a Pevensey Road, Eastbourne

Under Offer
£550,000
  • Ref: 1000_RS0735
  • Type: End of Terrace House
  • Availability: Under Offer
  • Bedrooms: 3
  • Bathrooms: 3
  • Reception Rooms: 3
  • Tenure: Freehold
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  • Floorplan
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Property Features

  • Freehold
  • £30,578 per annum
  • 3 x 1 Bed Flats
  • 16% Leveraged Net Yield

Property Summary

3 x Flats ** £30,578 per annum. With a net yield in excess of 16%, this property presents a lucrative investment prospect for discerning investors seeking reliable returns.

Full Details

3 x Flats ** Property Description:

Milestone Group is delighted to present to the market an exceptional freehold block comprising three spacious 1-bedroom flats. Nestled in a desirable location, these flats offer an attractive investment opportunity with a substantial rental income.

The breakdown of rental income for each flat is as follows:

Flat 2: £870.00 per month
Flat 3: £839.00 per month
Flat 4: £839.00 per month
This totals an impressive £2,548.00 per month or £30,578 per annum. With a net yield in excess of 16%, this property presents a lucrative investment prospect for discerning investors seeking reliable returns.

Each flat boasts ample space and modern amenities, providing tenants with comfortable living quarters. The freehold status adds further appeal, offering potential for long-term capital appreciation.

Don't miss out on this opportunity to acquire a high-yielding property with significant income potential. Contact us today to arrange a viewing and secure your investment in this prime real estate offering.


Disclaimer:

The financial feasibility outlined in these property particulars is based on certain assumptions, including a 25% deposit and a mortgage interest rate of 5.5%. It is important to note that these assumptions may vary depending on individual circumstances and market conditions.

Prospective buyers are advised to conduct their own due diligence and seek independent financial advice before making any investment decisions. The figures provided herein are for illustrative purposes only and should not be relied upon as guarantees of future performance.

Milestone Group does not accept any liability for inaccuracies or discrepancies arising from reliance on the information provided in these property particulars. All interested parties are encouraged to verify the accuracy of the information and seek professional advice where necessary.

Tenure: Freehold