>
4 bedroom block of apartments for sale
Southwater Road, St. Leonards-On-Sea, East Sussex, TN37
£410,000
Southwater Road, St. Leonards-On-Sea, East Sussex, TN37
£410,000
Our Summary
- Exceptional Investment Opportunity - Block of 4 Apartments with Strong Yields National Residential are pleased to present this impressive freehold end-terrace block of 4x 1-bedroom apartments in a highly desirable St
- Offering excellent rental income and strong investment potential, this property presents a lucrative opportunity for investors seeking solid returns
- 4% * Potential to Increase Rents: Scope to review rental levels and enhance returns * All Flats Rated Council Tax Band A: Reducing outgoings for tenants, improving demand * No Ground Rent or Service Charges: Ensuring minimal ongoing costs Property Layout & Features: * 4x Self-Contained 1-Bedroom Apartments * Each Flat Comprises an Open Plan Living/Kitchen Room, Bathroom, and Bedroom * End-Terrace Freehold Property * Freehold Property Prime Location & Tenant Demand: * Walking Distance to Seafront - Ideal for tenants seeking coastal living * Close to Independent Shops & Restaurants on Kings Road and Norman Road * Warrior Square Railway Station within walking distance - direct connections to London * Excellent access to St
- With minimal overheads, no additional charges, and strong tenant demand in this sought-after seaside location, this fully-let investment offers immediate income with potential to improve returns further
- Contact our specialist sales team today to secure this exceptional investment opportunity
- Excellent Investment Opportunity
Description
This exceptional investment opportunity presents a block of four 1-bedroom apartments in a highly desirable St. Leonards location, offering excellent rental income and strong investment potential. The property generates a current gross rental income of £34,440 per annum, with a purchase price of £465,000, resulting in a strong gross yield of 7.4%. With minimal overheads, no additional charges, and strong tenant demand, this fully-let investment offers immediate income with potential to improve returns further. The property is situated in a prime location, walking distance to the seafront, independent shops and restaurants, and Warrior Square Railway Station, making it ideal for professionals and commuters alike. With no ground rent or service charges, this investment provides a lucrative opportunity for investors seeking solid returns.