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Old Orchard Road, Eastbourne, BN21 1DB 1 bed flat for sale
Old Orchard Road, Eastbourne, BN21 1DB
£140,000
Old Orchard Road, Eastbourne, BN21 1DB
£140,000
Our Summary
- INVESTMENT OPPORTUNITY
- Being sold with a reliable tenant in situ, this property offers the perfect investment opportunity
Description
This is an investment opportunity to purchase a one-bedroom flat located in a purpose-built block in Eastbourne, close to the town centre and train station. The property is currently tenanted and offers a reliable income stream, with the tenant paying £650 per month. The flat features a private entrance hall, sitting/dining room with a balcony, kitchen, one bedroom, and modern bathroom/wc. Additional benefits include electric heating and double glazing. The property has a 999-year lease from 1968, with a maintenance fee of £621 per quarter and no ground rent. Sub-letting is allowed, and pets may be considered subject to approval. The property is being sold with a Council Tax band of 'A' and an EPC rating of 'D'. All interested parties are advised to verify the terms of the lease and outgoings.