- Ground Floor Apartment
- First Floor Apartment
- Gas Central Heating
- Within Close Proximity To Seafront
- Own Private Entrance
- Popular Residential Location
- Private Courtyard Garden
- Investment Opportunity
Full property description
A fantastic investment opportunity! This detached house split into two flats is being sold with tenants in situ. Conveniently located close to the seafront and opposite Egerton Park. Its also a short walk into the town centre and Bexhill train station with links to Brighton and London.
This detached house currently split into two flats has a total gross income of £25,500per annum, in addition to this a garage and rear yard rental income of £1,800 per annum giving a total annual income of £27,300.
The ground floor flat is let on an Assured Shorthold Tenancy in a fixed term until 8th November 2024 and is paying £1200 per calendar month.
This flat is situated on the ground floor and comprises of two double bedrooms, large living room space, modern fitted kitchen with matching wall and base units, modern fitted bathroom and a separate WC and has private use of the private rear garden.
The first floor flat is let on an Assured Shorthold Tenancy in a fixed term until 19th April 2023 and is paying £925 per calendar month.
This flat is situated on the first floor flat and comprises of two double bedrooms, good sized living room, fitted kitchen with matching wall and base units and a modern fitted bathroom. The first floor also benefits from a balcony where you can enjoy the views across Bexhill's beautiful Egerton Park.
Both flats are managed by Oakfield and we have evidence of all the necessary paperwork and documentation to confirm the up to date legislations have been met.
For more information or to arrange a viewing get in touch today!
Kitchen 3.33m x 2.64m (10'11 x 8'8)
Living Room 6.12m x 3.05m (20'1 x 10'0)
Bedroom 4.29m x 3.81m (14'1 x 12'6)
Bedroom 2 3.81m x 3.02m (12'6 x 9'11)
WC 1.93m x 0.71m (6'4 x 2'4)
Bathroom 1.80m x 1.68m (5'11 x 5'6)
Living Room 3.84m x 3.33m (12'7 x 10'11)
Kitchen 2.46m x 2.36m (8'1 x 7'9)
Bedroom 4.78m x 3.05m (15'8 x 10'0)
Bedroom 4.01m x 3.38m (13'2 x 11'1)
Bathroom 2.13m x 1.80m (7'0 x 5'11)
Council Tax Band - B