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Marina, St. Leonards-On-Sea

South East

£60,000Guide Price

Listed on 30/06/2026

Property details

Bedrooms
2
Type
Flat

Description

This basement flat on Hastings seafront presents a blank canvas for renovation enthusiasts or investors looking to capitalize on its potential. With its own private entrance leading down to a courtyard garden, this property features two bedrooms, a spacious lounge, and a kitchen and bathroom that require complete refurbishment. The layout includes additional space that could serve as an office or storage area. Situated in a desirable coastal location, this flat offers an opportunity for significant value enhancement through comprehensive updates. Offered at auction, the lack of an onward chain adds to the convenience for prospective buyers.

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Investment analysis

(TN38 area)
Area Average
£321/sq ft
Avg Rent (weekly)
£274
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TN38)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -5.6%
5 year growth: +11.9%
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

Marina, St. Leonards-On-Sea
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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
£227
Based on a loan of £45,000 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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Next Steps

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