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5 bedroom block of apartments for sale
Flats 1-5, 48 Sackville Road, Bexhill-on-Sea, East Sussex, TN39 3JE
£250,000
Flats 1-5, 48 Sackville Road, Bexhill-on-Sea, East Sussex, TN39 3JE
£250,000
Our Summary
- **For Sale By Auction on Thursday 13 March 2025** *Guide Price £250,000-£275,000 Long Leasehold Arranged As 5 Flats In Bexhill Town Centre Estimated Income Fully Let £30,900 Description An unusual opportunity to acquire a long lease arranged as 5 flats, spanning over the first, second & third floors of this terraced property in Bexhill town centre
- This investment opportunity includes 2 x studio flats and 3 x one-bedroom flats, the entrance to the flats is via a private on street access, adjacent to the ground floor commercial unit
Description
This is a rare opportunity to acquire a long leasehold property in Bexhill town centre, comprising five flats across the first, second, and third floors. The property is fully let, generating an estimated income of £30,900 per annum. The property is situated on Sackville Road, within walking distance of local amenities, shops, and restaurants, as well as Bexhill mainline train station and the seafront. The property is leasehold for 125 years from 2007, with a ground rent increasing every 25 years. The flats are all one-bedroom or studio flats, with a total of five units. The property is being sold by auction on March 13, 2025, with a guide price of £250,000-£275,000.