2-bedroom flat · TN38 0TZ
For saleReduced £10k (−5%) on 11 JulListed 144 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 two bedroom well-proportioned apartment within a purpose built block, having use of communal gardens and an allocated parking space.
Offered to the market chain free. Accommodation comprises a 13ft lounge-diner with access to a private balcony, separate kitchen, two double bedrooms and a shower room.
The property has been recently modernised and is in good condition throughout.
Viewings come highly recommended, please call the owners agents now to fully appreciate the space that this chain free apartment has to offer.
Communal Entrance With entry phone system, stairs and lift rising to the second floor, private front door to: Entrance Hall Entry phone system, storage cupboard with hanging space for coats and storage space for shoes, additional airing cupboard housing the hot water cylinder with additional shelving above, door to: Lounge-Diner (3.99m x 3.99m (13'1 x 13'1)) Electric radiator, double glazed windows to side aspect, double glazed door opening onto: Private Balcony Perfect for a bistro style table and chairs, and for enjoying a summer's evening.
Kitchen (3.99m x 2.34m (13'1 x 7'8)) Comprising a range of eye and base level units, integrated dishwasher, integrated fridge and freezer, integrated washing machine, four ring electric stove with extractor above, eye level electric oven with microwave above, inset one & 1⁄2 bowl inset sink with mixer tap, double glazed windows to side aspect.
Bedroom One (3.99m x 3.58m (13'1 x 11'9)) Electric heater, double glazed window to side aspect. Bedroom Two (3.66m x 2.77m (12' x 9'1)) Electric radiator, double glazed window to side aspect.
Shower Room Comprising a walk-in double shower with waterfall style shower head, bidet, wash hand basin with mixer tap and storage beneath, low level dual flush wc, chrome heated towel rail, part tiled walls, tiled flooring, frosted double glazed window to rear aspect.
Outside The property has an allocated parking space and use of communal gardens. Tenure We have been advised of the following by the vendor: Lease: Service charge: Ground Rent:
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 10 Greenhayes, 46, Springfield Road, St. Leonards-On-Sea
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