7 bedroom end of terrace house for sale

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7 bedroom end of terrace house for sale

Wellington Place, Hastings
£450,000

Our Summary

  • DESCRIPTION A fantastic opportunity to acquire the upper parts of this period town centre building which has a current planning application submitted for 4 apartments
  • Current Planning Portal Reference PP-11372895 TENURE & OUTGOINGS The property is being sold on a head lease of 125 years from March 2020

Description

This period town centre building in Hastings offers a unique opportunity to acquire the upper parts of the property, which has a current planning application submitted for conversion into four apartments. The application seeks permission for three two-bedroom apartments and one one-bedroom apartment, and the building boasts stunning sea views from the rear and side. Situated in the heart of the town centre, the property is surrounded by shops, bars, and restaurants, making it an attractive investment opportunity. The property is being sold on a 125-year head lease from March 2020, with a ground rent of £250 per apartment and a maintenance contribution of 60% of expenditure.
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