3 bedroom detached house for sale

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3 bedroom detached house for sale

Langney Road, Eastbourne BN22
£325,000

Our Summary

  • SUMMARYAn excellent investment / development opportunity to acquire this detached freehold building on the outskirts of Eastbourne town centre with planning permission granted in December 2024 for a three-bedroom residential flat with off-street parking
  • DESCRIPTIONFox & Sons present to market this excellent investment / development opportunity to acquire this detached this detached three story freehold building close to Eastbourne Town centre and the popular Seaside area
  • Planning permission has been granted in December 2024 to convert the offices /meeting rooms on the ground floor to a three bedroom flat with rental expectation of circa £1400pcmFirst Floor FlatAccessed with its own external staircase and is a two bed flat let on an AST at £899
  • potential for a lease extension
  • INVESTMENT/DEVELOPMENT OPPORTUNITY
  • Investment/development opportunity
  • LOCK UP COMMERCIAL PREMISES ON GROUND FLOOR WITH planning permission granted in December 2024 for a three-bedroom residential flat with off-street parking (Planning Application Ref - 240534)
  • Lock up commercial premises on ground floor with planning permission granted in December 2024 for a three-bedroom residential flat with off-street parking (Planning Application Ref - 240534)

Description

This detached freehold building in Eastbourne is an excellent investment or development opportunity. The property has planning permission granted in December 2024 to convert the ground floor offices into a three-bedroom residential flat, with a rental expectation of around £1,400 per month. The first floor flat is currently let on an AST at £899 per month, while the second floor flat is sold on a 99-year lease from 2004, with 78 years remaining and a potential for lease extension. The property also includes a self-contained commercial unit and offers a rare opportunity to acquire the freehold of the entire building.