Pevensey Road, Eastbourne - Block of Flats

Block of Apartments

 Available From:

October 31, 2024

Available

Let Agreed

Under Offer

Sold

Reduced

New Instruction

Investment Opportunity

HMO Investment

Coming Soon

ASKING PRICE

£400,000

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Property Description

*** OIEO £400,000 ***

Ginger & Sanders are delighted to offer to the market this freehold block comprising a four-bedroom maisonette, a one-bedroom ground-floor flat and a one-bedroom garden flat. Located in Eastbourne town centre, this property is a brilliant investment opportunity.

Two of the flats are currently rented, achieving £30,000 per annum. All flats rented in their existing layout would achieve in excess of £40,800 per annum.

This property presents a number of options for investors, including conversion to a large HMO, individual flats or to be kept in its current form.

The maisonette comprises four bedrooms, one shower room, separate w/c and kitchen, with a spacious living room.

The ground floor one-bedroom flat comprises an open plan kitchen/living room, bathroom, separate w/c and rear-aspect double bedroom.

The garden flat comprises a front-aspect living room, double bedroom, w/c and shower room, and rear-aspect kitchen leading to a generous garden with patios at the rear of the building.

NB: Ground floor one-bedroom flat included in Maisonette title deed.

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