# 2 bedroom maisonette for sale (TN34 2EG) ## Property Details | Key | Value | |-----|-------| | Address | 55 ELPHINSTONE ROAD, HASTINGS, EAST SUSSEX TN34 2EG | | Price | £130,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | A | | Construction age | England and Wales: 1900-1929 | | Floor area | 100 m² | | Last sold | £145,000 Jul 2025 | ## EPC Rating & Upgrade Cost - **Current rating:** C - **Potential rating:** C - **Expiry date:** 18/04/2034 - **Current heating cost:** £1,184/year - **Est. upgrade cost to C:** £9,000 ### Recommendations - Q (£4,000 - £14,000) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0118-2214-7002-0594-6902) ## Description Welcome to this TWO BEDROOM period maisonette located on Elphinstone Road in Hastings. This property comes with a SHARE OF FREEHOLD and offers a fantastic opportunity for those looking to create their dream home, as it requires modernisation throughout, making it an ideal project for renovation enthusiasts. Upon entering, you are greeted by a large sitting room with a rear aspect, with the kitchen located to the front aspect. In between is the spiralling staircase leading to the upper floor. With one bathroom and two well-proportioned bedrooms, this maisonette provides ample space for comfortable living. The added benefit to this property is the parking space to the front which is a rare addition in properties like this. * **This property is for sale by Modern Method of Auction and viewers/bidders’ personal data will be shared with IAM-Sold Ltd (the Auctioneer). Buyer & Seller are to complete the transaction within a 56 Day Reservation Period. If buying with a mortgage, check the properties suitability with your lender before bidding. The buyer will sign a Reservation Agreement and make payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,000 inc VAT. The Reservation Fee is paid in addition to the purchase price and is considered within the calculation for stamp duty. Buyers are to provide the Auctioneer with proof of funding and complete ID checks. Buyer also pays £300 inc VAT for a Buyer Information Pack which viewers should review fully before bidding. Where services are recommended, the Agent or Auctioneer will be paid for the recommendation. Recommended services are optional.*** **Hallway** - 2.21m x 3.15m (7'3 x 10'4) - **Living Room** - 3.99m x 5.16m (13'1 x 16'11) - **Kitchen** - 3.66m x 3.15m (12' x 10'4) - **First Floor** - **Landing** - 1.75m x 1.96m (5'9 x 6'5) - **Bedroom** - 4.17m x 2.90m (13'8 x 9'6) - **Bedroom** - 3.99m x 2.82m (13'1 x 9'3) - **Bathroom** - 3.99m x 2.13m (13'1 x 7') - **Auction Notes:** - ***This property is for sale by Modern Method of Auction and viewers/bidders’ personal data will be shared with IAM-Sold Ltd (the Auctioneer). Buyer & Seller are to complete the transaction within a 56 Day Reservation Period. If buying with a mortgage, check the properties suitability with your lender before bidding. The buyer will sign a Reservation Agreement and make payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,000 inc VAT. The Reservation Fee is paid in addition to the purchase price and is considered within the calculation for stamp duty. Buyers are to provide the Auctioneer with proof of funding and complete ID checks. Buyer also pays £300 inc VAT for a Buyer Information Pack which viewers should review fully before bidding. Where services are recommended, the Agent or Auctioneer will be paid for the recommendation. Recommended services are optional.*** ## Property Photos - ![Photo](/listings/photos/161380916/1329877) - ![Photo](/listings/photos/161380916/1329878) - ![Photo](/listings/photos/161380916/1329879) - ![Photo](/listings/photos/161380916/1329880) - ![Photo](/listings/photos/161380916/1329881) - ![Photo](/listings/photos/161380916/1329882) - ![Photo](/listings/photos/161380916/1329883) - ![CAM03417G0-PR0508-STILL003.jpg](/listings/photos/161380916/1329884) - CAM03417G0-PR0508-STILL003.jpg - ![Photo](/listings/photos/161380916/1329885) - ![Photo](/listings/photos/161380916/1329886) - ![Photo](/listings/photos/161380916/1329887) - ![Photo](/listings/photos/161380916/1329888) - ![Photo](/listings/photos/161380916/1329889) ## Floorplans - ![Floorplan 1](/listings/photos/161380916/1329890) - Floorplan 1 - ![Floorplan 2](/listings/photos/161380916/1329891) - Floorplan 2 - ![Floorplan 3](/listings/photos/161380916/1329892) - Floorplan 3 ## EPC Graphs - ![EE Rating](/listings/photos/161380916/1329893) - EE Rating ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 55 ELPHINSTONE ROAD, HASTINGS, EAST SUSSEX, TN34 2EG | £145,000 | 08/07/2025 | Flat | | 55 ELPHINSTONE ROAD, HASTINGS, EAST SUSSEX, TN34 2EG | £39,000 | 08/05/2000 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 17 FLAT B BALDSLOW ROAD, HASTINGS, EAST SUSSEX, TN34 2EZ | £205,000 | 30/03/2026 | Flat | | ROYAL COURT FLAT 4 ST HELENS ROAD, HASTINGS, EAST SUSSEX, TN34 2LP | £175,000 | 09/01/2026 | Flat | | 12 FLAT 1 ST HELENS PARK ROAD, HASTINGS, EAST SUSSEX, TN34 2ER | £145,000 | 19/12/2025 | Flat | | 29 FLAT 2 MOUNT PLEASANT ROAD, HASTINGS, EAST SUSSEX, TN34 3SJ | £92,000 | 05/03/2025 | Flat | | 37 GARDEN FLOOR FLAT BALDSLOW ROAD, HASTINGS, EAST SUSSEX, TN34 2EZ | £175,000 | 31/05/2024 | Flat | | 29 FLAT 1 ST HELENS ROAD, HASTINGS, EAST SUSSEX, TN34 2LQ | £190,000 | 12/12/2023 | Flat | | 17 FLAT 3 LATON ROAD, HASTINGS, EAST SUSSEX, TN34 2ES | £173,000 | 11/08/2023 | Flat | | 115 HUGHENDEN ROAD, HASTINGS, EAST SUSSEX, TN34 3TF | £190,000 | 20/07/2023 | Flat | | 9 GROUND FLOOR FLAT ELPHINSTONE ROAD, HASTINGS, EAST SUSSEX, TN34 2EE | £180,000 | 11/07/2023 | Flat | | 111 HUGHENDEN ROAD, HASTINGS, EAST SUSSEX, TN34 3TF | £190,000 | 29/06/2023 | Flat | | 113 HUGHENDEN ROAD, HASTINGS, EAST SUSSEX, TN34 3TF | £190,000 | 29/06/2023 | Flat | | 61 FLAT 1 ST HELENS ROAD, HASTINGS, EAST SUSSEX, TN34 2LN | £179,950 | 19/05/2023 | Flat | | WARWICK COURT, 22 FLAT 4 MOUNT PLEASANT ROAD, HASTINGS, EAST SUSSEX, TN34 3SH | £225,000 | 05/05/2023 | Flat | | 53D BALDSLOW ROAD, HASTINGS, EAST SUSSEX, TN34 2EY | £203,000 | 30/03/2023 | Flat | | HUGHENDEN COURT FLAT 8 MOUNT PLEASANT ROAD, HASTINGS, EAST SUSSEX, TN34 3ST | £77,000 | 14/03/2023 | Flat | | 37B HUGHENDEN ROAD, HASTINGS, EAST SUSSEX, TN34 3TG | £120,000 | 21/12/2022 | Flat | | 68C ST HELENS ROAD, HASTINGS, EAST SUSSEX, TN34 2LN | £310,000 | 20/12/2022 | Flat | | 46 - 47 FLAT 5 ST JAMES ROAD, HASTINGS, EAST SUSSEX, TN34 3LH | £242,500 | 19/12/2022 | Flat | | 12 FLAT 4 ST HELENS PARK ROAD, HASTINGS, EAST SUSSEX, TN34 2ER | £185,000 | 19/12/2022 | Flat | | 31 TOP FLOOR FLAT ELPHINSTONE AVENUE, HASTINGS, EAST SUSSEX, TN34 2DJ | £254,999 | 09/12/2022 | Flat | | [Same street] 45 FIRST FLOOR FLAT ELPHINSTONE ROAD, HASTINGS, EAST SUSSEX, TN34 2EG | £100,000 | 13/05/2022 | Flat | | [Same street] 45 GROUND FLOOR FLAT ELPHINSTONE ROAD, HASTINGS, EAST SUSSEX, TN34 2EG | £100,000 | 13/05/2022 | Flat | | [Same street] 45 SECOND FLOOR FLAT ELPHINSTONE ROAD, HASTINGS, EAST SUSSEX, TN34 2EG | £100,000 | 13/05/2022 | Flat | **Street average:** £100,000 (3 sales) **Area average:** £185,122 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £141,186 (45 Flat, TN34, 2024–2026) - **Deviation:** -7.9% ## Rental Range *ONS Price Index of Private Rents (Hastings). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £905/mo - **Realistic:** £1,006/mo - **Optimistic:** £1,107/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Southend (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £873/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Flat, Ashburnham Road, TN35 | £945/mo | 2 | 0.88 miles | OpenRent | **Average rent: £945/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.73% (weak for cashflow) - **Max investor price (0.8%):** £118,125 - **Target investor price (1%):** £94,500 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £945/mo).* - **Gross yield:** 8.7% - **Cost-to-rent:** 11.5× - **Monthly cashflow:** £314/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 10% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £1,300/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -31% - **10y growth:** 7.8% ## House Price Index (HM Land Registry) *Official index for Hastings; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** -6.5% - **5y growth (index):** -5.5% - **10y growth (index):** 20.3% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)