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5 bedroom terraced house for sale
South Street, Eastbourne
£700,000
South Street, Eastbourne
£700,000
Price History
Initial price | £750,000 |
28/08/24 | £700,000 |
Price Change | -6.67% |
Description
This exceptional investment opportunity in Central Eastbourne offers a mix of commercial and residential spaces, with a projected 11% net ROI. The property, with a total Net Internal Area of 4,314 sq ft, comprises a commercial unit with a secured tenant paying £16,800 per annum, a one-bedroom flat with expected rental income of £1,050 per month, and a four-bedroom HMO with ensuite rooms that can be rented at £725-£750 per month. Located in a highly desirable area, the property benefits from strong tenant demand and stable rental income, with a total Estimated Rental Value of £63,300 per annum. With an asking price of £700,000-£725,000, this lucrative investment opportunity is not to be missed, offering a secure and profitable investment for any investor.