# 2 bedroom terraced house for rent (TN37 7LY)

## Property Details

| Key | Value |
|-----|-------|
| Address | 23 MULBERRY WALK, ST LEONARDS-ON-SEA, EAST SUSSEX TN37 7LY |
| Price | £825 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1996-2002 |
| Floor area | 74 m² |
| Last sold | £208,500 Jun 2018 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** A
- **Expiry date:** 26/09/2027
- **Current heating cost:** £330/year
- **Est. upgrade cost to C:** £11,755

### Recommendations
- A (£100 - £350)
- E (£30)
- N (£4,000 - £6,000)
- U (£5,000 - £8,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0956-2843-7010-9223-2235)

## Description

**** **** NEWLY REDECORATED & OFF ROAD PARKING... Call Emma or Michael at PCM Lettings to view this newly redecorated two bedroom mid terraced house. The property is located in the popular Little Ridge, walking distance to the hospital, local amenities and bus routes to Hastings Town Centre. 

The property is well presented throughout and comprises entrance hallway, kitchen with space for washing machine and fridge/freezer, living room and conservatory. On the first floor there are two good sized bedrooms and bathroom. 

Externally the property offers a rear garden and off road parking. 

Further benefits to the property are gas central heating and double glazing.    

**ENTRANCE** **HALL** ****  

**KITCHEN** ****  

**LIVING** **ROOM** ****  

**CONSERVATORY** ****  

**BEDROOM** **ONE** ****  

**BEDROOM** **TWO** ****  

**BATHROOM** ****  

## Property Photos

- ![Photo](/listings/photos/62785770/434741)
- ![Photo](/listings/photos/62785770/434742)
- ![Photo](/listings/photos/62785770/434745)
- ![Photo](/listings/photos/62785770/434749)
- ![Photo](/listings/photos/62785770/434750)
- ![Photo](/listings/photos/62785770/434753)
- ![Photo](/listings/photos/62785770/434756)
- ![Photo](/listings/photos/62785770/434761)

## 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 | 0.24 miles | OpenRent |
| 2 Bed Flat, Seddlescombe Road North, TN37 | £1,195/mo | 2 | 0.77 miles | OpenRent |
| 2 Bed Terraced House, Hollington Old Lane, TN38 | £1,150/mo | 2 | 0.78 miles | OpenRent |

**Average rent: £1,215/mo (3 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,195/mo).*

- **Gross yield:** 1738.2%
- **Monthly cashflow:** £1,047/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5252.7%

*Gross yield = annual rent as % of price (no costs). 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:** £11/m²

## 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)