Wickham Avenue, Bexhill-on-Sea, TN39
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
3
- 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
- Freehold Investment Opportunity
- Central Bexhill Location
- Commercial Premises & Three Apartments
- Immediate Rental Income For New Purchaser
- Net Yield 9.21%
- Combined Annual Income Of £35,460
Description
FANTASTIC INVESTMENT OPPORTUNITY
An excellent opportunity to acquire a freehold investment comprising a commercial premises and three self-contained apartments, ideally situated in the heart of Bexhill town centre. The property generates a combined annual income of £35,460, representing an attractive annual yield of approximately 9.21%.
All four units are currently let on periodic tenancies, offering immediate rental income with future flexibility.
The accommodation includes a ground floor commercial unit, presently operating as a hairdressing salon, alongside a well-presented one-bedroom apartment benefiting from a south-facing courtyard garden.
To the upper floors, there is a further one-bedroom apartment on the first floor and an additional one bedroom apartment on the second floor. This well-located and income-producing asset is offered with the freehold of the entire building, making it an ideal addition to any investment portfolio.
About The Properties -
The investment currently generates a total monthly income of £2,955.00, comprising a ground floor commercial unit producing £520 per month, a one-bedroom ground floor apartment with a private south-facing courtyard achieving £845.00 per month, a first floor one-bedroom apartment generating £810.00 per month, and a top floor apartment also producing £780.00 per month.
The sale includes the freehold of the entire building, offering long-term security and control for the investor.
Location
The properties are ideally situated in Bexhill Town Centre, just a short stroll from the seafront promenades and the iconic De La Warr Pavilion. The town centre itself offers a wide range of well-regarded restaurants, cafés, and everyday shopping facilities, making it a highly convenient location.
Excellent transport links are available via Bexhill railway station, which provides regular services to Hastings, Eastbourne, Brighton, Gatwick Airport, and London Victoria.
- 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.
- Yes
- 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
Wickham Avenue, Bexhill-on-Sea, TN39
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About Bexhill Estates, Bexhill On Sea
Unit 1, Meads Court, 40-42 Cooden Sea Road, Bexhill On Sea, East Sussex, TN39 4SL.
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Visit our security centre to find out moreDisclaimer - Property reference 30144872. 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 Bexhill Estates, Bexhill On Sea. 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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