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7 bedroom house of multiple occupation for sale
Seaside, Eastbourne, East Sussex, BN22
£750,000
Seaside, Eastbourne, East Sussex, BN22
£750,000
Our Summary
- There is scope for further development above the rear extension, possibly adding up to three additional rooms
- The HMO has Sui Generis (Large HMO) planning permission & HMO licence permitting 8 persons
- Scope to extend accommodation
- Scope to increase rents
Description
This exceptional investment property in Eastbourne town centre offers a unique combination of a commercial shop, a five-room HMO, and a two-room apartment, generating an annual rental income of approximately £70,500. The property is meticulously maintained and decorated to a high standard, providing high-quality accommodation. The commercial shop is currently let to a local barber, while the HMO has Sui Generis planning permission and a HMO licence, allowing it to accommodate up to 8 people. The two-room apartment is let on a room-by-room basis. The property's location is highly desirable, close to the town centre, seafront, and with good transport links to London, Brighton, and other major towns. There is also scope for further development above the rear extension, potentially adding up to three additional rooms.