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 work1-bedroom house · TN37 6QR
Listing removedListed 293 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PCM Estate Agents are delighted to welcome to the market an opportunity to secure this GROUND FLOOR ONE BEDROOM RETIREMENT FLAT, situated directly on Hastings seafront, providing views out towards the sea and Hastings Pier.
This property is available to residents over the age of 55.
The property is BRIGHT AND SPACIOUS benefitting from a GOOD SIZED LOUNGE-DINER with VIEWS out towards the sea, a MODERN FITTED KITCHEN and WALK IN SHOWER, as well as boasting a GOOD SIZED DOUBLE BEDROOM with views out to the sea.
The property also has the additional benefit of residents only parking, lift access to all floors, communal lounge and a well-maintained communal area.
Please call the owners agents now to book your appointment and avoid disappointment.
Communal Entrance - With entry phone system providing access to the ground floor, private front door to: Entrance Hall - Entry phone system, lifeline pull cord, large storage cupboard housing the hot water tank with shelving above, storage cupboard providing ample storage, door opening to: Lounge - 5.49m x 3.00m (18' x 9'10 ) - Wall mounted thermostat, radiator, V shaped double glazed window to front aspect providing outlook towards the sea and Hastings Pier, television point, lifeline pull cord, sliding doors opening to: Kitchen - 1.83m x 2.46m (6' x 8'1) - Fitted with a range of eye and base level units, large inset sink with mixer tap, four ring electric induction stove with extractor above, part tiled walls, integrated fridge with electric Neff oven above, space for freestanding under counter freezer, space and plumbing for washing machine.
Bedroom - 3.58m x 2.77m (11'9 x 9'1) - Built in wardrobe with hanging and shelving space above, lifeline pull cord, television point, radiator, double glazed window to front aspect providing a lovely outlook onto Hastings Pier and the sea.
Shower Room - Large double walk in shower having mixer tap and shower head above, extractor fan, tiled walls, low level dual flush wc, sink with storage below and vanity mirror above, chrome style heated towel rail, lifeline pull cord.
Tenure - We have been advised of the following by the vendor: Lease: Approximately 63 Years remaining. Service Charge: Approximately £4019 per annum Ground Rent: TBC
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Verulam Place, St. Leonards-On-Sea
Explore nearby
