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Guide price
£145,000

1 bedroom flat for sale

Cavendish Place, Eastbourne BN21
Chain-free
Flat
1 bed
1 bath
Added > 14 days

Key information

TenureLeasehold | 99 yrs left
Ground rent£50 per annum | review period: unconfirmed
Service charge£500 per annum
Council taxBand D
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold (99 years remaining)
  • * a choice of two one bedroom flats recently refurbished on ground and first floors
  • *guaranteed rent of £11,700/year showing a yield of 8.5%
  • *no management costs, income derived from secure government funding
  • *no agents fees
  • * flats can be purchased individually or together

INVESTMENT OPPORTUNITY WITH GURANTEED RENTAL INCOME FIXED FOR 3 YEARS.

AN OPPORTUNITY TO PURCHASE A RECENTLY REFURBISHED ONE BEDROOM GROUND FLOOR FLAT, AND A ONE BEDROOM FIRST FLOOR FLAT, CAN BE BOUGHT SEPARATELY OR TOGETHER. GUARANTEED INCOME OF £11,700/ANUM EQUIVELENT TO 8.5% RETURN. RENTAL INCOME DERIVED FROM GOVERNMENT FUNDING, WITH NO MANAGEMNET COSTS, AND NO AGENT FEES, NO VOID PERIODS THROUGHOUT THE TERM.

ALL COMPLIANCE CERTIFICATES UP TO DATE AND ISSUED.

VIEWING BY APPOINTMENT.

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About this agent

Housing Direct - Radlett
Housing Direct - Radlett
14 GROVE ROAD EASTBOURNE BN21 4TJ
020 7768 2346
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HOUSING DIRECT Provide unrivalled accommodation solutions to the public and private sector 24/7/365.
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