Skip to main content
Guide price
£640,000

6 bedroom block of apartments for sale

Cavendish Place, Eastbourne BN21
Chain-free
Block of apartments
6 beds
4 baths
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)
  • *recently refurbished block of 4 flats rental investment opportunity
  • *all flats let out on fixed three year guaranteed rent of £52,000/anum showing 8.5% return
  • * all flats 99 years, freehold available
  • No management costs rental derived from secure government funding
  • No agents fees
  • * no void periods within the full term

AN OPPORTUNITY TO PURCHASE AN ENTIRE BLOCK OF FLATS IN ONE BUILDING, ALL RECENTLY REFURBISHED. GUARANTEED INCOME OF £52,000/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.

THE BLOCK IS AVAILABLE TO PURCHASE AS A WHOLE, OR FLATS CAN BE BOUGHT INDIVIDUALLY WITH SAME RENTAL RETURNS.

VIEWING BY APPOINTMENT.

Visit agent website

About this agent

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

See more properties like this

*Disclaimer and call rate information...