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Pevensey Road, Eastbourne, East Sussex, BN21

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

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.

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Description

Investment Opportunity – Central Two-Bedroom Apartment with Tenant in Situ – Eastbourne

Tenant in Situ | £925 PCM Rental Income | Walking Distance to Station & Town Centre

Property Description

An attractive buy-to-let investment opportunity in the heart of Eastbourne, offered for sale with an existing tenant in situ, currently generating rental income of £925 per calendar month (£11,100 per annum).

This well-presented two-bedroom apartment occupies a highly convenient central location, within easy reach of Eastbourne railway station, the town centre, shops, restaurants and local transport connections.

The property offers practical, low-maintenance accommodation, making it an appealing proposition for investors seeking an established rental property in a well-connected town-centre location.

The apartment provides well-balanced accommodation throughout, featuring a modern fitted kitchen, contemporary bathroom, bright and comfortable living space and two bedrooms. The dual-aspect second bedroom benefits from excellent natural light, adding to the property's overall appeal.

Its central position provides convenient access to everyday amenities, shopping facilities, the seafront and transport links, offering tenants the benefits of a highly accessible and walkable location.

Key Features

- Investment opportunity with existing tenant in situ
- Current rental income of £925 pcm (£11,100 per annum)
- Well-presented two-bedroom apartment
- Central Eastbourne location
- Walking distance to railway station and town centre
- Modern fitted kitchen and contemporary bathroom
- Bright and comfortable living accommodation
- Dual-aspect second bedroom with excellent natural light
- Convenient access to shops, restaurants and transport links
- Low annual service charge of approximately £1,100
- Council Tax Band A
- Leasehold with approximately 103 years remaining

Investment Appeal

Offered for sale subject to the existing tenancy, this apartment provides an opportunity for investors seeking a residential rental property in central Eastbourne.

The property currently generates annual rental income of £11,100 and benefits from relatively modest annual service charges, together with a convenient location close to the railway station, town centre and seafront.

Its two-bedroom layout, contemporary interior and proximity to local amenities contribute to its appeal within the residential rental market.

Property & Tenancy Information

Tenancy: Existing tenant in situ
Current Rental Income: £925 pcm
Annual Rental Income: £11,100
Tenure: Leasehold
Remaining Lease: Approximately 103 years
Annual Ground Rent: £150
Annual Service Charge: Approximately £1,100
Council Tax Band: A

An appealing opportunity to acquire an established rental property in a convenient central Eastbourne location.

Investor enquiries are welcomed. Viewings strictly by prior arrangement, subject to tenant availability.



Disclaimer
The particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute, any part of a contract. Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any of the services, appliances, equipment or facilities are in good working order. Purchasers should satisfy themselves of this prior to purchasing. The photograph(s) depict only certain parts of the property. It should not be assumed that any contents/furniture etc. photographed are included in the sale. It should not be assumed that the property remains as displayed in the photograph(s). No assumption should be made with regard to parts of the property that have not been photographed. Any areas, measurements, aspects or distances referred to are given as a GUIDE ONLY and are NOT precise. If such details are fundamental to a purchase, purchasers must rely on their own enquiries. Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further inquiries to ensure that our descriptions are likely to match any expectations you may have.
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.
Band: TBC
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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Pevensey Road, Eastbourne, East Sussex, BN21

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Affordability

Monthly repayments£775
Property: £ 155,000
Deposit: £ 15,500
Interest rate: 5.3%
Term: 30 years
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Disclaimer - Property reference BHO261074. 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 British Homesellers, National. 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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