Summary - TOWER BUILDINGS, LOWER SOUTH ROAD TN37 6RH
5 bed 2 bath Terraced
Substantial conversion opportunity near town, station and seafront.
Extremely large 4,808 sq ft Victorian terrace over four floors
This large Victorian terrace spans four floors and almost 4,808 sq ft, offering a rare redevelopment opportunity close to Hastings town centre, the train station and the seafront. Currently used as an antiques store with multiple reception/office areas and an internal garage, the building has scope to be reconfigured into several flats subject to planning — attractive to developers or investors seeking conversion potential in an established urban location.
The property presents clear positives: period frontage and character, freehold title, fast broadband, no flood risk and a very large internal footprint with 5 bedrooms, multiple toilets and around 11 rooms in total. It sits near local shops, amenities and a selection of primary and secondary schools, making it flexible for rental or owner-occupier schemes once refurbished or re-planned.
Buyers should note material drawbacks: the interior is unmaintained and in need of significant refurbishment and modernization; ceiling tiles, dated fittings and carpeted commercial/office areas indicate investment is required to create residential accommodation. The area is classified as very deprived with constrained local market demand, which could affect rental yields or resale values. Any conversion would require planning consent and buyer due diligence on services, structure and compliance.
Sale is by modern auction. Bidders must accept an undisclosed reserve price, pay a non-refundable reservation fee (4.5% of purchase price, minimum £6,600 inc. VAT) and a £300 buyer pack charge; completion is typically required within 56 days. Prospective purchasers should review the Buyer Information Pack, commission surveys and confirm finance and planning feasibility before bidding.
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