2-bedroom flat · TN38 0YG
Sold STCListed 70 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-proportioned two bedroom purpose-built flat, situated on the second floor of this established residential block, offering generous room sizes, a private balcony and the rare advantage of a garage.
The accommodation extends to approximately 780 sq ft and is arranged around a spacious central entrance hall, creating a practical and well-balanced layout.
The living room is particularly impressive in size, measuring over 18ft in length, with ample space for both seating and dining areas.
A door leads directly onto a private balcony, providing a pleasant outdoor space to enjoy some fresh air or morning coffee.
The separate kitchen offers good storage and worktop space, with scope for modernisation to suit individual taste.
Both bedrooms are comfortable doubles, with the principal bedroom benefiting from an excellent footprint of over 16ft in length.
A bathroom and separate WC add further convenience, particularly for guests or sharers.
While the flat would now benefit from cosmetic updating, it has been well maintained and presents a superb opportunity for buyers looking to personalise a property to their own style.
The generous proportions and straightforward layout make it an ideal first purchase, downsize or buy-to-let investment.
Externally, the property enjoys the valuable addition of a garage, providing secure parking or useful storage – an increasingly sought-after feature.
Positioned on the second floor, the flat offers an elevated outlook and a sense of privacy, while remaining conveniently located for local amenities and transport links.
An excellent opportunity to acquire a spacious home with genuine potential in a popular residential setting.
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 Pevensey Road, St. Leonards-On-Sea
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