9 bedroom semi-detached house for sale

Grosvenor Crescent, St. Leonards-On-Sea, East Sussex, TN38

Guide Price £530,000

Property Description

Key features

  • 9 Bedroom Victorian Property
  • Investment Opportunity
  • Feature Staircase
  • Original Period Features
  • Sea Views
  • Sought after location
  • Chain Free

Full description

Tenure: Freehold

Romans Prestige Property Sales are delighted to present this stunning 9-bedroom Semi Detached Victorian property as a fantastic investment opportunity for a business proprietor of developer. Maintaining many of its period features providing all the grandeur of yesteryear "Sherwood Guest House" is situated in a picturesque corner of West St Leonards overlooking the immaculately maintained greens of The West Marina "Bo Peep" gardens, with sweeping views across the English Channel.

Whilst the location is aesthetically pleasing it is also practical with bus and rail links within the immediate vicinity as well as local amenities, restaurants and The Bo Peep Public House which is well known as one of the best in the area. Burton St Leonards which is enjoying somewhat of a renaissance and the picturesque St leonards gardens are a short and tranquil stroll along the promenade.

The property in itself dates back to the 1890's and has been used in its current capacity as a guest house for some 30 years. This expansive Victorian Semi comprises in part 9 bedrooms (5 of which are equipped with en suite bathrooms) spread over 3 floors and serviced by a feature period staircase. The charming terraced rear garden and cellar are also noteworthy features and with an active licenced bar and large dining area there is ample space to unwind.

Romans believe that this property represents a prudent investment in many forms, firstly in its current guise as a long-established and well-run guesthouse with an excellent 5* food hygiene rating. The business is currently turning over circa 70,000pa. Should you wish to make your own mark as hotelier there is massive scope for improvement, addressing the room pricing structure and perhaps even the overall style and presentation of the property with its proximity to Burtons St Leonards lending itself to a more boutique style. In recent years the property has been rewired and a new roof was installed whilst the interior and exterior has been lovingly maintained by the current owners meaning you will find it in excellent decorative order.

Conversely and subject to the relevant planning consents this property provides a fantastic opportunity for an experienced developer having the capacity to support 3 x 3-bedroom flats. In this location Romans would expect each individual property to fetch a sale price upwards of 260,000 per unit or a rental value of approx. 950+pcm dependent on the quality of refurbishments, representing an impressive return on investment and yield respectively.

Furthermore, a property of this size, in this location and in this order, is seldom (if ever) available at this price. Have you been searching for an expansive period home? Have you previously overlooked this property because it is currently used as a guest house? Romans specialise in investment's and would be happy to assist you with any applications should you wish to explore the possibility of converting to a single dwelling. With the necessary adaptments and improvements we would expect this beautiful Victorian property to fetch in excess of 750,000.

Contact Romans today to arrange a viewing and explore this impressive multi-faceted residence.

Approximate room dimensions available upon request.


Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
19 October 2017

Nearest stations

  • West St. Leonards (0.1 mi)
  • St Leonards Warrior Square (1.0 mi)
  • Hastings (1.6 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Romans Prestige Property Sales & Investments, Hastings

SU46 Priory Meadow, Hastings, TN34 1PH

01424 578101 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • West St. Leonards (0.1 mi)
  • St Leonards Warrior Square (1.0 mi)
  • Hastings (1.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Romans Prestige Property Sales & Investments, Hastings

SU46 Priory Meadow, Hastings, TN34 1PH

01424 578101 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference SherwoodGuesthouse. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Romans Prestige Property Sales & Investments, Hastings. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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