Ceylon Place, Eastbourne

£435,000
  • Ref: 1000_RS0737
  • Type: Terraced House
  • Bedrooms: 4
  • Bathrooms: 3
  • Reception Rooms: 3
  • Tenure: Freehold
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Property Features

  • Well Presented
  • 12.299% Net Leveraged Yield
  • 1 x 2 Bedroom Garden Flat
  • 2 x 1 Bedroom Flats
  • ERV £34,500

Property Summary

3 x Flats ** Combined, these flats generate a remarkable monthly income of £2,550.00 or £30,600 per annum. This translates to a leveraged net yield of 12.299%, showcasing the lucrative investment potential of this property. ** ERV £34,500

Full Details

3 x Flats ** Property Description:

Nestled in the heart of Eastbourne, Milestone Group proudly presents an exceptional freehold block comprising three immaculate flats, boasting a prime location and promising exceptional returns.

Situated at 53 Ceylon Place, this well-maintained building offers a blend of comfort and convenience, appealing to both investors and tenants alike.

Flat 1: A spacious 2-bedroom apartment commanding £1,000.00 per month.
Flat 2: Two elegant 1-bedroom flats, each fetching £750.00 per month.
Flat 3: With an upcoming increase in April, this 1-bedroom gem currently earns £800.00 per month.
Combined, these flats generate a remarkable monthly income of £2,550.00 or £30,600 per annum. This translates to a leveraged net yield of 12.299%, showcasing the lucrative investment potential of this property.

The building's impeccable upkeep and the flats' well-presented interiors ensure a desirable living environment for tenants, enhancing rental appeal and long-term value.

Don't miss this opportunity to acquire a centrally located freehold block with substantial income potential. Contact us today to arrange a viewing and secure your investment in this prime Eastbourne property.


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