Ground Floor Flat, 67, Norman Road, ST. LEONARDS-ON-SEA, East Sussex, TN38 0EG

Description

Leasehold ground floor flat Location: The property is located on Norman Road. Shopping amenities can be found locally within St. Leonards-on-Sea Town Centre. Public transport links are available at St Leonards Warrior Square to the north and Hastings Train Station to the north east along with a network of local bus services serving the surrounding areas. The property is served by road links including the A2102 to the east. Recreational pursuits can be found at Saint Leonard’s Gardens to the west. Accommodation: One bedroom, reception room, kitchen, bathroom/wc EPC Rating: C Council Tax Band: A Lease: Held on a lease for a term from and including 29/09/2020 to and including 28/09/2170. To view: 28/8, 5/9 a t9am No booking required – Please arrive at the time stated

Location

The property is located on Norman Road. Shopping amenities can be found locally within St. Leonards-on-Sea Town Centre. Public transport links are available at St Leonards Warrior Square to the north and Hastings Train Station to the north east along with a network of local bus services serving the surrounding areas. The property is served by road links including the A2102 to the east. Recreational pursuits can be found at Saint Leonard’s Gardens to the west. Accommodation: One bedroom, reception room, kitchen, bathroom/wc

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£10,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

• Confirm lease length, ground rent, service charge and major works

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆