Terminus Road
Eastbourne
Offers in the region of £649,950
£649,950
Tenure: Freehold
Ref: EBN118347
- Investment opportunity
- Three self contained flats
- X2 one bedroom & x1 two bedroom flats
- All currently occupied with tenants
- Chain free
- Located directly off eastbourne seafront
- Yielding approximately £27,000 per annum
- Commercial unit read more show less
monthly mortgage estimate
A fantastic investment opportunity to acquire this FREEHOLD PROPERTY. enviably portioned directly of Eastbourne seafront. Comprising of x2 one bedroom flats and x1 two bedroom flat all currently rented out on AST's and yielding approximately £27,000 per annum, plus a vacant commercial unit.
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Council Tax Band: C
Tenure: Freehold
floor plans
in detail
***FREEHOLD INVESTMENT OPPORTUNITY***
Fox & Sons are delighted to present to market this rare investment opportunity to acquire freehold building enviably positioned directly off Eastbourne seafront. Comprising of x2 one bedroom flats, x1 two bedroom flat arranged over three floors and a vacant commercial unit below. all apartments currently rented out on AST's. The property is currently yielding approximately £32,000 per annum from three occupied flats.
Bay window to the front aspect and radiator.
Double glazed window to the rear aspect and radiator.
Double glazed window to the front aspect and radiator.
Double glazed window to the rear aspect and radiator.
Bay window to the front aspect and radiator.
Double glazed window to the rear aspect and radiator.
Double glazed window to the rear aspect and radiator.
Fox & Sons are delighted to present to market this rare investment opportunity to acquire freehold building enviably positioned directly off Eastbourne seafront. Comprising of x2 one bedroom flats, x1 two bedroom flat arranged over three floors and a vacant commercial unit below. all apartments currently rented out on AST's. The property is currently yielding approximately £32,000 per annum from three occupied flats.
Communal Entrance
Security entryphone system for all flats. Stairs leading to first floor landing. Private entrance to;Flat 1
Living Room / Kitchen
18' 4" MAX x 18' 1" MAX ( 5.59m MAX x 5.51m MAX )Bay window to the front aspect and radiator.
Bedroom
11' 6" MAX x 12' 1" MAX ( 3.51m MAX x 3.68m MAX )Double glazed window to the rear aspect and radiator.
Bathroom
Bath with mixer taps and shower attachment over, wash hand basin, extractor, WC and heated towel rail.Flat 2
Living Room / Kitchen
18' 4" MAX x 15' 4" MAX ( 5.59m MAX x 4.67m MAX )Double glazed window to the front aspect and radiator.
Bedroom
10' 6" MAX x 12' 3" MAX ( 3.20m MAX x 3.73m MAX )Double glazed window to the rear aspect and radiator.
Bathroom
Bath with mixer taps and shower attachment over, wash hand basin, extractor fan, hated towel rail and WC.Flat 3
Living Room/ Kitchen
15' 4" MAX x 17' 5" MAX ( 4.67m MAX x 5.31m MAX )Bay window to the front aspect and radiator.
Bedroom One
9' 3" MAX x 11' 9" MAX ( 2.82m MAX x 3.58m MAX )Double glazed window to the rear aspect and radiator.
Bedroom Two
11' 9" MAX x 7' 7" MAX ( 3.58m MAX x 2.31m MAX )Double glazed window to the rear aspect and radiator.
Bathroom
Bath with mixer taps and shower attachment over, wash hand basin, extractor, WC and heated towel rail.
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Eastbourne team...
19 Cornfield Road
EASTBOURNE
East Sussex
BN21 4QD
EASTBOURNE
East Sussex
BN21 4QD
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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE
QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR
MORTGAGE.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY
AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU REMORTGAGE.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.