New Park Avenue, Bexhill-on-Sea, TN40
NE

New Park Avenue, Bexhill-on-Sea, TN40

By New Foundations

£ 395,000

Reviews

3 out of 5 stars

New Foundations says ..

CHAIN FREE. A spacious four bedroom, two reception detached house ideally located a short distance from Bexhill Town Centre, mainline railway station & seafront. Although in need of improvement the accommodation is set over two floors and comprises; entrance hall, bay fronted lounge, dinin...

Property Oracle says ..

This four-bedroom, two-bathroom detached house located on New Park Avenue in Bexhill-on-Sea presents a compelling but conditional investment opportunity. The property’s position is convenient, with proximity to Bexhill’s town centre, railway station, and seafront, increasing its appeal and potential rental value. The presence of well-rated primary schools nearby further strengthens this. However, the photographs reveal a property that needs considerable modernisation. Outdated décor, worn flooring, and dated kitchen and bathroom fittings are evident, indicating substantial refurbishment costs. While the property appears structurally sound, a full survey is strongly recommended to identify any hidden issues. The garden, featuring a greenhouse and a reasonably sized lawn, adds to the property’s desirability. Nevertheless, it requires some work and maintenance. The list price of £395,000 seems to reflect the current market value in the area considering comparable properties, but the buyer must factor in the renovation costs before making an offer. A thorough professional valuation is advised to accurately gauge the potential return on investment once the refurbishment is complete. Overall, the property’s location is a definite asset, but prospective buyers should have a realistic budget which includes significant modernisation costs.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
6
Bedrooms
4
Bathrooms
2
Sqft (est)
1,300.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
245,925.00 £
Decreased by 2.48 %
from 252,186.00 £
Est sale value
377,000.00 £
Increased by 5.84 %
from 356,200.00 £
Average area rental value
1,190.00 £/mo
Increased by 9.78 %
from 1,084.00 £/mo
Est letting value
1,300.00 £/mo
Unchanged by 0.00 %
from 1,300.00 £/mo
Est rental Yield
5.81 %
Increased by 12.60 %
from 5.16 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • New Foundations marked this listing as sold.

  • New Foundations created the listing.

Nearby Schools

NameTypeOfstedDistance
St Peter And St Paul Cofe Primary SchoolVoluntary Aided SchoolOutstanding0.26 KM
Chantry Community Primary SchoolCommunity SchoolGood0.43 KM
The WorkplaceFree Schools Alternative Provision0.71 KM
King Offa Primary AcademyAcademy Sponsor LedGood0.87 KM
St Mary'S School And 6Th Form CollegeNon-maintained Special SchoolSerious Weaknesses1.53 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Stirling Mews £ 000.00 KM
Garden Close £ 000.00 KM
Boswell Mews £ 325,00000.00 KM
Sea Road £ 000.00 KM
Central Parade £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bexhill5211BEX0.49 KM
Collington5457CLL1.78 KM
Cooden Beach5458COB5.27 KM
Crowhurst5233CWU5.88 KM
West St Leonards5242WLD7.44 KM

Nearby Listings

AddressPriceTypeScoreDistance
Larkhill, Bexhill-On-Sea £ 369,000BUYUnknown0.09 KM
Buckhurst Road, Bexhill-on-Sea, TN40 £ 219,950BUY6 / 100.12 KM
Buckhurst Road, Bexhill On Sea £ 240,000BUY6 / 100.13 KM
Mitten Road, Bexhill-on-Sea, TN40 £ 265,000BUY7 / 100.14 KM
Buckhurst Road, Bexhill on Sea £ 190,000BUY8 / 100.14 KM

Nearby Properties

AddressPriceDistance
12 New Park Avenue £ 337,0000.06 KM
1 New Park Avenue £ 499,5000.06 KM
18 New Park Avenue £ 325,0000.06 KM
5 New Park Avenue £ 341,0000.06 KM
6 New Park Avenue £ 340,0000.06 KM