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See how verdicts work2-bedroom flat · TN38 0BL
No longer listedReduced £25k (−10%) on 20 JunListed 266 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property: A characterful and exceptionally well presented two double bedroom apartment positioned on St. Leonards seafront with a private entrance and courtyard garden.
Situated on the lower ground floor of this period building and being presented to an immaculate standard throughout having recently undergone refurbishments.
Comprising of a large reception room with original parquet flooring, measuring 13'6 x 13'5, providing room for a full dining table and enjoying an outlook to the front courtyard.
The separate kitchen is fitted with bespoke units, offering ample storage and worktop space, plus room for appliances.
The two double bedrooms span the rear of the property, with the spacious master bedroom enjoying patio doors leading to the rear courtyard garden.
There is a contemporary shower room with W/C, as well as a large family bathroom. Externally the courtyard garden is paved, providing the perfect spot to dine al fresco.
Set in a sought after location and being sold with a share of freehold, this fantastic property would make the perfect seaside retreat or family home and is not to be missed.
The location: Occupying an unrivalled location on the seafront, adjacent to St. Leonards beach.
It is positioned within walking distance to nearby shops and restaurants at Marine Court, Grand Parade and central St. Leonards. St.
Leonards offers a collection of indepdant stores, antique shops, galleries cafes and restaurants along with a mainline railway station with connections to London.
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
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FAQ
About Basement Flat, 86b, Marina, St. Leonards-On-Sea
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