Worst House on the Street Logo
Oaklea Close, St. Leonards-On-Sea - Image 1
Oaklea Close, St. Leonards-On-Sea - Image 2
Oaklea Close, St. Leonards-On-Sea - Image 3
Oaklea Close, St. Leonards-On-Sea - Image 4
Oaklea Close, St. Leonards-On-Sea - Image 5
Oaklea Close, St. Leonards-On-Sea - Image 6
Oaklea Close, St. Leonards-On-Sea - Image 7
Oaklea Close, St. Leonards-On-Sea - Image 8
Oaklea Close, St. Leonards-On-Sea - Image 9
Oaklea Close, St. Leonards-On-Sea - Image 10
Oaklea Close, St. Leonards-On-Sea - Image 11

Oaklea Close, St. Leonards-On-Sea

South East

£360,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1332 sqft

Description

Nestled in a tranquil cul-de-sac, this three-bedroom detached bungalow presents a unique opportunity for renovation and investment. The property features a spacious driveway that provides ample off-street parking, leading up to the bungalow set in a peaceful residential area close to the amenities of Alexandra Park. Inside, the layout includes three generously-sized double bedrooms, offering flexible living options. The lounge/diner is bright and airy, featuring double-glazed windows that welcome natural light. The kitchen, though requiring modernization, features essential space for appliances and cabinetry that can be easily reconfigured to suit contemporary tastes. Noteworthy is the conservatory at the back of the property which opens into a private garden space, perfect for outdoor activities or potential landscaping projects. This area also includes a self-made cattery, which could be transformed or removed depending on your preferences. While the property needs some updating and tender loving care (TLC), it offers an exceptional canvas for those looking to add value through redevelopment. With its quiet location and access to local parks, this bungalow not only provides comfortable living but also significant potential for appreciation in value with strategic improvements. This is an excellent chance for buyers seeking a project or investment property in a desirable neighborhood.

Investment Analysis

(TN37 area)

Below Market Value

This property is priced -11.4% below area average per sq ft

-11.4%
Potential saving
This Property
£270/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£239
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£446,959
10% above area average per sq ft
Potential ROI
+11.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (TN37)

Area prices are stable by +1.4% over the last 12 months
3 year growth: 6.5%
5 year growth: 25.8%
Investment Disclaimer: Analysis based on TN37 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

Oaklea Close, St. Leonards-On-Sea
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,319
Based on a loan of £270,000 over 30 years at 4.19% 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE