Lot 75: FREEHOLD BLOCK OF FIVE FLATS

Sold Prior

An exciting opportunity to acquire this well presented end-terrace property converted to provide five flats over three floors.

With grand staircase and wide communal areas, the Victorian property has been in the same ownership for over 30 years and has been well maintained throughout that time.

The block, which comprises three, one bedroom flats and two studio flats, has a fire alarm system, double glazing throughout and coin fed electric meter in each flat. The Seller has also advised that two residents’ parking permits are available for each residence at £25 each for 12 months.

Providing a good income, the block is considered ideal for immediate investment or may hold future potential for conversion back into a family home, subject to all necessary consents being obtainable.

23 Bedford Grove is located in a popular residential area of Eastbourne, offering easy access to a wide variety of local shops and amenities. Eastbourne town centre and mainline railway station are approximately 0.5 miles from the property offering services along the coast and to London.

Ground Floor

Flat 1

Living room, kitchen, shower room with W.C and bedroom with door leading to rear garden.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at the current rental of £560 per calendar month.

Flat 5

Living room/bedroom, kitchen, bathroom with W.C and small private rear garden. The Flat has access to the basement but it is not included within the Tenancy Agreement.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at the current rental of £470 per calendar month.

First Floor

Flat 2

Living room with storage cupboard and open plan kitchen, hallway with fire door leading to communal hallway, shower, W.C and bedroom.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at the current rental of £515 per calendar month.

Flat 3

Living room/bedroom, kitchen, shower room with W.C.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at the current rental of £495 per calendar month.

Second Floor

Flat 4

Entrance hall, living room with storage cupboard and open plan kitchen, shower room with W.C and bedroom with wardrobe and storage cupboard.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at the current rental of £540 per calendar month.

Local Planning Authority

Eastbourne Borough Council. Tel: 01323 415210. Website: eastbourne.gov.uk.

Residential EPC: E