2-bedroom terraced house · TN37 6EP
Listing removedListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
YOUR MOVE Hastings are delighted to bring to the market this well presented two bedroom second floor apartment. Located in a popular road of St.
Leonards, close proximity to the seafront, train station and local shops. The accommodation comprises two bedrooms, large living space with separate kitchen and family bathroom.
This property also comes with a Share of Freehold and long lease, double glazing and gas central heating throughout. get in touch with YOUR MOVE today on to arrange a viewing.
EPC C 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.
HAS260186/2 2nd Floor Communal Hallway Welcoming communal entrance lobby with carpeted flooring and original sash windows. Intercom system for access.
Open plan Living / Dining Room 5.56m x 3.78m Large living room with beautiful outlook front facing double glazed window overlooking the old convent.
With carpeted floors, radiator and feature fire place.
Kitchen 2.5m x 2.29m The kitchen benefits from vinyl flooring, coloured matching base and wall units with with stainless steel sink, electric hob, fan assisted oven and space for additional appliances.
Front facing double glazed window. Hallway Carpeted floor and access to living accommodation. With wall mounted gas central heating system.
Bathroom 2.34m x 1.85m Bathroom consisting of vinyl flooring, panel bath with shower attachment, low level WC and pedestal basin. Built in storage cupboard and mostly tiled walls.
Bedroom 3.43m x 3.4m Double bedroom with carpeted floor, radiator and rear facing double glazed window with far reaching views looking out over St. Leonards town.
Bedroom 2.84m x 2m Carpeted floor with radiator and side facing double glazed window. Leasehold: Share of Freehold with 957 years remaining Service Charge: £1020.00 Per Annum
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
Agent & docs
FAQ
About Magdalen Road, St. Leonards-on-Sea, East Sussex, TN37
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