MapOffers in region of
£260,0003 bedroom apartment for sale
Ferry Road, Rye, East Sussex
Chain-free
Apartment
3 beds
2 baths
EPC rating: D
Key information
Features and description
- Prime Investment Opportunity
- 6.1% Rental Yield
- Two Apartments
- One Bedroom Flat
- Two Bedroom Flat
- Excellent Condition
- Freehold Building
- Tenants in Situ
- Chain Free
*Investors* 6.1% Rental yield.
A perfect opportunity to purchase two apartments in one Victorian converted building, which is freehold. In the centre of Rye, next to the train station and shops, there is a ground floor one bedroom apartment, and upstairs, there is a two bedroom apartment. Both properties are in excellent condition and selling with tenants in situ. Double glazing and energy efficient electric heating. Chain free.
An excellent opportunity for investors to acquire two properties in one building, which was completely refurbished about 4 years ago.
The historic Cinque Port town of Rye has a wealth of boutique shops, restaurants, pubs and coffee shops. Its mainline train station has excellent links to Hastings (20 mins), Brighton (90 mins), and Ashford (20 mins). From Ashford the high speed train reaches London St. Pancras in under 40 minutes. The Channel Tunnel at Folkestone is a 45 minute drive.
Nearby towns include Hastings with its old town art galleries and festivals; Ashford with a John Lewis store and McArthurGlen Designer Outlet.
Ground Floor Apartment - Enter through the communal UPVC door, shared with the first floor flat, and go into the ground floor apartment. There is a spacious living room with dining space; the main bedroom is to the front with a large bay window, and storage set below. There is a shower room off the living room, and to the rear is a W.C. and wash basin. The kitchen is to the rear as well with oven, hob, space for fridge freezer and washing machine.
First Floor Apartment - Lead up the stairs to the first floor. A bright open plan living room with kitchen area. Space for washing machine, fridge freezer, and free standing oven. To the front is a large double bedroom with twin windows, and to the rear is a bathroom with shower over. There is a further single bedroom with window.
The ground floor apartment is on a periodic monthly Residential Tenancy Agreement, with a rent of £600. The first floor apartment is currently on the rental market for £750 per month.
Therefore, the rental yield for these two flats combined, would be around 6.1% per annum.
Double glazing and energy efficient electric heating.
EPC: C
A freehold building.
A perfect opportunity to purchase two apartments in one Victorian converted building, which is freehold. In the centre of Rye, next to the train station and shops, there is a ground floor one bedroom apartment, and upstairs, there is a two bedroom apartment. Both properties are in excellent condition and selling with tenants in situ. Double glazing and energy efficient electric heating. Chain free.
An excellent opportunity for investors to acquire two properties in one building, which was completely refurbished about 4 years ago.
The historic Cinque Port town of Rye has a wealth of boutique shops, restaurants, pubs and coffee shops. Its mainline train station has excellent links to Hastings (20 mins), Brighton (90 mins), and Ashford (20 mins). From Ashford the high speed train reaches London St. Pancras in under 40 minutes. The Channel Tunnel at Folkestone is a 45 minute drive.
Nearby towns include Hastings with its old town art galleries and festivals; Ashford with a John Lewis store and McArthurGlen Designer Outlet.
Ground Floor Apartment - Enter through the communal UPVC door, shared with the first floor flat, and go into the ground floor apartment. There is a spacious living room with dining space; the main bedroom is to the front with a large bay window, and storage set below. There is a shower room off the living room, and to the rear is a W.C. and wash basin. The kitchen is to the rear as well with oven, hob, space for fridge freezer and washing machine.
First Floor Apartment - Lead up the stairs to the first floor. A bright open plan living room with kitchen area. Space for washing machine, fridge freezer, and free standing oven. To the front is a large double bedroom with twin windows, and to the rear is a bathroom with shower over. There is a further single bedroom with window.
The ground floor apartment is on a periodic monthly Residential Tenancy Agreement, with a rent of £600. The first floor apartment is currently on the rental market for £750 per month.
Therefore, the rental yield for these two flats combined, would be around 6.1% per annum.
Double glazing and energy efficient electric heating.
EPC: C
A freehold building.
Property information from this agent
About this agent
At Patrick Oliver, our main objective is to offer an individualised professional property service, without the associated expensive high street costs. Our professional, honest team will work diligently with you and for you, to give you confidence in Patrick Oliver Sussex & Kent: Dedicated Property Professionals, whether it be selling, renting, or managing your home. We believe that with our consistent positive attitude, and genuine passion for people and property, we will give you the results that you want to achieve, all without the added extra costs. Choose your agent who will save you time and money in the short term, and you will be valued in the long term. Our Patrick Oliver Property Professionals have an in depth knowledge of the local regional walks, schools, transport, bowling greens, historical architecture, and not forgetting the sports clubs and gyms. Our select team of local property professionals, strive to attain consistent pleasant rapport with our clients. Patrick Oliver's Dedicated Local Team, will always endeavour to honour our commitment, to selling or renting your home, efficiently, whilst achieving the best price . The Patrick Oliver Team of genuine and gentil professionals, always take pride in themselves, and therefore can provide a high level Quality of Service. Why not contact us today, and we promise to give you a personable, honest approach to selling, buying, and renting. Please follow us on Facebook, Instagram, and Twitter, to keep up to date with the latest property news in your area.