Silchester Road, St. Leonards-On-Sea
PA

Silchester Road, St. Leonards-On-Sea

By Parsons Son & Basley

£ 450,000

Reviews

2 out of 5 stars

Parsons Son & Basley says ..

SOLD PRIOR TO AUCTION Auction Guide £450,000+ High yielding freehold residential investment allowing for a highly sought after return of 10.6% comprising of 8 self contained studio flats all let on AST's as follows. Flat 1....50 sq m let at £6,000 per annum EPC D Fl...

Property Oracle says ..

This property, situated on Silchester Road in Central St Leonards, presents as a commercial/residential building that requires further investigation. The exterior suggests a structure that is likely older, requiring some degree of refurbishment or cosmetic work. The location is convenient, with relatively easy access to transport and local amenities including schools. However, the lack of key details such as square footage, number of bedrooms and bathrooms, and plot size prevents a comprehensive analysis. The list price of £450,000, relative to other nearby property sales is notably high without further information to justify the valuation. The potential for the property is linked to the rental income it may provide if it’s indeed a multi-unit building as indicated by a past sale listing. Additional information on the interior condition, layout, and current rental income (if applicable) is essential before a complete market valuation can be determined. Buyers should proceed with caution and conduct a thorough inspection and seek professional advice. Investors will need to look at the return on investment and rent roll in detail.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
5
Condition
6
Location
7
Land
1
Bedrooms
0
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
225,325.00 £
Decreased by 9.99 %
from 250,342.00 £
Average area rental value
1,094.00 £/mo
Increased by 7.25 %
from 1,020.00 £/mo
Est rental Yield
5.83 %
Increased by 19.22 %
from 4.89 %
Crime Rate
17.00 %
Unchanged by 0.00 %
from 17.00 %

Agent Activity

  • Parsons Son & Basley created the listing.

Nearby Schools

NameTypeOfstedDistance
Lansdowne Children'S CentreSecure Units0.21 KM
St Leonards Children'S CentreChildren's Centre0.22 KM
St Mary Star Of The Sea Catholic Primary SchoolVoluntary Aided SchoolGood0.87 KM
Christ Church Cofe Primary And Nursery AcademyAcademy ConverterGood0.88 KM
St Paul'S Church Of England AcademyAcademy ConverterGood1.19 KM

Images

Main

Nearby Streets

NameAverage PriceAverage SqftDistance
Station Approach £ 430,00000.00 KM
The Uplands £ 400,00000.00 KM
Archery Villas £ 000.00 KM
Saint John's Road £ 000.00 KM
The Cloisters £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
St Leonards Warrior Square5239SLQ0.30 KM
West St Leonards5242WLD2.03 KM
Hastings5219HGS2.09 KM
Ore5021ORE3.96 KM
Crowhurst5233CWU7.39 KM

Nearby Listings

AddressPriceTypeScoreDistance
Silchester Road, St. Leonards-On-Sea £ 160,000BUYUnknown0.02 KM
Silchester Road, St. Leonards-On-Sea £ 175,000BUYUnknown0.02 KM
Silchester Road, St Leonards-on-Sea, TN38 £ 160,000BUYUnknown0.02 KM
Silchester Road, St. Leonards-On-Sea £ 170,000BUY5 / 100.03 KM
Stockleigh Road, St. Leonards-On-Sea £ 150,000BUY5 / 100.05 KM

Nearby Properties

AddressPriceDistance
25a Silchester Road £ 102,0000.03 KM
9 Silchester Road £ 39,5000.03 KM
22a Silchester Road £ 39,9990.03 KM
24 Silchester Road £ 109,5000.03 KM
27 Silchester Road £ 78,0000.03 KM