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Old Church Road, St Leonards-on-Sea, TN38

South East

£91,500
Listed on 13/02/2026

Property Details

Bedrooms
1
Type
Flat
Area
449 sqft

Description

This one-bedroom first-floor flat presents an exciting opportunity for both first-time buyers and investors, highlighting its significant renovation potential in a desirable location. The spacious lounge-diner is bathed in natural light from double-glazed windows, creating a warm environment suitable for entertaining or unwinding. While it currently requires some refurbishment, this apartment offers a blank canvas for you to reimagine the kitchen and bathroom according to your style preferences. Both areas are ripe for transformation, providing ample scope to create tailored spaces that meet modern requirements. The generously sized double bedroom is bright and inviting, with enough room for additional storage solutions or even a home office. An added bonus is the large storage loft, which may have conversion possibilities subject to local permissions, enhancing the property's value further. A private rear roof terrace adds a unique charm, making it perfect for enjoying morning coffee or relaxing outdoors—an uncommon luxury among flats in the area. With access via a separate entrance at the rear, this feature affords extra privacy. The property benefits from a new 125-year lease and low outgoings, enhancing affordability. Notably, there is potential to acquire the freehold through separate negotiation, allowing buyers greater control over their investment. Offered chain-free, this flat allows for a smooth transition whether you aim to move in immediately or start your renovation project right away. Ideal for those looking to step onto the property ladder or buy-to-let investors searching for value-added opportunities in a vibrant community setting.

Investment Analysis

(TN38 area)

Below Market Value

This property is priced -37.1% below area average per sq ft

-37.1%
Potential saving
This Property
£204/sq ft
Area Average
£324/sq ft
Avg Rent (weekly)
£265
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£159,999
10% above area average per sq ft
Potential ROI
+37.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (TN38)

Area prices are falling by -3.4% over the last 12 months
3 year growth: -2.8%
5 year growth: +18.0%
Investment Disclaimer: Analysis based on TN38 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

Old Church Road, St Leonards-on-Sea, TN38
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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
£330
Based on a loan of £68,625 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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