Guide price
£640,0006 bedroom block of apartments for sale
Cavendish Place, Eastbourne BN21
Chain-free
Block of apartments
6 beds
4 baths
Key information
Tenure: Leasehold | 99 yrs left
Ground rent: £50 per annum | review period: unconfirmed
Service charge: £500 per annum
Council tax: Band D
Broadband: Ultra-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.
About this agent
Full profileProperty listings
HOUSING DIRECT Provide unrivalled accommodation solutions to the public and private sector 24/7/365.