1-bedroom flat · TN39 3DB
Listing removedListed 94 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Burgess & Co are delighted to bring to the market this spacious one bedroom third floor flat forming part of this purpose built retirement block.
Ideally situated being close to Collington train station, Egerton Park, Polegrove and Bexhill Town Centre with its amenities, shops, restaurants, mainline railway station, bus services, seafront and the iconic De La Warr Pavilion.
The accommodation comprises an entrance hall, a living room/diner, a fitted kitchen, a double bedroom and a bathroom.
Further benefits include electric heating, double glazing, entry-phone system, an emergency pull cord system and on site manager.
This property does have an age restriction and is designed for over 60's but does benefit from a number of communal facilities to include a residents lounge, laundry room, guest suite and delightful, well maintained communal gardens as well as parking on site, subject to availability.
Viewing recommended by sole agents. Communal Entrance With entry-phone system, lift & stairs to all levels.
Third Floor With private front door to Entrance Hall With entry-phone system, storage cupboard, meter cupboard.
Living Room/Diner (5.89m x 3.15m (19'4 x 10'4)) With electric heater, dual aspect with double glazed windows to the front & side.
Door to Kitchen (2.57m x 2.29m (8'5 x 7'6)) Comprising matching range of wall & base units, worksurface, inset sink unit with mixer tap, fitted electric hob with extractor hood over, fitted eye level double oven, space for fridge & freezer, double glazed window to the front.
Bedroom (5.72m x 2.84m (18'9 x 9'4)) With electric heater, built-in wardrobe, double glazed window to the front.
Bathroom (2.06m x 1.68m (6'9 x 5'6)) Comprising panelled bath with shower over, vanity unit with inset wash hand basin, low level w.c, light with shaver point, tiled walls, extractor fan.
Communal Facilities There is access to an owner’s lounge overlooking communal gardens, a guest suite, communal laundry facilities and 24 hour careline.
Outside There are well maintained communal gardens and a residents car park to the rear. Nb There is the remainder of an 125 year Lease from 1st March 2004.
We have been advised that the service charges are approximately £2,880 per annum and the ground rent is £301.30 paid every 6 months.
Service charge is reviewed yearly (July) and the Ground Rent is reviewed every 7 years. Llewelyn Lodge is a managed block with an age restriction of 60 and over. Council tax band: C
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 Flat 43 Llewelyn Lodge, 21, Cooden Drive, Bexhill-On-Sea
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