**Standout Features:**
- Spacious one-bedroom apartment in a Victorian mid-terrace building.
- Located close to Hastings town centre and railway station.
- High ceilings and original mid-20th century fireplace add character.
- Double glazing installed.
- Low council tax and affordable ground rent (£50 pa).
- Fast broadband and excellent mobile signal.
**Potential Concerns:**
- Leasehold with approximately 60 years remaining; potential mortgage lending challenges.
- Requires extensive renovation to modernize and improve condition.
- High crime rate in the area.
- Little to no insulation; solid brick walls could lead to higher heating costs.
**Summary:**
Discover the investment potential of this spacious second-floor leasehold apartment located just a short walk from Hastings town centre and the railway station. With its generous floor plan of 765 sq ft, this Victorian mid-terrace flat features a bright living room, functional kitchen, comfortable bedroom, and a bathroom, all ripe for restoration. The high ceilings and original fireplace bring charm and character waiting to be fully realized.
However, the property needs significant modernisation, making it a blank canvas for creative buyers. The limited lease of about 60 years may pose challenges for mortgage approval, so cash buyers or those willing to extend the lease will find the best opportunity here.
Despite concerns about neighborhood crime rates and maintenance requirements, the potential for uplift in this vibrant, student-friendly community offers strong rental appeal for investors or a cozy first home for those with a passion for renovation. Act quickly—properties at this price point, especially in such a desirable location, are rare and won't last long!
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