Situated in a popular residential area of St Leonards, this lower ground floor flat is considered ideal for continued investment.
The flat offers well proportioned living accommodation and is conveniently located for easy access to St Leonards town centre offering a wide variety of local shops, amenities and Warrior Square mainline railway station.
It is considered that the flat would benefit from redecoration and is ready for immediate investment or owner occupation as statutory notice was served on 5th October 2021. There is scope to increase rent as current rent is well below market value. It must be noted the tenant has been in occupation for many years.
Entrance hall with airing cupboard, living room with bay window, kitchen, bedroom with built in wardrobe and bathroom with W.C.
Currently let on an assured shorthold tenancy agreement from 17th December 2015 to 16th June 2016 at a current rental of £500 per calendar month.
Sold on a new 99 year lease at an initial ground rent of £200 per annum.