About the property
An excellent investment opportunity to acquire a block of 3 one bedroom flats, all currently let on AST agreements and producing an annual gross income of £23,400. With no onward chain to worry about, viewing is highly recommended.
LOCATION:
The property enjoys a town centre location, being less than half a mile from Eastbourne seafront with its famous Victorian Pier, Wish Tower Slope and carpet gardens and is therefore conveniently well placed for various nearby local shopping facilities and bus routes. The property is also within approximately half a mile from Eastbourne town centre where there are extensive shopping facilities including the Beacon Shopping Centre with new cinema, theatre district and the mainline railway station (London, Victoria approximately 80 minutes).
ACCOMMODATION:
UPVC double glazed communal main front entrance door leads to the communal hall. Private door to Flat 1. Stairs lead up to the 1st floor landing with private doors to flats 2 and 3.
FLAT 1 - GROUND FLOOR FLAT:
Comprising an entrance hall, lounge / dining room with bay window, kitchen with a door out to the private area of patio rear garden, one double bedroom with a wash hand basin and a shower room with WC. The flat is a good size with character features and a GCH system.
FLAT 2 - 1ST FLOOR FLAT:
Comprising an entrance hall, lounge / dining room, one double bedroom with bay window and an en suite shower room / WC, kitchen with door to the rear fire escape which serves as a balcony area and has steps down to an area of private patio rear garden. The flat has character features and also has a GCH system.
FLAT 3 - 2ND FLOOR (TOP FLOOR) FLAT:
Comprising an entrance hall with stairs leading up to a galleried landing, lounge / dining room with open plan kitchen, one double bedroom and a bathroom / WC. The flat has split level accommodation, character features and electric heating.
All 3 flats currently let @ £650 per month with good tenants, keen to stay.
Photos shown relate to Flat 2.
Please Note: Appliances, heating and hot water systems have not been tested.
All measurements are approximate.