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Station Road, Polegate, East Sussex, BN26

PROPERTY TYPE

Block of Apartments

BEDROOMS

4

SIZE

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TENURE
Describes 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

  • A RARE OPPORTUNITY TO PURCHASE A FREEHOLD PROPERTY WITH 3 X SELF CONTAINED FLATS
  • THE PROPERTY IS BEING SOLD WITH NO ONWARD CHAIN
  • ALL OF THE FLATS HAVE CURRENT EICR CERTIFICATES
  • GREAT LOCATION WITH EASY ACCESS TO POLEGATE HIGH STREET AND TRAIN STATION
  • 2 X OFF ROAD PARKING SPACES
  • PROJECTED YEARLY GROSS INCOME £31,200

Description

**Investment Opportunity - Freehold Building with Three Self-Contained Flats, Station Road, Polegate BN26**

Located in the heart of Polegate, just moments from the bustling high street and mainline railway station, this substantial freehold property presents an exceptional investment opportunity. Comprising three fully let, self-contained flats - two offering generous one-bedroom accommodation and a further two-bedroom flat arranged over the first floor - this well-maintained building currently generates a strong annual gross income of £28,800.

The property benefits from both private and off-street parking, a rare find in such a central location, ensuring ongoing appeal to tenants and enhancing its overall value. The entire building is presented in good order, with an individual entrance for the ground floor front and communal entrance for first floor flats, while the ground floor rear apartment is accessed via a communal entrance.

**Accommodation in Detail:**

- **Ground Floor Front:** This inviting one-bedroom flat boasts a private entrance, dual-aspect lounge, a sleek galley-style kitchen, spacious double bedroom, shower room, storage cupboard, and modern night storage heating. EPC rating D.

- **Ground Floor Rear:** Accessed via the communal hall, this apartment features a generous lounge/diner, contemporary kitchen, sizeable double bedroom, modern shower room, and efficient gas central heating. EPC rating C.

- **First Floor Flat:** With ground floor entrance and internal stair, this expansive two-bedroom apartment has a sizeable lounge/diner with an attractive bay window, a well-appointed kitchen/breakfast room, two double bedrooms, contemporary shower room, and storage cupboard. This configuration is ideal for families or sharers seeking space and light.

**Location Highlights:**

Station Road positions this property at the centre of Polegate's amenities, just minutes' walk from the mainline station-providing direct services to London, Brighton, and Eastbourne. The vibrant high street offers a range of independent shops, cafés, supermarkets, and services, with friendly community pubs and highly rated eateries on your doorstep. Excellent road links include easy access to the A27 and A22, ideal for commuters.

Polegate is renowned for its close proximity to the scenic South Downs National Park, inviting outdoor enthusiasts to explore miles of countryside walks, cycle routes, and picturesque villages. Seaside destinations such as Eastbourne's award-winning beaches are a short drive away, ensuring year-round demand from tenants.

Rarely available, this freehold block offers a ready-made income stream with further potential for the future. Early viewing is strongly recommended-contact us today to arrange your appointment and secure this outstanding investment in a thriving location.
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.
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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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Station Road, Polegate, East Sussex, BN26

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About Property Rentals, Eastbourne

3 Calverley Walk, Eastbourne BN21 4UQ

Property Rentals & Sales is a family run business established in 1990. We specialise in Letting & Management and Sales of residential flats and houses. Whilst Eastbourne is 'home', other areas covered are Pevensey, Hailsham, Polegate, Bexhill, Lewes, Newhaven, Seaford & Saltdean.

Our team of competent Negotiators and Property Inspectors are backed by over 30 years of experience and knowledge in the property field.

Property Rentals & Sales are members of The Property Ombudsman, NRLA and the Tenancy Deposit Scheme

We offer a highly professional service to our vendors with residential properties for sale and buyers too, Tenants wanting to rent quality homes, Landlords looking for exceptional property management of their asset and expert advice for Investors in the private rental sector.

Affordability

Monthly repayments£1,731
Property: £ 379,500
Deposit: £ 37,950
Interest rate: 4.5%
Term: 30 years
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Disclaimer - Property reference stationroad2024. 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 Property Rentals, 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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