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Priory Road, Hastings, East Sussex, TN34 - Image 1
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Priory Road, Hastings, East Sussex, TN34 - Image 3
Priory Road, Hastings, East Sussex, TN34 - Image 4
Priory Road, Hastings, East Sussex, TN34 - Image 5
Priory Road, Hastings, East Sussex, TN34 - Image 6
Priory Road, Hastings, East Sussex, TN34 - Image 7
Priory Road, Hastings, East Sussex, TN34 - Image 8
Priory Road, Hastings, East Sussex, TN34 - Image 9
Priory Road, Hastings, East Sussex, TN34 - Image 10

Priory Road, Hastings, East Sussex, TN34

South East

£70,000
Listed on 01/08/2025

Property Details

Bedrooms
1
Type
Flat
Area
484 sqft

Description

This one-bedroom apartment, available without a chain, is located on a sought-after residential street close to Hastings West Hill and the historic old town. The property offers some distant rooftop views from its rear elevation and features charming Victorian architectural details that reflect its age. While the apartment retains several original characteristics, it presents a valuable opportunity for renovation and enhancement. The interior is currently in need of updating, allowing potential buyers to tailor improvements to their taste and lifestyle. This could be an excellent project for first-time homeowners or investors looking for a property with significant potential once modernized. The living space comprises a lounge/dining area with a traditional fireplace, creating a cozy atmosphere. A well-sized bedroom includes a fitted shower cubicle, making it functional as it stands but providing room for further upgrades. The kitchen, albeit compact, contains essential fixtures and could easily be revamped to maximize utility and aesthetic appeal. Situated within walking distance of local amenities and the scenic charm of Hastings' old town, this property benefits from its convenient location. With an unexpired lease term of 79 years and service charges yet to be confirmed, potential purchasers are encouraged to evaluate the investment opportunities this property offers in relation to market conditions and personal renovation objectives. Overall, this apartment not only serves as a comfortable residence but also represents an appealing project that could yield considerable value upon completion of renovations.

Investment Analysis

(TN34 area)

Below Market Value

This property is priced -54.7% below area average per sq ft

-54.7%
Potential saving
This Property
£145/sq ft
Area Average
£319/sq ft
Avg Rent (weekly)
£253
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£169,836
10% above area average per sq ft
Potential ROI
+78.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TN34)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -3.1%
5 year growth: 14.8%
Investment Disclaimer: Analysis based on TN34 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

Priory Road, Hastings, East Sussex, TN34
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£256
Based on a loan of £52,500 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.

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