This property has been taken off the market.

2 Bed Flat For Sale Pevensey Road, Eastbourne, BN22

£175,000- Flat

1 of 1
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 15th May 2024

Description

** Refurbished ** Long Lease ** Tenanted ** Spacious Two Bedroom Flat ** Centrally Located **

Milestone Sales & Letting the Low-Cost High Service Agency

Milestone Sales and Lettings are delighted to introduce to the market this exceptionally well presented 2 double bedroom flat. being offered to the market with a tenant in situ this investment offers a 6% return on your investment.
The tenant has resided happily in the property for the last 6 months and has been paying £800pcm.

the property is located centrally and is within walking distance to all amenities including the newly developed Beacon Shopping Centre and Eastbourne Trainstation.

We have been advised that the property comes with a 900+ year lease and a service charge of £1400 per annum. These figures need to be clarified by the prospective purchaser's legal advisors.



Tenure: Leasehold (900 years)
Service Charge: £1,400 per year
Agent Details
Milestone Group
39-41 Seaside, Eastbourne, BN22 7NB

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 2 bedroom property. See more properties like this.

£300,000
Eastbourne, BN22
8.7
£174,950
Eastbourne, BN21
Flat
7.7
£190,000
Eastbourne, BN21
Flat
7.5
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested