20 bedroom detached house for sale

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20 bedroom detached house for sale

Gorringe Road, Eastbourne
£3,400,000

Our Summary

  • Luxury Investment Opportunity - EastbourneTenure: FreeholdIncome: £263,040Internal Measurement: 650m2Type: Mix of self contained units and luxury HMO roomsPurchase: SPVThis is a rare opportunity to acquire an exceptional income-generating property, delivering a substantial annual return of £263,040 with an impressive net yield of 10
  • The only other ongoing costs are utilities and council tax, making this a highly efficient and low-maintenance investment opportunity

Description

This luxury property in Eastbourne offers a rare investment opportunity, generating an annual income of £263,040 with a net yield of 10.6% after costs. The property features a unique mix of self-contained units and luxury HMO rooms, each with en-suite bathrooms and premium fixtures and fittings. The building is located in a sought-after area, within walking distance of the town center and mainline train station, and offers generous communal amenities. The property is fully furnished, with new central heating, wiring, and plumbing, and is fully compliant with fire safety regulations. With 100% occupancy since opening, this property is an unparalleled opportunity for investors seeking a high-yield, low-maintenance asset.
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