Sold.co.uk - London

* CASH BUYERS ONLY * * TENANTS IN SITU - INVESTORS ONLY * We are thrilled to present this well-maintained 1-bedroom apartment, located on Richmond Road in the sought-after area of Pevensey Bay. This inviting home offers a bright and airy open-plan kitchen/living room, featuring dual-aspect windows that flood the space with natural light. The contemporary kitchen is equipped with sleek white cabinetry and a range of integrated appliances, perfect for modern living. The hallway leads to a spacious double bedroom with an ensuite shower room, offering comfort and privacy. Additionally, there is a separate WC, conveniently accessible from the hallway. Externally, the property benefits from resident parking at the rear, ensuring convenience for both owners and tenants. The apartment is ideally situated in Pevensey Bay, within walking distance of local amenities, including a pharmacy, convenience store, and a variety of restaurants. For commuters, Pevensey Bay Train Station is just a 10-minute walk away, offering direct services to Brighton and Hastings on weekdays. Currently, the property is being offered with tenants in situ, generating a monthly rental income of £795, delivering an attractive 7.3% yield. This presents an excellent opportunity for investors seeking a reliable income stream. We highly recommend scheduling a viewing to fully appreciate the potential this property offers.

Property reference SLD240949. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Sold.co.uk - London.

 OnTheMarket may have applied supplementary data to this property listing, including:

 Broadband availability and predicted speed: obtained from Ofcom on January 31, 2022

 Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

 Basic: Up to 30 Mbit/s 
 Super-fast: Between 30 Mbit/s and 300 Mbit/s 
 Ultra-fast: Over 300 Mbit/s

 The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: <a href="https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2">https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2</a>

 Mobile phone signal availability and predicted strength: obtained from Ofcom on January 31, 2022

 Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

 Clear: No bars, no signal predicted 
 Red: One bar, reliable signal unlikely 
 Amber: Two bars, may experience problems with connectivity 
 Green: Three bars, likely to have good coverage and receive a data rate to support basic web services 
 Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

 Energy Performance data and Internal floor area: obtained on July 7, 2015 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

 Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See <a href="https://www.onthemarket.com/terms/#other">here</a> for more information.

DISCLAIMER

Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.

Call rate information

Knowing the tenure is important because it affects your rights and costs associated with the property.

                                  If you do not know the tenure, you will not know how you will legally own the property and if there are any further costs & obligations you must comply with.
The remaining length of the lease may affect your ability to obtain a mortgage.

Tenure

Ground rent is paid under the terms of a lease to the owner of the land on which the property is built. If you do not know the ground rent, review period & conditions of review, you will be unaware of the additional costs that you may have to pay. These charges may also increase. Ground rent will not be charged for new leases granted from 30 June 2022 in England and Wales.

Ground rent

Service charges are the contribution towards the maintenance of shared amenities. If you do not know the amount, review period and conditions of review you will be unaware of the additional costs that you may have to pay. These charges may also increase.

Service charge

If you do not know the Council Tax band you will not know how much you need to pay.

Council tax

If you don't know the type of utilities which the property has, there may be additional costs, for example an adequate broadband connection may not be available.

Broadband

If you don't know the type of utilities which the property has, there may be additional costs, for example adequate mobile reception may not be available.

Mobile signal

If you don't know the type of utilities which the property has, there may be additional costs, for example if the water supply comes from a private well which requires regular maintenance or has water quality requirements.

Water

Knowing the nature of your heating supply is important as there may be additional considerations, for example if the property is not connected to the mains gas line and has an LPG heating system.

Heating

Knowing the nature of your electricity supply is important as there may be additional considerations, for example if the property is not connected to the national grid and has a generator instead.

Electricity

If you don't know the type of utilities which the property has, there may be additional costs, for example if the property has a septic tank that requires regular maintenance and emptying.

Sewerage

Property & houses for sale in Pevensey Bay

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Apartment on Richmond Road for sale

1 bedroom apartment for sale

Kitchen/Living Room

Bedroom

Ensuite

W.C.

Pevensey and Westham CofE Primary School

St Catherine's College

Langney Primary Academy

I am a first-time buyer

I have a property to sell

I have a property to let

I am an investor

I have recently sold

Other

ASAP

Within 3 months

3-6 months

More than 6 months time

Not sure

Pevensey Bay

Pevensey & Westham

Normans Bay

* CASH BUYERS ONLY * TENANTS IN SITU - INVESTORS ONLY *We are thrilled to present this well-maintained 1-bedroom apartment, located on Richmond Road in the sought-after area of Pevensey Bay.This inviting home offers a bright and airy open-plan kitchen/living room, featuring dual-aspect windows...

1 bedroom apartment for sale

Key information

Features and description

Rooms

About this agent

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