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Alma Terrace, St. Leonards-On-Sea

South East

£365,000

Listed on 01/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
1197 sqft

Description

This property presents an excellent opportunity for buyers looking to invest in a project with significant potential. Conveniently located near shops, schools, and the seafront, it also offers easy access to Hastings, Bexhill-on-Sea, Battle, and Rye. The entrance hall leads into a spacious bay-fronted living room and a separate dining room, perfect for gatherings. The kitchen/breakfast room opens onto a garden, presenting a blank canvas for future enhancements or reconfiguration with appropriate permissions. On the first floor, you will find two generous double bedrooms alongside a bathroom and separate WC. While the property is in need of modernisation to unlock its full potential, it retains desirable character features typical of its era. An enclosed rear garden complements the property along with the rare benefit of off-road parking opposite. With gas central heating already in place, this charming home offers considerable scope for improvement and is worth viewing to appreciate its potential fully.

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Investment analysis

(TN37 area)

Below Market Value

This property is priced -0.8% below area average per sq ft

-0.8%
Potential saving
This Property
£305/sq ft
Area Average
£307/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£404,556
10% above area average per sq ft
Potential ROI
+1.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TN37)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +6.9%
5 year growth: +15.9%
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

Alma Terrace, 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
£1,379
Based on a loan of £273,750 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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