1-bedroom flat · TN34 1PQ
For saleReduced £19.9k (−28.5%) on 24 SepListed 400 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PCM Estate Agents are delighted to offer for sale an opportunity to secure this top floor one bedroom seafront managed apartment for the over 60's.
The property is conveniently located in the heart of Hastings town centre and within easy access to a range of shops, mainline railway station, seafront and promenade.
The property benefits from double glazing having views to hastings castle and overlooking the communal garden from both the bedroom and balcony, a fitted kitchen, bedroom with built in storage and a bathroom.
This popular managed building has lift access and use of the communal lounge and communal laundry room. Please call the owners agents now to book your viewing.
Communal Entrance With entry phone system, providing access to: Communal Hallway Stair and lift access rising to fourth floor, private front door to: Entrance Hall Smart call alarm system, loft hatch, storage cupboard housing hot water cylinder, electric meter and consumer unit, door to: Lounge (4.85m x 3.23m (15'11 x 10'7)) Electric storage heater, television point, wall mounted light fittings, telephone point, double glazed window to rear aspect providing views onto Hastings Castle, archway opening to: Kitchen (2.21m x 1.63m (7'3 x 5'4)) Range of eye and base level units, inset sink with draining board, electric four ring hob with electric oven below, extractor fan, telephone point.
Bedroom (3.76m x 2.67m (12'4 x 8'9)) Electric storage heater, wall mounted lights, lifeline pull cord, built in wardrobe with hanging space and over head storage, double glazed window to rear aspect providing views to Hastings Castle and over the communal garden.
Bathroom Tiled walls, wash hand basin with storage below, low level wc, panelled bath.
Tenure We have been advised of the following by the vendor: Lease: 99 years from September 1985, approximately 58 years remaining. Service Charge: Approximately £3000 per annum (tbc) Ground Rent:
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 47 Homedane House, Denmark Place, Hastings
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