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57 CROFT ROAD, HASTINGS, EAST SUSSEX, TN34 3HJ Guide: £315,000 - £325,000




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UNBROKEN BLOCK OF FIVE FLATS IN OLD TOWN LOCATION

Currently Let At: £21,276 Per Annum

A rare opportunity to acquire an unbroken block of five flats in a converted period house arranged over five floors with magnificent views. The property is located in the Old Town area of Hastings with good access to the town centre, seafront and mainline railway station and is considered ideal for continued investment.

All of the flats are currently let on Assured Shorthold Tenancy Agreements producing a good income and it is considered that the block could be up-graded to provide a higher rental return. There is a cellar, which is currently used as a workshop by one of the tenants.

Cellar
Currently used as a workshop.

Lower Ground Floor Flat
Entrance hall, living room, kitchen, bedroom and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £390 per calendar month.

Ground Floor
Communal entrance.
Flat 2
Entrance, living room, kitchen, bedroom and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £316 per calendar month.

First Floor
Flat 3
Entrance, living room, kitchen, bedroom and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £411 per calendar month.

Second Floor
Flat 4
Entrance, living room, kitchen, bedroom and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £281 per calendar month.

Top Floor
Flat 5
Entrance, living room, kitchen, bedroom and bathroom/W.C.
Tenancy
The flat is let on an Assured Shorthold Tenancy Agreement at a current rental of £375 per calendar month.

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