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1 bedroom flat for sale

Marina, St Leonards On Sea, TN38

£95,000

Property Description

Key features

  • One bedroom second floor flat
  • Share of freehold
  • Chain free
  • Tenant in situ
  • 5.37% rental yeild
  • Ideal investment or first time buy

Full description

Tenure: Share of Freehold

Looking for a quiet abode yet close to the promenade or an investment?

A rare opportunity has arisen to acquire a one bedroom second floor flat situated with St Leonards seafront and an array of shops and restaurants on your doorstep. The building was originally constructed by celebrated architect and builder James Burton.

Boasting an open plan living space, one double bedroom and bathroom, this property is accessed from Undercliff at the rear of Marine Court and is within close proximity to local amenities, bus routes and Warrior Square mainline railway station connecting to London.

Currently this apartment is being sold with a tenant in situ on a periodic tenancy, achieving an annual figure of £5,100 with a rental yield of 5.3%. Making this a desirable and lucrative investment. Not only for investment but this property would also be appealing to first time buyers or a second holiday home by the sea.

Lease details
The seller advises that there is 108 years remaining on the lease. The annual service charge is £1,747.09. The agent has
not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.
Living Room 4.24m (13'11) x 3.4m (11'2)

Bedroom One 3.51m (11'6) x 2.95m (9'8)

Kitchen 2.87m (9'5) x 1.52m (5')

Bathroom 2.34m (7'8) x 1.68m (5'6)


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
14 August 2017

Floorplans

Externally hosted floorplan


Map & Street View

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