Ninfield Road, Bexhill-on-Sea

£510,000 Guide Price
  • Ref: 1000_RS0593
  • Type: End of Terrace House
  • Bedrooms: 6
  • Bathrooms: 6
  • Reception Rooms: 6
  • Tenure: Freehold
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Property Summary

POTENTIAL TO DEVELOP AIR SPACE (STPP) **Freehold ** 2 x 2 Bedroom Flats & 2 x 1 Bedroom Flats ** £37,100 per annum.

We are delighted to present an exceptional investment opportunity in

Full Details

POTENTIAL TO DEVELOP AIR SPACE (STPP) **Freehold ** 2 x 2 Bedroom Flats & 2 x 1 Bedroom Flats ** £37,100 per annum.

Introducing a Prime Investment Opportunity in Bexhill-on-Sea

Discover the potential to soar with this exceptional freehold block of flats on Ninfield Road, Bexhill-on-Sea. Boasting a coveted TN39 5AB postcode, this property comprises two expansive 2-bedroom flats and two inviting 1-bedroom flats, all currently leased under Assured Shorthold Tenancies (ASTs), generating a remarkable annual income of £32,700.

Property Overview:

Address: Ninfield Road, Bexhill-on-Sea, East Sussex, TN39 5AB
Property Type: Freehold Block of Flats
Unit Configuration: 2 x 2 Bedroom Flats, 2 x 1 Bedroom Flats

F1 £875.00
F2 £700.00
F3 £850.00
F4 675.00

Total £3,100 and £37,100

All units under ASTs, ensuring immediate income potential.
2-bedroom flats valued at £180,000, 1-bedroom flats at £140,000 (SOF).
Potential to maximize rental income to £38,400 per annum based on market analysis.
Projected Cash ROI of 7%.
Leveraged Return with a 25% deposit and a 6% buy-to-let product, yielding a 10% return on investment.
This investment opportunity goes beyond ownership; it's a strategic move towards lucrative returns in Bexhill-on-Sea's thriving property market. Don't miss the chance to elevate your investment portfolio with this promising freehold block of flats. Contact us for detailed financials and a personalized tour to envision the full potential of this lucrative venture.

The commercial units have been sold off and are not included in the sale.

Tenure: Freehold