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Drapers Way, St. Leonards-on-sea

South East

£230,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
607 sqft

Description

This end-of-terrace two-bedroom house presents a compelling opportunity for renovation and investment in a tranquil cul-de-sac within the desirable St Leonards area. The property is being offered chain-free and showcases features that appeal to both first-time buyers and investors seeking to add value through updates. The home benefits from gas central heating and double glazing, ensuring a comfortable living environment. Accommodation spans two levels, beginning with an entrance hall that leads into a spacious lounge featuring natural light from the front window. The adjoining kitchen-diner is equipped with essential amenities and offers ample space for dining, making it suitable for family gatherings or entertaining. Upstairs, you'll find two well-proportioned bedrooms, each providing an inviting retreat. The primary bedroom includes convenient storage options, while the second bedroom overlooks the rear garden. The bathroom features modern fittings, including a P-shaped bath with an electric shower, positioning it well for potential upgrades tailored to personal taste. Outside, the enclosed private rear garden is primarily laid to lawn and presents possibilities for landscaping or creating outdoor spaces that cater to your lifestyle. Additionally, an allocated parking space adds practicality in this sought-after location. Conveniently located near local amenities such as Silverhill’s shops and schools—including Asda Superstore—the property not only offers comfortable living but also significant investment potential through renovations or reconfiguration. Given its solid structure and hopeful charm, this house could transform into a dream home or an attractive rental opportunity with some thoughtful updates.

Investment Analysis

(TN38 area)

Above Market Value

This property is priced +16.6% above area average per sq ft

+16.6%
This Property
£379/sq ft
Area Average
£325/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £20,000
Target Value
£216,969
10% above area average per sq ft
Potential ROI
-13.2%
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
10%
Properties sold annually

Local Market Trend (TN38)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -0.7%
5 year growth: 21.0%
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

Drapers Way, St. Leonards-on-sea
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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
£843
Based on a loan of £172,500 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE