Summary - Havelock Road, Hastings, TN34 TN34 1BE
1 bed 1 bath Flat
Income-producing studio with tenant in place — strong uplift potential but high flood and crime risk.
Long-term tenant in situ with consistent rental payments
Current gross income £7,656; market rent potential c. £12,000
Leasehold tenure — check remaining term and service charges
High flood risk — may affect insurance and mortgage availability
Located in a very deprived area with very high crime levels
Well maintained studio layout; compact scope for refurbishment
Excellent mobile signal and fast broadband — attractive to renters
Easy access to shops, transport links and local amenities
A compact studio flat in central Hastings presented as a buy-to-let with a long-term tenant in situ. The property is well maintained and currently produces a gross annual income of £7,656; a new owner could re-let at a market rate nearer £12,000, improving yield. Fast broadband and excellent mobile signal support rental appeal to commuters and students.
Important risk factors are plainly stated: the property is leasehold, in a very deprived area with very high recorded crime, and the site has a high flooding risk. These issues will affect insurance costs, financing options, and the pool of prospective tenants; they are material for any investor or developer to factor into purchase price and ongoing running costs.
The flat suits a hands-off investor who values an income-producing asset with immediate cashflow. The current tenant has a long tenancy and consistent payment history, offering continuity but limiting immediate vacant-possession changes. The building’s modern, office-style exterior and central location give good access to shops, transport and local amenities, supporting rental demand from students, migrant commuters and short-stay city workers.
For buyers considering refurbishment or rent uplift, the property provides straightforward scope within a compact footprint; any improvement plans should be weighed against flood mitigation requirements and higher local insurance premiums. The sale also carries a buyers’ premium to be confirmed, which should be included in total acquisition costs.
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