower attachment fitted over.
Utility Room Located separately on a half landing down from the apartment entrance. Wood laminate floor. Spaces for Washing machine and Tumble Dryer.
UPVC Double glazed window to front aspect with fantastic views over rooftops to the sea. LEASE INFORMATION
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 Magdalen Road, St. Leonards-on-Sea, East Sussex, TN37
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