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
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Metrics Year-on-Year
- Average area value
- 225,325.00 £Decreased by 9.99 %
- Average area rental value
- 1,094.00 £/moIncreased by 7.25 %
- Est rental Yield
- 5.83 %Increased by 19.22 %
- Crime Rate
- 17.00 %Unchanged by 0.00 %
Agent Activity
Parsons Son & Basley created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Lansdowne Children'S Centre | Secure Units | 0.21 KM | |
| St Leonards Children'S Centre | Children's Centre | 0.22 KM | |
| St Mary Star Of The Sea Catholic Primary School | Voluntary Aided School | Good | 0.87 KM |
| Christ Church Cofe Primary And Nursery Academy | Academy Converter | Good | 0.88 KM |
| St Paul'S Church Of England Academy | Academy Converter | Good | 1.19 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Station Approach | £ 430,000 | 0 | 0.00 KM |
| The Uplands | £ 400,000 | 0 | 0.00 KM |
| Archery Villas | £ 0 | 0 | 0.00 KM |
| Saint John's Road | £ 0 | 0 | 0.00 KM |
| The Cloisters | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| St Leonards Warrior Square | 5239 | SLQ | 0.30 KM |
| West St Leonards | 5242 | WLD | 2.03 KM |
| Hastings | 5219 | HGS | 2.09 KM |
| Ore | 5021 | ORE | 3.96 KM |
| Crowhurst | 5233 | CWU | 7.39 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Silchester Road, St. Leonards-On-Sea | £ 160,000 | BUY | Unknown | 0.02 KM |
| Silchester Road, St. Leonards-On-Sea | £ 175,000 | BUY | Unknown | 0.02 KM |
| Silchester Road, St Leonards-on-Sea, TN38 | £ 160,000 | BUY | Unknown | 0.02 KM |
| Silchester Road, St. Leonards-On-Sea | £ 170,000 | BUY | 5 / 10 | 0.03 KM |
| Stockleigh Road, St. Leonards-On-Sea | £ 150,000 | BUY | 5 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 25a Silchester Road | £ 102,000 | 0.03 KM |
| 9 Silchester Road | £ 39,500 | 0.03 KM |
| 22a Silchester Road | £ 39,999 | 0.03 KM |
| 24 Silchester Road | £ 109,500 | 0.03 KM |
| 27 Silchester Road | £ 78,000 | 0.03 KM |