Leopold Road, Bexhill-On-Sea, TN39 3PF
South East
£40,000Guide Price
Listed on 06/11/2026
Listed on 06/11/2026
The listing
Property details
Bedrooms
1Type
Ground FlatArea
377 sqftFeatures
- Garden
Description
Offered at auction, this ground-floor one-bedroom flat measures approximately 35 sq m (377 sq ft) and is described as requiring full refurbishment. The accommodation includes a living area, kitchen space, double bedroom and shower room, with a courtyard outside. The property is close to Bexhill town centre, shops, restaurants and transport links.
The flat is leasehold, with a 99-year lease granted in March 1974. The seller's information states there is no annual ground rent and reports service charges of £300 per annum, which buyers should verify with their solicitor. Cash buyers only are advised because of the short lease. The auction is conducted under the Modern Method, with a 56-day reservation period, a buyer information pack charge and a non-refundable reservation fee. Buyers should review the auction terms and lease details before bidding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
68out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £40,000, this one-bedroom flat is exceptionally cheap against the local benchmark: £106 per sq ft compared with £338. That creates an attractive entry point for a buyer prepared to take on the substantial modernisation, with a living area, courtyard and town-centre convenience to build on. The asking price is the opportunity, though the short lease and cash-buyer requirement need careful consideration.
Key opportunities
- Rework the compact flat’s interior as a coherent modern home, updating the dated kitchen, bathroom finishes and flooring alongside the wider refresh.
- Clear and simplify the courtyard planting to make better use of this useful outdoor space.
- Acquire at a very low local £/sq ft and use the town-centre setting and nearby transport links as part of the appeal once improved.
Key risks
- The bedroom ceiling has peeling, cracking and brown staining near the window; investigate the cause and scope of repair before committing.
- A substantial whole-flat programme is needed, including ceiling repairs and coordinated work across the interior; plan for a significant project schedule rather than a cosmetic refresh.
- The short lease is a material constraint, and the listing specifies cash buyers only; obtain legal advice on the lease and verify service-charge details.
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Transport
Nearest stations
Bexhill Rail Station
0.4 miles
Train · Bexhill
Collington Rail Station
0.5 miles
Train · Collington
Cooden Beach Rail Station
1.9 miles
Train · Cooden
West St Leonards Rail Station
3.2 miles
Train · West St Leonards
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£163
Based on a loan of £30,000 over 30 years at 5.13% 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.
Tax
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Indicative tax based on the asking price and the options you select.
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