Ceylon Place, Eastbourne
- PROPERTY TYPE
Terraced
- BEDROOMS
4
- BATHROOMS
3
- 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
Key features
- Well Presented
- 12.299% Net Leveraged Yield
- 1 x 2 Bedroom Garden Flat
- 2 x 1 Bedroom Flats
- ERV £34,500
Description
Nestled in the heart of Eastbourne, Milestone Group proudly presents an exceptional freehold block comprising three immaculate flats, boasting a prime location and promising exceptional returns.
Situated at 53 Ceylon Place, this well-maintained building offers a blend of comfort and convenience, appealing to both investors and tenants alike.
Flat 1: A spacious 2-bedroom apartment commanding £1,000.00 per month.
Flat 2: Two elegant 1-bedroom flats, each fetching £750.00 per month.
Flat 3: With an upcoming increase in April, this 1-bedroom gem currently earns £800.00 per month.
Combined, these flats generate a remarkable monthly income of £2,550.00 or £30,600 per annum. This translates to a leveraged net yield of 12.299%, showcasing the lucrative investment potential of this property.
The building's impeccable upkeep and the flats' well-presented interiors ensure a desirable living environment for tenants, enhancing rental appeal and long-term value.
Don't miss this opportunity to acquire a centrally located freehold block with substantial income potential. Contact us today to arrange a viewing and secure your investment in this prime Eastbourne property.
Disclaimer:
The financial feasibility outlined in these property particulars is based on certain assumptions, including a 25% deposit and a mortgage interest rate of 5.5%. It is important to note that these assumptions may vary depending on individual circumstances and market conditions.
Prospective buyers are advised to conduct their own due diligence and seek independent financial advice before making any investment decisions. The figures provided herein are for illustrative purposes only and should not be relied upon as guarantees of future performance.
Milestone Group does not accept any liability for inaccuracies or discrepancies arising from reliance on the information provided in these property particulars. All interested parties are encouraged to verify the accuracy of the information and seek professional advice where necessary.
Tenure: Freehold
Brochures
BrochureEnergy performance certificate - ask agent
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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Ceylon Place, Eastbourne
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Eastbourne Station0.6 miles
- Hampden Park Station1.7 miles
- Pevensey & Westham Station3.4 miles
About the agent
Milestone Group, Eastbourne
39-41 Seaside, Eastbourne, BN22 7NB
Welcome to Milestone Group - Your Gateway to Specialist Investment and Engineering Services
At Milestone Group, we pride ourselves on being industry leaders in providing specialist investment and engineering services. With a team of national specialists and a network of high-end national and international buyers, we are your trusted partner in achieving exceptional results for your investment and engineering needs.
Milestone Group work with over 10,
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference RS0737. 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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