Summary - 32 MOUNT PLEASANT ROAD HASTINGS TN34 3SH
6 bed 3 bath Block of Apartments
Freehold Victorian block with tenants in situ and refurbishment upside.
Tenants in situ — immediate rental income potential
Three self‑contained flats (3 x two‑bedroom) on one freehold
Lower‑ground flat requires modernisation and cosmetic works
Private rear garden for lower‑ground flat
Off‑street parking for one vehicle to front
Mixed EPCs: C, D and D — energy improvements possible
Located in a very deprived area; local demand from constrained renters
Small overall footprint (~628 sq ft) — limited expansion potential
This freehold Victorian semi‑detached building is arranged as three self‑contained two‑bedroom flats, offering an established buy‑to‑let package with tenants in situ. The ground and top flats have reasonable EPCs (C and D), gas central heating and double glazing. The lower‑ground flat shares period features but requires modernisation and would benefit from targeted refurbishment to lift rental value.
Practical advantages include a private rear garden for the lower‑ground flat, off‑street parking for one vehicle, and immediate rental income potential. The property’s compact overall size (approx. 628 sq ft total) and six-bedroom split suit an investor seeking multiple income streams from a single freehold asset.
Material considerations are clear: the lower‑ground flat needs refurbishment, EPCs are mixed (C/D), and the building sits in a very deprived local area with constrained renters and hampered aspiration classifications. Prospective buyers should budget for modernisation works, check gas, electrics and fire‑safety/common‑area compliance, and allow for possible management overheads while tenants remain in situ.
For the right investor this is a value opportunity: renovate selectively to increase rents and uplift capital value, or hold for stable income. Transparency about works required and local market dynamics will be essential when underwriting returns.
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