2-bedroom flat · TN34 3BD
For saleReduced £15k (−7%) on 24 AugListed 418 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 an opportunity to secure this purpose built second floor two bedroom flat with allocated parking.
Located in the heart of Hastings historic Old Town. Offered to the market chain free. This well-presented property comprises a 17ft lounge-diner, kitchen, two bedrooms and a bathroom.
The property benefits from double glazing, electric heating and far reaching views to the east hill.
The heart of Hastings Old Town is on your doorstep, whilst being close to amenities including a variety of independent shops, eateries and public houses, whilst also being within walking distance to Hastings beach and the East Hill steps.
Viewing comes highly recommended, please contact the owners agents now to book your appointment.
Communal Hallway Stairs rising to the top floor, private front door leading to: Hallway Coat hooks, entry phone system, storage heater, loft access.
Lounge-Diner (5.28m x 3.33m (17'4 x 10'11)) Large double glazed window to front aspect with views of the funicular railway and East Hill, two storage heaters, coving, opening to: Kitchen (2.39m x 2.24m (7'10 x 7'4)) Eye and base level cupboards, space and plumbing for washing machine, fridge freezer, electric cooker with four ring electric hob, extractor fan, part tiled surround, inset sink, wood laminate flooring.
Bedroom (4.06m x 3.02m (13'4 x 9'11)) Double glazed window to rear aspect overlooking the car park, storage heater.
Bedroom (3.05m x 2.21m (10' x 7'3)) Double glazed window to rear overlooking the car park.
Bathroom (2.39m max x 1.83m max (7'10 max x 6' max )) Bath with shower over, extractor fan, electric wall heater, laminate flooring, wc, wash hand basin, cupboard housing the water tank and immersion, tiled surround.
Tenure We have been advised of the following by the vendor: Lease: 999 years from 1986, approximately 960 years remaining Maintenance: Approximately £2378 per annum Ground Rent: Approximately £60 per annum.
Letting: No short term lets permitted. Air BnB: Not Permitted. Pets: Not Permitted.
Value & comps
No previous sales on record.
Returns
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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 Flat 9 The Moorings, 71, The Bourne, Hastings
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