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6 bedroom block of apartments for sale
Kenilworth Road, St. Leonards-On-Sea TN38
£450,000
Kenilworth Road, St. Leonards-On-Sea TN38
£450,000
Our Summary
- * INVESTMENT OPPORTUNITY *PCM Estate Agents welcome to the market an opportunity to acquire this SUBSTANTIAL FIVE STOREY VICTORIAN BUILDING consisting of 3 ONE BEDROOM FLATS occupying the lower ground floor, hall floor and first floor, as well as a LARGE THREE BEDROOM MAISONETTE spanning the top two floors
- This building represents the PERFECT INVESTMENT OPPORTUNITY for those looking to add to an existing portfolio
- The property is IN NEED OF SOME MODERNISATION, there is currently electric heating and mainly double glazed windows
Description
This substantial five-storey Victorian building is an investment opportunity, comprising three one-bedroom flats on the lower ground, hall, and first floors, and a large three-bedroom maisonette spanning the top two floors. The flats are already tenanted, with the maisonette available with vacant possession. The property requires some modernization and has the benefit of a garden at the rear. Located on a sought-after road in central St Leonards, close to amenities, the property is expected to achieve approximately £38,000 per annum when fully occupied.