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See how verdicts work4-bedroom flat · TN39 3YB
Listing removedListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Burgess & Co are delighted to bring to the market this rarely available, unique, bright and spacious penthouse apartment with stunning uninterrupted panoramic sea views.
Ideally located opposite the seafront with promenade, and within walking distance of Bexhill Town Centre with its array of shopping facilities, restaurants, mainline railway station and the iconic De La Warr Pavilion.
The property is accessed via a lift or stairs and the accommodation comprises of a spacious entrance hallway, a 21'3ft living room, a 35'ft sun room, a 17'ft conservatory, a kitchen, three double bedrooms one with an en-suite bathroom, a further fourth bedroom/office, a family bathroom, and a utility room.
The property benefits from double glazing, electric heating, two garages and a particular feature is the 'wrap around' sun terrace giving amazing direct sea views from Hastings to Eastbourne, as well as views over the town.
The property will need some updating, but truly must be seen to fully appreciate all that this spacious Penthouse has to offer.
Communal Entrance Hall With entry-phone system, stairs/passenger lift to all floors.
The Penthouse With private front door to Entrance Hall With two electric heaters, entry-phone system, fitted cupboards, fitted double cupboard.
Living Room (6.48m x 4.47m (21'3 x 14'8)) With electric heater, double glazed windows enjoying stunning sea views towards Beachy Head, double glazed doors to both the Conservatory & Sun Room.
Conservatory (5.18m x 3.10m (17'0 x 10'2)) With double glazed windows enjoying stunning sea views towards Beachy Head, double glazed sliding patio doors opening to the sun terrace.
Sun Room (10.67m x 1.37m (35'0 x 4'6)) With double glazed windows enjoying far reaching sea views, double glazed doors at either end leading to the sun terrace.
Kitchen (3.86m x 3.15m (12'8 x 10'4)) Comprising matching range of wall, base & drawer units, worksurfaces, inset stainless steel double sink unit, tiled splashbacks, inset electric hob with extractor hood over, fitted double oven, dishwasher, space for table & chairs, fitted larder cupboard, double glazed window.
Bedroom/Dining Room (5.08m x 3.25m (16'8 x 10'8)) With electric heater, double glazed window.
Bedroom (4.47m x 4.14m (14'8 x 13'7)) With electric heater, built-in wardrobes, dual aspect with double glazed windows to the front & side.
Bedroom (4.45m x 4.14m (14'7 x 13'7)) With electric heater, built-in wardrobes, double glazed window to the side, door to En-Suite Bathroom (3.38m x 2.18m (11'1 x 7'2)) Comprising of corner shower cubicle, panelled bath, low level w.c, vanity unit with inset wash hand basin, electric heated towel rail, electric heater, partly tiled walls, double glazed frosted window.
Bathroom (3.76m x 1.98m (12'4 x 6'6)) Comprising bath, shower cubicle, low level w.c, vanity unit with inset wash hand basin, double glazed frosted window.
Bedroom/Office (3.89m x 3.81m (12'9 x 12'6)) With electric heater, double glazed window, door to Utility Room (3.66m x 1.68m (12'0 x 5'6)) With electric heater, fitted cupboards, space for appliances, double glazed window.
Door to Sun Terrace. Sun Terrace Wrap around sun terrace enjoying stunning views towards Hastings & Beachy Head.
Two Garages There are two single garages located in a nearby block, both with up & over doors and power. Nb There is the remainder of a 999 year Lease from 25 December 1971.
We have been advised that the service charges are approximately £6,000 per annum. Council tax band: F
Value & comps
No previous sales on record.
Returns
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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 The Penthouse, 29 Tobago, West Parade, Bexhill on Sea
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