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Devonshire Road, Hastings

South East

£400,000

Listed on 16/06/2026

Property Details

Bedrooms
9
Type
Terraced

Description

This property is a substantial multi-level investment opportunity, featuring nine bedrooms and two kitchens, ideally located in the bustling town centre of Hastings. With close proximity to the mainline railway station and local amenities, this property has great potential for generating income through multiple occupancy or letting arrangements, subject to obtaining necessary consents. The layout includes three shower rooms and flexible communal spaces across five levels, providing ample room for refurbishment and improvement. While both kitchens require modernisation, they offer an excellent opportunity to enhance the living experience. The outdoor space includes off-road parking at the front and a rear garden primarily laid to lawn, which can be revitalised for greater appeal. This is a rare chance for investors or renovators looking to add value in a vibrant area.

Investment Analysis

(TN34 area)
Area Average
£321/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £95,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TN34)

Area prices are stable by -0.1% over the last 12 months
3 year growth: 0.0%
5 year growth: +4.0%
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

Devonshire Road, Hastings
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,511
Based on a loan of £300,000 over 30 years at 4.45% 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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