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Block of flats
Penhale Road, Eastbourne BN22
£325,000
Penhale Road, Eastbourne BN22
£325,000
Our Summary
- Studio room requiring modernisation
- Flat 1– EPC Rating E (53/68) – Council Tax Band – A Requires modernisation
- Flat 2 – EPC Rating D (57/70) – Council Tax Band - A Requires some modernisation
- Investment Opportunity
Description
This property is a converted apartment building, comprising four flats, each with its own studio room, kitchen, and shower room. The flats vary in size and layout, with some requiring modernization. The property has a communal entrance hall, stairs, and a patio garden area. There is also a driveway for parking two cars and a single lock-up garage. The flats have a range of energy efficiency ratings, from E to D, and council tax bands ranging from A to A. The property yields an annual income of £28,872, with a return of 8.88%.