1-Bed Coastal Apartment

Off-Market, Turnkey 1-Bed with solid yield in desirable location by the sea:

Regeneration Funding: The borough is benefiting from a £20 million Levelling Up Partnership alongside ongoing Town Deal investment. This cash injection specifically targets the seafront economy, housing, and local high streets rather than just standard tourist spots.

High Demand: St Leonards has established a highly desirable, trendy, and artistic reputation. It acts as a major hub for independent cafes, galleries, and boutique shops, continuing to attract creatives.

Strong Rental Demand: The local rental market is resilient. Average rents across the borough rose to over £1,000 per month, offering healthy potential yields.

Excellent Commuter Links: The flat will be within walking distance of either St Leonards Warrior Square or West St Leonards stations, both of which offer direct train links into London Charing Cross and London Victoria.

Leasehold
Available at 20% Below Market Value
Vacant/chain free

Refurbishment Costs: £0
Investment potential to rent: £850 pcm
Service Charge: £153 pcm
Estimated Mortgage: £375 pcm
Gross Profit: £475 pcm / £5,700 pa

Money Left In After Refinancing: £26,150
Sourcing Fee: £4000 (Fee included in refinancing figure)

ROCE: 22%
Yield: 9%