We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · TN38 8ET
Sold STCReduced £10k (−6.3%) on 14 JulListed 422 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
If you are seeking an opportunity to acquire a superbly proportioned two bedroomed purpose built apartment then look no further than this superb example offered to the market with a 75% shared ownership with no rent payable on the remaining 25%.
Offered to the market chain free.
Enjoying benefits including gas central heating, double glazing, 16ft lounge with juliette balcony, kitchen with integrated appliances, 15ft master bedroom with good sized second bedroom having Juliette balcony also, modern bathroom & wc, allocated off road car parking space and a lengthy lease.
Situated towards the Western outskirts of St Leonards with access to roads leading to both the nearby market town of Battle and Hastings town centre with its comprehensive range of shopping, sporting, recreational facilities, mainline railway station, seafront and promenade.
Call now to book your immediate viewing yo avoid disappointment.
Communal Entrance Lobby With stairs rising to the first floor, private front door leading to: Entrance Hall Double glazed window to front aspect, entry phone received, burglar alarm control panel, radiator, walk in storage cupboard.
Lounge (5.00m x 3.76m (16'5" x 12'4")) Double glazed window to rear aspect, radiator, wall light points, double glazed double doors opening to Juliette balcony, open plan to: Kitchen (3.40m max x 2.59m max (11'2" max x 8'6" max)) Double glazed window to side aspect, stainless steel inset one and a half bowl sink, range of base units comprising cupboards and drawers set beneath working surfaces matching wall units over, under cupboard lighting, stainless steel chimney style cooker hood with stainless steel back plate, over stainless steel four ring gas hob, stainless steel single electric oven, integrated washing machine, integrated fridge/freezer, cupboard housing wall mounted gas combination boiler, inset ceiling spotlights, integrated wine rack, cooker point.
Bedroom One (4.75m x 3.89m (15'7" x 12'9")) Double glazed window to rear aspect, radiator.
Bedroom Two (3.40m x 2.59m (11'2" x 8'6")) Double glazed window to front aspect, double glazed double doors opening to Juliette balcony, radiator.
Bathroom Part tiled walls, modern white suite comprising panelled bath with mixer spray attachment, fitted shower screen, pedestal basin, low level wc, shaver point, radiator, inset ceiling spotlights, extractor fan.
Outside Allocated parking space. Tenure Lease: 125 years from 2005, approximately 105 years remaining.
Ground rent: £200 per annum Service charge: Approximately £1624 per annum Letting: Not Allowed Air BnB: Not Allowed Pets: Yes, by agreement
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
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FAQ
About Flat 3, 32, Cooden Ledge, St. Leonards-On-Sea
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