2-bedroom flat · TN38 0LG
Sold STCListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PCM Estate Agents are delighted to present to the market a fantastic opportunity to secure this TWO BEDROOM LOWER GROUND FLOOR FLAT, forming part of this ATRRACTIVE PERIOD BUILDING.
Externally the property benefits from an ALLOCATED PARKING SPACE and access to the BEAUTIFULLY MAINTAINED COMMUNAL GARDENS. Offered to the market CHAIN FREE and IN NEED OF MODERNISATION.
Accommodation comprises a large and welcoming entrance hall, a BAY FRONTED LOUNGE-DINING ROOM, kitchen which is in need of modernisation, separate UTILITY ROOM, TWO BEDROOMS, SHOWER ROOM and a SEPARATE WC.
The property also benefits from gas central heating.
Ideally situated in the highly sought-after Burton St Leonards region of the town, within walking distance of local parks, including St Leonards Gardens, a wide range of independent shops and eateries in central St Leonards, and mainline railway station.
To fully appreciate the potential that this CHAIN FREE apartment has to offer, please contact the owners agents now to arrange your viewing and avoid disappointment.
Private Front Door - Opening to: Spacious Entrance Hall - Radiator, wall mounted thermostat and fire alarm system for the building, two large built in storage cupboards one of which with hanging space and other having built in shelving, door opening to: Lounge-Diner - 21'9 max into bay x 16'8 (6.63m max into bay x 5.08m) Radiator, borrowed light window from entrance hall, single glazed bay window to rear aspect having an outlook over the garden, door opening to: Kitchen - 3.15m x 2.57m (10'4 x 8'5) - In need of modernisation but comprising a range of eye and base level units, space for freestanding gas cooker, stainless steel inset sink with mixer tap, wall mounted gas boiler, part tiled walls, single glazed window to rear aspect, door opening to lounge, further door to entrance hall, door opening to: Utility Room - 3.18m x 1.45m (10'5 x 4'9) - Space and plumbing for washing machine, space for tall fridge freezer, single glazed window to side aspect.
Bedroom - 16'7 x 15'5 max into bay (5.05m x 4.70m max into bay ) Radiator, single glazed bay window to front aspect, further door opening to built in wardrobe with additional shelving space.
Bedroom - 2.87m x 2.36m (9'5 x 7'9) - Radiator, single glazed window to side aspect. Separate Wc - Low level wc, wash hand basin, single glazed window to side aspect.
Shower Room - Shower, wash hand basin, part tiled walls, radiator, extractor fan, two doors opening to an additional exposed brick storage space, also housing the gas meter and electric consumer unit.
Parking - Allocated space located at the front of the property. Communal Garden - Expansive and mainly laid to lawn with a range of mature trees and shrubs, brick walled boundaries.
Tenure - We have been advised of the following by the vendor: Share of Freehold - transferrable with the sale. Lease: New 999 Year Lease upon completion. Service Charge: Approximately £360 per annum.
Building Insurance: Approximately £375 per annum.
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 Upper Maze Hill, St Leonards-On-Sea
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