Seaside Road, Eastbourne
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- BATHROOMS
2
- SIZE
3,229 sq ft
300 sq m
- 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
- Central Location
- CHAIN FREE
- Mixed Use Investment
- Low Capital Value £123 Per Sq.Ft
Description
The property comprises:
Commercial Unit
Spread across the ground floor and basement level
Currently rented at £12,000 per annum, increasing to £14,000 within 12 months
Well-suited for a variety of business uses, benefiting from excellent foot traffic and street visibility
Residential Accommodation
Beautifully refurbished and finished to an exceptional standard, spanning three upper floors
Comprising 3 spacious double bedrooms, 2 reception rooms, and generous living spaces
Features a separate dining room perfect for entertaining and family gatherings
Includes a spacious roof terrace, providing an ideal outdoor retreat
Investment Highlights
Estimated residential rental value of £17,400 per annum, offering strong income potential
Combined income potential of £31,400 per annum, creating a robust and appealing investment opportunity
Situated in a desirable location with excellent amenities and transport links, this property offers an ideal blend of immediate rental income and long-term capital growth. Don't miss this rare opportunity to acquire a well-rounded investment property.
Purchasing property at £123 per square foot in Eastbourne's BN21 area appears to be a favorable. This equates to approximately £1,324 per square meter. Given that the median price per square meter in BN21 is £3,260, with the middle 50% of properties selling between £2,720 and £3,900 per square meter, the quoted price is significantly below these figures. This suggests a low capital value compared to the area's average, indicating a potentially advantageous investment opportunity.
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.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Terrace
- 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
Seaside Road, Eastbourne
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Visit our security centre to find out moreDisclaimer - Property reference RS0875. 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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