2 bed Flat For Sale £160,000
This is an ideal opportunity to purchase an investment property or first time buy in the heart of Bexhill Town Centre to the market, with all the shops and amenities the town has to offer on its doorstep. Bexhill seafront and the De La Warr Pavilion are just at the end of the road and the mainline railway station is also within easy reach.
The flat itself is on the third floor and offers good sized accommodation throughout, which briefly comprises of an entrance hall with entry phone system, leading to a spacious living room area. The kitchen is fitted with a range of cupboards with an oven and hob and space for appliances. There are two double bedrooms, and there is also a fitted bathroom with a built in cupboard. There is also a private loft space belonging to the flat, providing useful storage.
The current tenants are paying £731 per month, giving an approximate rental yield of 5.48%. The going rental rate in the area for similar properties is in the region of £850, so there is potential for a higher rental to be achieved. Viewing is highly recommended to fully appreciate what it has to offer.
Kitchen (3.15m x 2.74m (10'04 x 9'00))
Living Room (4.24m x 3.58m (13'11 x 11'09))
Bedroom 1 (4.29m x 3.00m (14'01 x 9'10))
Bedroom 2 (4.27m x 2.69m (14'00 x 8'10))
Bathroom (2.44m x 2.34m (8'0 x 7'08))
Council Tax Band - A
Lease Information
The seller advises the property is offered as leasehold and there is approximately 124 years remaining on the lease. The service charge is approximately £1,601.28 for 2021-2022 and a ground rent of approximately £30 per annum. The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.
The flat itself is on the third floor and offers good sized accommodation throughout, which briefly comprises of an entrance hall with entry phone system, leading to a spacious living room area. The kitchen is fitted with a range of cupboards with an oven and hob and space for appliances. There are two double bedrooms, and there is also a fitted bathroom with a built in cupboard. There is also a private loft space belonging to the flat, providing useful storage.
The current tenants are paying £731 per month, giving an approximate rental yield of 5.48%. The going rental rate in the area for similar properties is in the region of £850, so there is potential for a higher rental to be achieved. Viewing is highly recommended to fully appreciate what it has to offer.
Kitchen (3.15m x 2.74m (10'04 x 9'00))
Living Room (4.24m x 3.58m (13'11 x 11'09))
Bedroom 1 (4.29m x 3.00m (14'01 x 9'10))
Bedroom 2 (4.27m x 2.69m (14'00 x 8'10))
Bathroom (2.44m x 2.34m (8'0 x 7'08))
Council Tax Band - A
Lease Information
The seller advises the property is offered as leasehold and there is approximately 124 years remaining on the lease. The service charge is approximately £1,601.28 for 2021-2022 and a ground rent of approximately £30 per annum. The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.
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