# 2 bedroom semi-detached house for sale (TN37 7LY) ## Property Details | Key | Value | |-----|-------| | Address | 16 MULBERRY WALK, ST LEONARDS-ON-SEA, EAST SUSSEX TN37 7LY | | Price | £260,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | B | | Last sold | £260,000 Jul 2024 | ## Description Rush Witt & Wilson are pleased to offer to the market this TWO DOUBLE BEDROOM, MID TERRACE FAMILY HOME with off road parking for two vehicles to the front with a WELL-PROPORTIONED and mostly decked REAR GARDEN backing onto woodland. Located in the sought-after Little Ridge region of Hastings, close to local schooling establishments as well as bus routes providing access to Hastings town centre. Inside the property affords well-appointed and well-proportioned accommodation over two floors comprising entrance hall, LOUNGE/DINING ROOM, KITCHEN, TWO DOUBLE BEDROOMS and a MODERN FAMILY BATHROOM. This is a prefect example of a family home and we look forward to showing you around. **Hallway** - 2.97m x 1.78m (9'9 x 5'10) - **Kitchen** - 2.95m x 1.68m (9'8 x 5'6) - **Living Room** - 4.34m x 3.61m (14'3 x 11'10) - **First Floor** - **Landing** - 1.47m x 0.94m (4'10 x 3'1) - **Bedroom** - 2.72m x 3.61m (8'11 x 11'10) - **Bedroom** - 2.57m xx 3.58m (8'5 xx 11'9) - **Bathroom** - 1.96m x 1.70m (6'5 x 5'7) - ## Property Photos - ![Photo](/listings/photos/146038253/434555) - ![Photo](/listings/photos/146038253/434556) - ![Photo](/listings/photos/146038253/434558) - ![Photo](/listings/photos/146038253/434560) - ![Photo](/listings/photos/146038253/434562) - ![Photo](/listings/photos/146038253/434564) - ![Photo](/listings/photos/146038253/434566) - ![Photo](/listings/photos/146038253/434569) - ![Photo](/listings/photos/146038253/434571) - ![Photo](/listings/photos/146038253/434573) - ![Photo](/listings/photos/146038253/434575) - ![Photo](/listings/photos/146038253/434578) - ![Photo](/listings/photos/146038253/434580) - ![Photo](/listings/photos/146038253/434582) - ![Photo](/listings/photos/146038253/434584) - ![CAM03417G0-PR0098-STILL021.jpg](/listings/photos/146038253/434589) - CAM03417G0-PR0098-STILL021.jpg ## Floorplans - ![Floorplan 1](/listings/photos/146038253/434596) - Floorplan 1 - ![Floorplan 2](/listings/photos/146038253/434603) - Floorplan 2 - ![Floorplan 3](/listings/photos/146038253/434606) - Floorplan 3 ## EPC Graphs - ![EE Rating](/listings/photos/146038253/434610) - EE Rating ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 16 MULBERRY WALK, ST LEONARDS-ON-SEA, HASTINGS, EAST SUSSEX, TN37 7LY | £260,000 | 29/07/2024 | Terraced | | 16 MULBERRY WALK, ST LEONARDS-ON-SEA, HASTINGS, EAST SUSSEX, TN37 7LY | £148,500 | 01/11/2013 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 7 SMITHYS CLOSE, ST LEONARDS-ON-SEA, HASTINGS, EAST SUSSEX, TN37 7SU | £350,000 | 19/12/2025 | Semi-detached | | [Same street] 4 MULBERRY WALK, ST LEONARDS-ON-SEA, HASTINGS, EAST SUSSEX, TN37 7LY | £345,000 | 03/10/2024 | Detached | | 167 OLD ROAR ROAD, ST LEONARDS-ON-SEA, HASTINGS, EAST SUSSEX, TN37 7HH | £390,000 | 08/08/2023 | Semi-detached | | [Same street] 33 MULBERRY WALK, ST LEONARDS-ON-SEA, HASTINGS, EAST SUSSEX, TN37 7LY | £290,500 | 09/06/2023 | Terraced | | 51 GRANGE AVENUE, HASTINGS, EAST SUSSEX, TN34 2QQ | £370,000 | 05/04/2023 | Semi-detached | | 32 THE MEADOWS, ST LEONARDS-ON-SEA, HASTINGS, EAST SUSSEX, TN37 7SN | £335,000 | 12/12/2022 | Semi-detached | | [Same street] 29 MULBERRY WALK, ST LEONARDS-ON-SEA, HASTINGS, EAST SUSSEX, TN37 7LY | £276,000 | 05/12/2022 | Terraced | | [Same street] 1 MULBERRY WALK, ST LEONARDS-ON-SEA, HASTINGS, EAST SUSSEX, TN37 7LY | £390,000 | 02/12/2022 | Detached | | 1 GLYNDEBOURNE GARDENS, ST LEONARDS-ON-SEA, HASTINGS, EAST SUSSEX, TN37 7SD | £365,000 | 09/11/2022 | Semi-detached | | 10 CEDAR CLOSE, ST LEONARDS-ON-SEA, HASTINGS, EAST SUSSEX, TN37 7HR | £320,000 | 06/06/2022 | Semi-detached | | [Same street] 30 MULBERRY WALK, ST LEONARDS-ON-SEA, HASTINGS, EAST SUSSEX, TN37 7LY | £220,000 | 23/05/2022 | Terraced | | 22 HAZELWOOD GARDENS, ST LEONARDS-ON-SEA, HASTINGS, EAST SUSSEX, TN37 7HL | £375,000 | 08/04/2022 | Semi-detached | | 15 CHALVINGTON DRIVE, ST LEONARDS-ON-SEA, HASTINGS, EAST SUSSEX, TN37 7SA | £330,000 | 01/04/2022 | Semi-detached | | 19 HAZELWOOD GARDENS, ST LEONARDS-ON-SEA, HASTINGS, EAST SUSSEX, TN37 7HL | £350,000 | 20/10/2021 | Semi-detached | | [Same street] 36 MULBERRY WALK, ST LEONARDS-ON-SEA, HASTINGS, EAST SUSSEX, TN37 7LY | £271,000 | 27/09/2021 | Semi-detached | | 72 GHYLLSIDE AVENUE, HASTINGS, EAST SUSSEX, TN34 2QH | £325,000 | 20/09/2021 | Semi-detached | | [Same street] 32 MULBERRY WALK, ST LEONARDS-ON-SEA, HASTINGS, EAST SUSSEX, TN37 7LY | £225,000 | 30/06/2021 | Terraced | **Street average:** £288,214 (7 sales) **Area average:** £351,000 (10 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £345,133 (15 Semi-detached, TN37, 2024–2026) - **Deviation:** -24.7% ## Rental Range *ONS Price Index of Private Rents (Hastings). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £906/mo - **Realistic:** £1,007/mo - **Optimistic:** £1,108/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Sussex East (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £748/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 Bungalow, Rowan Close, TN37 | £1,300/mo | 2 | 0.25 miles | OpenRent | | 2 Bed Flat, Seddlescombe Road North, TN37 | £1,195/mo | 2 | 0.75 miles | OpenRent | | 2 Bed Terraced House, Hollington Old Lane, TN38 | £1,150/mo | 2 | 0.77 miles | OpenRent | **Average rent: £1,215/mo (3 listings)** ## 1% Rule - **Rent ratio:** 0.46% (weak for cashflow) - **Max investor price (0.8%):** £149,375 - **Target investor price (1%):** £119,500 *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 £1,195/mo).* - **Gross yield:** 5.5% - **Cost-to-rent:** 18.1× - **Monthly cashflow:** £27/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 0.4% *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).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 20.9% - **10y growth:** 56.1% ## House Price Index (HM Land Registry) *Official index for Hastings; Semi-detached series; as of March 2026.* - **1y growth (index):** -2.9% - **5y growth (index):** 7.6% - **10y growth (index):** 39.1% ## 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)