An opportunity to purchase this investment property in the popular Seaside area of Eastbourne. This HMO end of terrace house is arranged with five letting rooms over two floors. The current letting agent advises the property would guarantee an income of £28,140.00 per annum when fully let. Requiring some modernisation and remedial works, the house does enjoy the benefits of gas central heating, uPVC double glazing and a large rear garden. Sole Agents.
Porch
Door to:
Entrance Hall
Radiator. UPVC double glazed window.
Room 1 (4.55m (14'11") x 3.99m (13'1"))
Radiator. UPVC double glazed window to front.
Room 2 (3.71m (12'2") x 3.25m (10'8"))
Radiator. UPVC double glazed window to rear.
Kitchen (5.23m (17'2") x 2.95m (9'8"))
One and a half bowl single drainer sink unit. Four ring gas hob with cooker hood above. Electric oven. Space and plumbing for dishwasher. Space for fridge freezer. Wall units. Radiator. Tiled floor. Windows and door to side. Door to:
Cloakroom
Low level WC. UPVC double glazed window.
Rear Lobby
Pedestal wash basin.
Shower Room
Shower cubicle. Low level WC. Wash basin. Tiled walls. Extractor fan.
Bedroom 3 (3.20m (10'6") x 2.95m (9'8"))
Radiator. UPVC double glazed window to rear.
First Floor Landing
Radiator. Hatch to loft.
Bedroom 4 (3.66m (12'0") x 3.28m (10'9"))
Cupboard. Radiator. UPVC double glazed window to rear.
Bedroom 5 (5.18m (17'0") x 4.57m (15'0") (into bay))
Shower Room.
Shower cubicle. Low level WC. Extractor fan. UPVC double glazed window.
Other Information
The letting agent advises us that the monthly rental income from the individual rooms is as follows:
Room 1: £495.00
Room 2: £475.00
Room 3: £450.00
Room 4: £425.00
Room 5: £500.00
Council Tax Band C (£1955.09 per annum)