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Terrace Road, St Leonards-on-Sea, TN37

South East

£160,000
Listed on 11/11/2025

Property Details

Bedrooms
2
Type
Flat
Area
729 sqft

Description

This two-bedroom first-floor flat is situated within a charming period building in the desirable Warrior's Square area. Currently vacant and offered with no onward chain, the property presents an exciting opportunity for renovation and modernization. It holds significant potential for first-time buyers eager to personalize their living space or for investors seeking a project to enhance and subsequently re-market or rent. Inside, the layout features an inviting entrance hall accessible from a grand communal area equipped with a telephone intercom system. The spacious lounge includes a loft hatch, adding an element of practicality. The kitchen/diner is well-equipped with essential appliances, including an integrated electric oven, hob, extractor system, and fridge-freezer. There's also space available for additional appliances along with a dining setup. Both bedrooms are comfortably sized doubles, providing ample room for furnishings, while the contemporary bathroom features a shower over the bath. The location is another strong point of this property; it’s just a short stroll away from the seafront promenade and is surrounded by local shops and amenities, enhancing daily convenience. Transport links are also impressive, with a nearby mainline train station offering direct services into London. Given its realistic pricing and renovation potential, early viewings are advisable to fully appreciate what this property has to offer. ADDITIONAL INFORMATION: - Council Tax Band: A - Local Authority: Hastings - Lease Term: 198 years from 25 September 1986 *Note: Specific details should be confirmed by your solicitor.*

Investment Analysis

(TN37 area)

Below Market Value

This property is priced -28.1% below area average per sq ft

-28.1%
Potential saving
This Property
£219/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£239
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£244,620
10% above area average per sq ft
Potential ROI
+22.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Terrace Road, St Leonards-on-Sea, TN37
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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
£586
Based on a loan of £120,000 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.

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