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Ceylon Place, Eastbourne, East Sussex, BN22

PROPERTY TYPE

House of Multiple Occupation

BEDROOMS

10

BATHROOMS

3

SIZE

2,174 sq ft

202 sq m

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.

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Key features

  • 10 Bedroom HMO investment
  • 14.2% Investment Yield potential
  • Licensed for 13 occupants
  • Close to Eastbourne town centre
  • Train station nearby with direct trains to Brighton and London

Description

Arranged over four storeys, the property provides 10 bedrooms, three shower rooms and two kitchens. When fully let, it is capable of producing a gross annual income of approximately £78,000, representing a gross yield of around 14.2% at the asking price of £550,000.

The property is well located close to Eastbourne seafront, just a few hundred yards away, and within easy reach of the town centre and The Beacon shopping centre. Eastbourne railway station is nearby, providing direct services to Brighton, Gatwick Airport and London Victoria.


Location
Eastbourne is a well-established seaside town on the South Coast, popular with both residents and visitors. The town offers a range of attractions including its Victorian pier, bandstand, beaches, Sovereign Harbour and access to the South Downs National Park.

It is also recognised as a conference and events destination, with the Devonshire Quarter hosting arts, culture, sporting and business events throughout the year, including the LTA tennis tournament, the Turner Prize, and major trade and political conferences.

Recent investment in the town includes the expansion of The Beacon shopping centre, with new retail and restaurant operators continuing to open.

With strong road and rail links to London, Brighton and Gatwick, Eastbourne continues to attract both tourism and business activity. The town hosts several major annual events including the Airbourne air show, Eastbourne Half Marathon and classic car rallies.


Accommodation

* Ground floor: Three bedrooms, kitchen, shower room, and access to a small rear yard.

* First floor: Two bedrooms, kitchen, and shower room.

* Second floor: Four bedrooms and shower room.

* Top floor: One bedroom with separate living area.

The property is presented in good condition throughout.
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.
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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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Energy performance certificate - ask agent

Ceylon Place, Eastbourne, East Sussex, BN22

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About GPS Commercial, Eastbourne

25 The Waterfront, Sovereign Harbour, Eastbourne, BN23 5UZ

Helping You Buy & Sell Businesses, Investment Property and Commercial Premises

We are a specialist agency focused on the sale and acquisition of trading businesses, investment properties, and commercial premises across South East England. Whether you're buying, selling, or investing, our experienced team provides expert guidance and end-to-end support to help you achieve the best outcome.

Your mortgage

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Years
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Monthly repayments
£2,559
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Disclaimer - Property reference 31208. 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 GPS Commercial, 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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