Ninfield Road, Bexhill-on-Sea
- PROPERTY TYPE
End of Terrace
- BEDROOMS
6
- BATHROOMS
6
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Description
Introducing a Prime Investment Opportunity in Bexhill-on-Sea
Discover the potential to soar with this exceptional freehold block of flats on Ninfield Road, Bexhill-on-Sea. Boasting a coveted TN39 5AB postcode, this property comprises two expansive 2-bedroom flats and two inviting 1-bedroom flats, all currently leased under Assured Shorthold Tenancies (ASTs), generating a remarkable annual income of £32,700.
Property Overview:
Address: Ninfield Road, Bexhill-on-Sea, East Sussex, TN39 5AB
Property Type: Freehold Block of Flats
Unit Configuration: 2 x 2 Bedroom Flats, 2 x 1 Bedroom Flats
F1 £875.00
F2 £700.00
F3 £850.00
F4 675.00
Total £3,100 and £37,100
All units under ASTs, ensuring immediate income potential.
2-bedroom flats valued at £180,000, 1-bedroom flats at £140,000 (SOF).
Potential to maximize rental income to £38,400 per annum based on market analysis.
Projected Cash ROI of 7%.
Leveraged Return with a 25% deposit and a 6% buy-to-let product, yielding a 10% return on investment.
This investment opportunity goes beyond ownership; it's a strategic move towards lucrative returns in Bexhill-on-Sea's thriving property market. Don't miss the chance to elevate your investment portfolio with this promising freehold block of flats. Contact us for detailed financials and a personalized tour to envision the full potential of this lucrative venture.
The commercial units have been sold off and are not included in the sale.
Tenure: Freehold
Brochures
Brochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
- Private garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Ninfield Road, Bexhill-on-Sea
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Visit our security centre to find out moreDisclaimer - Property reference RS0593. 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 Milestone Group, Eastbourne. 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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