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See how verdicts work2-bedroom flat
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PCM Estate Agents present to the market an opportunity to acquire this two bedroom managed apartment, catered to the over 60's and located on the fourth floor of this purpose built building with fantastic views out towards Warrior Square and to the sea.
Accommodation comprises a spacious entrance hall with ample storage space, an open plan lounge-dining room with views to the sea, kitchen, master bedroom with en-suite bathroom, second bedroom and a separate shower room.
The building itself also benefits from a lift, guest bedroom and residents lounge, located on the top floor of the building.
To fully appreciate the space and all this managed building has to offer, please contact PCM Estate Agents today to arrange your viewing and avoid disappointment.
Communal Front Door With entry telephone system, stairs or list rising to the fourth floor, private front door to: Entrance Hall Built in storage cupboard with additional hanging space and shelving above, secondary cupboard housing the immersion tank and shelving, lifeline pull cord, electric night storage heater and double doors opening to: Lounge 18'7 max narrowing to 14'6 x 14'6 (5.66m max narrowing to 4.42m x 4.42m) Electric night storage heater, double glazed window to front aspect providing sea views and views out towards Warrior Square Gardens, sliding doors opening to: Kitchen 8'5 max narrowing to 6'8 x 8'4 (2.57m max narrowing to 2.03m x 2.54m) Comprising a range of eye and base level units, four ring electric hob, eye level electric oven, space for fridge freezer, space and plumbing for washing machine, inset one & 1⁄2 bowl stainless steel sink with mixer tap.
Bedroom 15'5 narrowing to 9'3 x 8'7 narrowing to 3'1 (4.70m narrowing to 2.82m x 2.62m narrowing to 0.94m) Electric heater, built in wardrobes, double glazed window to front aspect, sliding door to: En-Suite Panelled bath with mixer tap and separate shower attachment, wc, wash hand basin, part tiled walls and extractor fan.
Bedroom (3.71m x 2.49m (12'2 x 8'2)) Electric heater, built in wardrobe, double glazed window to front aspect.
Shower Room Electric shower with shower cubicle, wash hand basin, wc, part tiled walls and extractor fan.
Tenure We have been advised of the following by the vendor: Lease: Approximately 62 years remaining. Service Charge: 2.88% of any costs Ground Rent: £1 per annum
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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
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FAQ
About Terrace Road, St. Leonards-On-Sea
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