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Magdalen Road, Bexhill-On-Sea

South East

£340,000
Listed on 28/01/2026

Property Details

Bedrooms
5
Type
Semi-detached house
Area
1302 sqft

Description

This semi-detached Victorian property presents a rare opportunity for investors or developers. Currently configured as a single spacious one-bedroom ground floor flat, it offers significant potential for transformation. With approved planning permission in place for the creation of two additional two-bedroom flats and a one-bedroom flat on the top floor, the scope for redevelopment is substantial. The existing layout includes several bedsits and communal facilities, which are functional yet require modernisation. Features include a variety of living spaces, gas central heating, and front and rear gardens that could enhance appeal post-renovation. Given its current condition, this property is ideal for cash buyers looking to unlock its full potential and establish multiple rental units in a desirable South East location.

Investment Analysis

(TN40 area)

Below Market Value

This property is priced -17.0% below area average per sq ft

-17.0%
Potential saving
This Property
£261/sq ft
Area Average
£315/sq ft
Avg Rent (weekly)
£304
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£450,570
10% above area average per sq ft
Potential ROI
+2.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (TN40)

Area prices are falling by -8.9% over the last 12 months
3 year growth: -6.2%
5 year growth: +6.8%
Investment Disclaimer: Analysis based on TN40 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Magdalen Road, Bexhill-On-Sea
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,226
Based on a loan of £255,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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