Flat 2 Sandrock Hall, The Ridge, Hastings, TN34 2RB

Description

Vacant leasehold ground and lower ground floor maisonette comprising an entrance hall, living/dining room, kitchen, two bedrooms (one with an en-suite shower room), and a bathroom. Externally, the property benefits from a small courtyard accessed via the principal bedroom, a garage, and use of the communal gardens.

Accommodation

Ground floor: Entrance Hall; Living/Dining Room - 5.12 x 4.83; Kitchen - 3.24 x 1.86; Bedroom 2 - 2.76 x 2.56; Bathroom - 2.72 x 1.34. Lower ground floor: Bedroom 1 - 3.79 x 3.15; En suite - 1.73 x 1.47. Total floor area: 94 sq.m. (taken from EPC).

Location

Situated approximately 10 minutes from Hastings town centre and the seafront, with local amenities including coffee shops, cafés, restaurants and leisure facilities. Hastings railway station is approximately 3.0 miles away, providing services to London Victoria in approximately 2 hours. What3Words: laser.bend.panel

Tenure / Property Information

Investment Analysis

Same-building sold evidence ranges from £73,000 to £105,000, with two £92,000 records dated 23 February 2026. A base GDV of £92,000 is supported, but the evidence does not establish condition-adjusted value or account for any legal-pack issues.

Investment Snapshot

Strategy Recommendation

Proceed cautiously only after reviewing the legal pack and inspecting condition. The evidence does not currently support a BTL or flip strategy; the property may suit an owner-occupier if the legal and physical due diligence is satisfactory.

Works Required

No specific defects or required works are evidenced. Allow for inspection, cleaning and any repairs identified before exchange; no refurbishment cost is assumed.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the £92,000 base GDV, 75% refinance is approximately £69,000. Against the guide plus known buyer and admin charges of £93,430, indicative cash left in is £24,430, before works, finance, legal, search, transfer and other costs. No supported rent or refurbishment budget is available.

Buy-to-Let Analysis

BTL yield cannot be established because no supported rental evidence is provided. The only rental evidence supplied concerns a different location and cannot reliably be applied. At the £90,000 guide, known buyer premium and minimum admin charge total £3,430 before other charges.

Flip Analysis

At the guide, the base GDV of £92,000 is only £1,430 below the purchase price plus known buyer and admin charges, before works, selling costs, finance and other auction disbursements. A profitable flip is not evidenced.

Investor Risks & Due Diligence

• Rental evidence is not location-specific and cannot establish achievable rent.

• Physical condition and any required works are not evidenced.

• Other auction charges, legal fees, disbursements and transfer fees are unspecified.

• Base GDV is close to the guide plus known buyer and admin charges, leaving limited margin before further costs.

• Leasehold legal terms, management information and service-charge liabilities require legal-pack review.

Recommendation

Proceed cautiously only after reviewing the legal pack and inspecting condition. The evidence does not currently support a BTL or flip strategy; the property may suit an owner-occupier if the legal and physical due diligence is satisfactory.

Strategy Rating

Analysis Confidence

Recent same-building sales support the value range, but there is no reliable rent, condition assessment, refurbishment budget, selling-cost allowance or complete auction cost schedule.