Trinity Trees, Eastbourne
- PROPERTY TYPE
Detached
- BEDROOMS
17
- BATHROOMS
13
- 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
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
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.
- Off street
- 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
Trinity Trees, Eastbourne
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Visit our security centre to find out moreDisclaimer - Property reference RS0723. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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