House For Sale £1,100,000
Ginger & Sanders are delighted to offer this block of 15 apartments in the popular Lower Meads area of Eastbourne. Close to the sea and shops, the building comprises of three one bedroom flats & twelve studio flats. The property is fully functioning and generating a net income of £92,500 per annum. An ideal investment
Nb
Five floors, each with 3 flats. Self contained back yard.
All flats have own front door, own bathroom & cooking facilities.
They are separate dwellings – the building is not an HMO.
3 Flats are 1 bedroom, 2 have a mezzanine bed, 10 are studios.
12 flats have been fully refurbished. 2 partially done.
(1 not done at tenant’s request)
12 are currently let.
(Several tenants have been there many years)
Rents include Gas Electricity & Water (& Internet)
Property has one meter & one account for gas, electricity & Water (easy to manage)
All flats have individual EPC’s
Current Gas safety certificate (renewable in September)
Electrical certificate (eicr) done last year (lasts 5 years). All works done.
Full Fire alarm system and emergency lighting installed and are maintained on a contract.
Council letter available confirming property is not HMO
Roof recently maintained front & back and gutters.
New back door installed
Nb
Five floors, each with 3 flats. Self contained back yard.
All flats have own front door, own bathroom & cooking facilities.
They are separate dwellings – the building is not an HMO.
3 Flats are 1 bedroom, 2 have a mezzanine bed, 10 are studios.
12 flats have been fully refurbished. 2 partially done.
(1 not done at tenant’s request)
12 are currently let.
(Several tenants have been there many years)
Rents include Gas Electricity & Water (& Internet)
Property has one meter & one account for gas, electricity & Water (easy to manage)
All flats have individual EPC’s
Current Gas safety certificate (renewable in September)
Electrical certificate (eicr) done last year (lasts 5 years). All works done.
Full Fire alarm system and emergency lighting installed and are maintained on a contract.
Council letter available confirming property is not HMO
Roof recently maintained front & back and gutters.
New back door installed
