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Devonshire Road, Hastings

PROPERTY TYPE

Terraced

BEDROOMS

9

BATHROOMS

2

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

  • Investment Opportunity
  • Nine Bedrooms
  • Two Kitchens
  • Two Separate Shower Rooms
  • Rear Garden
  • Off Road Parking
  • Current Annual Rental Income of £43,800
  • Hastings Town Centre Location
  • Council Tax Band D

Description

**INVESTMENT OPPORTUNITY **
PCM Estate Agents are delighted to welcome to the market this WELL-PRESENTED NINE-BEDROOM INVESTMENT OPPORTUNITY, ideally situated in the heart of Hastings town centre, within easy reach of Hastings mainline railway station, local bus routes, the seafront and a wide range of local amenities.

This SUBSTANTIAL MULTI-LEVEL PROPERTY offers flexible accommodation throughout and currently generates an ANNUAL RENTAL INCOME OF £43,800 (£3,650 PCM), providing an excellent opportunity for investors looking to acquire a property with an established income stream and FURTHER INVESTMENT POTENTIAL.

The accommodation currently comprises NINE BEDROOMS, TWO KITCHENS, with FOUR ROOMS BENEFITING FROM INDIVIDUAL KITCHENETTES and FIVE ROOMS OFFERING THEIR OWN SHOWER FACILITIES, in addition to TWO SEPARATE SHOWER ROOMS.

The property also benefits from a number of NEWLY INSTALLED ELECTRIC RADIATORS and a versatile layout which may lend itself particularly well to multiple occupancy or letting purposes, subject to any necessary consents and licensing requirements.

Of particular interest to investors, THREE OF THE ROOMS ARE CURRENTLY VACANT, providing an immediate opportunity to potentially increase the existing rental income. One of these vacant rooms benefits from its OWN PRIVATE GARDEN, Which is currently used by the owner together with a MODERN FITTED KITCHEN-UTILITY ROOM, offering particularly strong potential for further enhancement.

Externally, the property benefits from OFF-ROAD PARKING TO THE FRONT and a WELL-MAINTAINED REAR PATIO GARDEN.

With its substantial accommodation, established rental income, flexible layout and scope to potentially increase the current return, this property represents a RARE INVESTMENT OPPORTUNITY in the heart of Hastings town centre.

Early viewing is strongly recommended to fully appreciate the accommodation, income potential and further opportunities this property has to offer. Contact the owners' agents to avoid disappointment.

Private Front Door - Opening to:

Entrance Porch - Tiled flooring, radiator, double glazed window to side aspect and further door to:

Entrance Hallway - Radiator, stairs rising to the first floor landing, stairs descending to the lower floor flat, door to:

Entrance Hall - Further door to:

Lounge-Diner - 4.93m x 4.19m (16'2 x 13'9) - Built in storage, radiator, door to downstairs wc, double glazed window to front aspect with stable door opening to:

Kitchen - 4.11m x 1.70m (13'6 x 5'7) - Modern and comprising base level units, four ring electric hob with eye level electric oven, inset one & ½ bowl sink with mixer tap, integrated under counter fridge freezer, under stairs storage cupboard, double glazed window to side aspect, opening to:

Utility - 2.64m x 1.70m (8'8 x 5'7) - Further countertop space, space for tumble dryer, space and plumbing for washing machine and dishwasher, gas meter, newly fitted wall mounted gas boiler.

Downstairs Wc - Comprising a low level dual flush wc, wash hand basin with mixer tap and storage below.

Bedroom - 4.70m x 5.26m (15'5 x 17'3) - Radiator, exposed feature fireplace wit surround and tiled hearth, double glazed bay window to rear aspect providing a pleasant outlook onto the garden, double glazed door providing access to the rear garden.

Rear Garden - Well-maintained with an area of decking, perfect for outdoor seating and entertaining, pond and storage shed to the rear, walled boundaries.

Ground Floor - Leading to:

Bedroom - 5.03m x 3.68m (16'6 x 12'1) - Radiator, separate electric radiator, kitchenette with space for fridge freezer, microwave and kettle, built in storage, door to walk-in-wardrobe with hanging space, double glazed window to rear aspect.

Shower Room - Double waterfall style shower head, wash hand basin, dual flush low level wc, part tiled walls, tiled flooring, frosted double glazed window to rear aspect.

Bedroom - 5.00m x 3.15m (16'5 x 10'4) - With kitchenette and separate wc.

First Floor - Leading to:

Bedroom - 5.00m x 3.15m (16'5 x 10'4) - Electric radiator, kitchenette space with sink, space for microwave, part tiled walls, part tiled flooring, double glazed window to front aspect, sliding door to:

Shower Room - Waterfall style shower head, low level dual flush wc, sink, part tiled walls.

Bedroom - 5.23m max x 4.98m max (17'2 max x 16'4 max ) - Kitchenette, space for fridge freezer and microwave, part tiled walls, part laminate and part carpet flooring, electric radiator, double glazed bay window to rear aspect, opening to:

Shower Room - Shower, low level wc, wash hand basin.

Utility Room - Space and plumbing for washing machine, space for tumble dryer, built in storage cupboard, double glazed window to front aspect.

Second Floor - Built in storage cupboard with shelving, leading to:

Shower Room - Shower unit, low level dual flush wc, wash hand basin, part tiled walls, frosted double glazed window to front aspect.

Communal Kitchen - Fitted with a range of base level units, ample countertop space, four ring electric hob, eye level electric double oven, two stainless steel sinks with mixer taps, radiator, integrated fridge freezer, double glazed window to rear aspect.

Bedroom - 4.04m x 2.49m (13'3 x 8'2) - Radiator, additional electric radiator, double glazed window to rear aspect.

Bedroom - 4.95m x 3.15m (16'3 x 10'4) - Radiator, separate electric radiator, wc, and separate shower.

Top Floor - Leading to:

Shower Room - Shower, part tiled wall, low level dual flush wc.

Bedroom - 4.98m max x 3.86m max (16'4 max x 12'8 max ) - In the process of being finished and will have fitted electric radiators, two double glazed windows to rear aspect.

Bedroom - In the process of being finished and will have electric radiator, double glazed window to front aspect.

Outside - Front - Dropped kerb providing off road parking.

Brochures

Devonshire Road, HastingsBrochure
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: D
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
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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Devonshire Road, Hastings

Approximate location

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Affordability

Monthly repayments£2,136
Property: £ 425,000
Deposit: £ 42,500
Interest rate: 5.35%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About PCM Estate Agents, Hastings

39 Havelock Road, Hastings, TN34 1BE
Industry affiliations:

Since our opening in 2010 we have established ourselves as the towns' NUMBER ONE Estate Agent (proven in the Rightmove statistics opposite), due to our dynamic, enthusiastic, professional, and committed approach to selling properties for our clients.

Our agency is an independent Estate Agency combining an innovative and passionate approach to selling your home coupled with traditional Estate Agency values.

Located in the heart of Hastings town centre with knowledgeable staff having a combined experience in estate agency of more than 240 years. We know and care about the town we work and live in, so whether you’re entering the property market for the first time or looking to buy your second or third home, PCM will guide you through the process smoothly and effortlessly from start to finish. We realise that selling or buying a property is an extremely personal venture and we will ensure that one of our experienced directors is always available to advise and assist you with the sale or purchase of your most valuable asset.

You will find our properties advertised on not only our website but also on the main property portals including Rightmove, Zoopla, Prime Location and On The Market, and via marketing on our social media platforms including Instagram and Facebook to give every advantage in either finding a new home or selling your property.

We look forward to helping you move to your new home soon!

The above question is something that we are asked on a regular basis. The answer is quite simple. The key to PCM’s success is that we are not about individuals but about a team of highly experienced and motivated career estate agents with an unrivalled experience in excess of 240 years within the industry. We have worked consistently over the years, never leaving the industry, throughout good markets and bad, from as early as 1985. Because of this we are able to succeed in all market conditions and all parts of the market. We are consistently recommended by our previous clients and property professionals also.

In these days of slap dash internet estate agency, we at PCM still believe in the true values of the business by looking after our clients on the first day of their instruction, right the way through to the completion of their sale offering the most comprehensive service found locally.

In the first instance your property will be valued accurately and professionally by a partner in the company, every viewing will be arranged correctly and followed up and if required can be accompanied by a member of our team. Any offer will be negotiated effectively and thoroughly by a partner in the firm to make sure that we are gaining you the highest offer possible and then once we have arranged the sale this will be passed to our sales progression department.

It is well known that the level of sales progression within the industry is something that is overlooked by many estate agents. PCM have dedicated sales progressors in both Michael Mepham with 38 years experience in the property industry and Lisa Pope, who before joining ourselves several years ago, worked as a Legal Executive for one of the largest conveyancing firms in the town, which gives us an unrivalled service in this department. Their experience and insight into the complexities of a sale will not be found in any of our competitors.

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Disclaimer - Property reference 34990361. 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 PCM Estate Agents, Hastings. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.