COMMERCIAL
BN21 , Eastbourne
£2,400,000
- PROPERTY TYPE
Land
- SIZE
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Description
** Development or Investment Opportunity ** Introducing Trinity Trees, Eastbourne - an exceptional investment and development opportunity nestled in the heart of Eastbourne Town Centre. This prime property offers a myriad of possibilities, whether you're looking to generate substantial rental income or explore its potential for further development (subject to planning permission).
Building 1:
Comprising of 7 studio flats and 3 one-bedroom flats, this building currently generates an income of £80,400 per annum. However, upon closer examination of comparable data, it's estimated that the studio flats could command a rental income of £675+ per month each, while the one-bedroom flats could potentially rent for £1,000 per month. This adjustment could significantly increase the annual income to approximately £92,700.
Building 2:
This building features a two-bedroom garden flat, which could command a rental income of £1,300 per month. Additionally, the upper floors consist of 6 lettable rooms, each potentially fetching £695 per calendar month. This configuration yields a total annual income of £65,640.
Combined Total Income:
With both buildings taken into account, the combined total income could reach approximately £158,340 per annum, making it a highly lucrative investment opportunity.
Development Potential:
Alternatively, Trinity Trees presents an enticing prospect for development. Given that many buildings in the immediate area were developed in the 1950s onwards, Trinity Trees could lend itself to further development, subject to obtaining the necessary planning permissions.
Whether you're seeking a strong income-generating asset or exploring the potential for future development, Trinity Trees offers endless possibilities in one of Eastbourne's most coveted locations. Don't miss out on this exceptional opportunity to make your mark in the heart of Eastbourne. Contact us today to learn more and arrange a viewing.
In addition to the previously mentioned features and potential, Trinity Trees holds promise for even more specialized purposes. Its versatile layout and strategic location make it an ideal candidate for care facilities, refuge centers, or other supportive accommodations.
With its multiple units and spacious rooms, Trinity Trees can be adapted to accommodate specific needs, providing a safe and supportive environment for those requiring specialized care or assistance. Whether it's for elderly care, refuge for vulnerable individuals, or other supportive accommodations, the property's layout and amenities offer flexibility to cater to various requirements.
Furthermore, its central location in Eastbourne Town Centre enhances accessibility for both residents and staff, ensuring convenience and ease of access to essential services and amenities.
For investors or organizations looking to make a positive impact in the community while generating income, Trinity Trees presents a unique opportunity to establish a purpose-driven facility that meets the needs of vulnerable populations.
To explore the potential for specialized purposes and learn more about how Trinity Trees can be tailored to specific requirements, contact us today for further discussion and insights. Together, we can unlock the full potential of this exceptional property.
Tenure: Freehold
Building 1:
Comprising of 7 studio flats and 3 one-bedroom flats, this building currently generates an income of £80,400 per annum. However, upon closer examination of comparable data, it's estimated that the studio flats could command a rental income of £675+ per month each, while the one-bedroom flats could potentially rent for £1,000 per month. This adjustment could significantly increase the annual income to approximately £92,700.
Building 2:
This building features a two-bedroom garden flat, which could command a rental income of £1,300 per month. Additionally, the upper floors consist of 6 lettable rooms, each potentially fetching £695 per calendar month. This configuration yields a total annual income of £65,640.
Combined Total Income:
With both buildings taken into account, the combined total income could reach approximately £158,340 per annum, making it a highly lucrative investment opportunity.
Development Potential:
Alternatively, Trinity Trees presents an enticing prospect for development. Given that many buildings in the immediate area were developed in the 1950s onwards, Trinity Trees could lend itself to further development, subject to obtaining the necessary planning permissions.
Whether you're seeking a strong income-generating asset or exploring the potential for future development, Trinity Trees offers endless possibilities in one of Eastbourne's most coveted locations. Don't miss out on this exceptional opportunity to make your mark in the heart of Eastbourne. Contact us today to learn more and arrange a viewing.
In addition to the previously mentioned features and potential, Trinity Trees holds promise for even more specialized purposes. Its versatile layout and strategic location make it an ideal candidate for care facilities, refuge centers, or other supportive accommodations.
With its multiple units and spacious rooms, Trinity Trees can be adapted to accommodate specific needs, providing a safe and supportive environment for those requiring specialized care or assistance. Whether it's for elderly care, refuge for vulnerable individuals, or other supportive accommodations, the property's layout and amenities offer flexibility to cater to various requirements.
Furthermore, its central location in Eastbourne Town Centre enhances accessibility for both residents and staff, ensuring convenience and ease of access to essential services and amenities.
For investors or organizations looking to make a positive impact in the community while generating income, Trinity Trees presents a unique opportunity to establish a purpose-driven facility that meets the needs of vulnerable populations.
To explore the potential for specialized purposes and learn more about how Trinity Trees can be tailored to specific requirements, contact us today for further discussion and insights. Together, we can unlock the full potential of this exceptional property.
Tenure: Freehold
Brochures
BrochureBN21 , Eastbourne
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Eastbourne Station0.3 miles
- Hampden Park Station1.8 miles
- Pevensey & Westham Station3.7 miles
Notes
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