2-bedroom flat · TN34 2AE
Listing removedListed 144 days
Opportunity summary
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About
A bright and well proportioned two double bedroom apartment set within this well maintained purpose built block.
Located on the first floor, this neutrally decorated residence offers open plan accommodation with a Juliette balcony and views across Hastings and St Leonard's on Sea with modern fitted kitchen with integrated appliances and ample worktop and storage space, convenient separate utility room with space for washing machine, two double bedrooms with storage space and fully tiled bathroom with bath and shower over.
The property is located on the outskirts of Hastings within easy reach of the Conquest hospital, local shops and transport links.
Externally there is an allocated off road parking space as well as visitor parking and communal gardens for the use of residents. Being sold with no onward chain and 113 years remaining on the lease.
Communal Entrance Stairs and lift leading to first floor and apartment entrance. Hallway Ceiling light, door entry system, radiator, carpeted flooring, doors leading to.
Open Plan Lounge / Kitchen Area Lounge Area (5.2 x 3.3 (17'0" x 10'9")) Bright and exceptionally spacious with Juliette balcony facing rear aspect and views over Hastings, ceiling lights, radiators, multiple power points, TV point, telephone socket and carpeted flooring.
Kitchen Area (3.3 x 1.7 (10'9" x 5'6")) Modern fitted kitchen with a range of base and wall units with complementary formica worktop, integrated oven with electric hob above, stainless steel extractor, integrated under counter fridge freezer and dishwasher, single bowl stainless steel sink with mixer tap.
Ceiling light, tiled flooring. Bedroom Two (4.0 x 2.5 (13'1" x 8'2")) Ceiling light, double glazed window facing rear aspect, storage cupboard, radiator, power points and carpeted flooring.
Master Bedroom (4.0 x 3.0 (13'1" x 9'10")) Ceiling light, double glazed window facing rear aspect, fixed wardrobe, radiator, TV point, power points and carpeted flooring.
Bathroom (2.1 x 1.8 (6'10" x 5'10")) A contemporary suite comprising of ceiling light, part tiled walls, heated towel rail, basin, low level WC, bath with shower over and tiled flooring.
Utility Room (2.5 x 1.7 (8'2" x 5'6")) Ceiling light, power points, formica worktop with base and wall unit with space & plumbing for washing machine. Tiled flooring.
Lease Details Lease term: 125 from 25.03.2014 (113 years remaining) Maintenance charge: £2009 per annum Ground rent: £200 per annum Additional Information Council Tax Band: A EPC Rating: B All dimensions supplied are approximate and to be used for guidance purposes only.
They do not form part of any contract. No systems or appliances have been tested.
Kitchen appliances shown on the floor plan are for illustration purposes only and are only included if integrated, built-in, or specifically stated.
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.
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FAQ
About Flat 6, St Georges Lodge, 195, The Ridge, Hastings
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