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6 bedroom block of apartments for sale
Pevensey Road, Eastbourne, East Sussex, BN21
£400,000
Pevensey Road, Eastbourne, East Sussex, BN21
£400,000
Our Summary
- Located in Eastbourne town centre, this property is a brilliant investment opportunity
Description
This freehold block in Eastbourne town centre offers a unique investment opportunity, comprising a four-bedroom maisonette, a one-bedroom ground-floor flat, and a one-bedroom garden flat. Two of the flats are currently rented, generating £30,000 per annum, with the potential to increase this to over £40,800 per annum by renting all flats in their existing layout. The property presents various options for investors, including conversion to a large HMO, individual flats, or retaining its current form. The maisonette features four bedrooms, a shower room, separate w/c, and a spacious living room, while the ground-floor flat has an open-plan kitchen/living room, bathroom, and separate w/c. The garden flat boasts a front-aspect living room, double bedroom, w/c, and shower room, leading to a generous garden with patios.