2-bedroom flat · TN34 3BD
Listing removedReduced £40k (−16.7%) on 3 OctListed 473 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away just off the High Street in the heart of Hastings’ historic Old Town, this chain-free, two-bedroom, ground-floor apartment offers an ideal blend of convenience and practicality.
Within walking distance of an excellent range of independent shops, cafés, the Hastings Contemporary Gallery, the iconic fishing huts and the seafront, this is a fantastic opportunity to enjoy one of the most sought-after locations in the area.
The property is accessed via a private front door leading into a welcoming hallway with two generous storage cupboards.
The accommodation includes two bedrooms, a recently updated shower room/WC, a well-equipped kitchen/breakfast room and a spacious lounge/dining room measuring over five metres in length - perfect for entertaining.
Further benefits include a private courtyard, allocated off-road parking - a rare and valuable asset in the Old Town - and UPVC double glazing with electric heating throughout.
The property is offered with the remainder of a 999-year lease, with current maintenance charges of approximately £2,300 per year and a ground rent of £130.
This is a wonderful opportunity to secure a peaceful, well-maintained home in a unique and highly desirable setting. Early viewing is highly recommended via the vendor’s chosen agents, Just Property.
Private Front Door Hallway Bedroom (3.94 x 3.05 (12'11" x 10'0")) Bedroom (2.69 x 2.08 (8'9" x 6'9")) Kitchen / Breakfast Room (2.95 x 2.08 (9'8" x 6'9")) Shower Room / Wc Lounge / Dining Room (5.13 x 3.35 (16'9" x 10'11")) Storage Cupboards X 2 Private Rear Garden Allocated Parking Space
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 Flat 4, The Moorings, 71 The Bourne, Old Town, Hastings
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