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Devonshire Road, Hastings

South East

£400,000

Listed on 01/07/2026

Property details

Bedrooms
9
Type
Terraced

Description

This substantial multi-level property presents a noteworthy investment opportunity in the heart of Hastings, benefiting from proximity to major transport links and amenities. With nine bedrooms, two kitchens, three shower rooms, and an additional bathroom, this property is ideally configured for multiple occupancy or rental potential, pending necessary consents. The flexible accommodation spreads across four floors offers a generous communal area; however, both kitchens require modernisation which opens up avenues for significant refurbishments catering to modern standards. The outdoor space includes off-road parking for several vehicles and a sizable rear garden that can enhance tenant satisfaction. This property is not just about its current state but rather the potential that lies within its walls to transform it into a profitable venture in a desirable location.

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Investment analysis

(TN34 area)
Area Average
£319/sq ft
Avg Rent (weekly)
£242
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TN34)

Area prices are stable by -0.9% over the last 12 months
3 year growth: -1.5%
5 year growth: -0.9%
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

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£
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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.

Stamp duty calculator

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