20 bedroom detached house for sale

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20 bedroom detached house for sale

Gorringe Road, Eastbourne
£2,999,950

Price History

Initial price £3,400,000
28/01/25 £2,999,950
Price Change -11.77%

Description

This luxury investment opportunity in Eastbourne offers a substantial annual return of £263,040 with an impressive net yield of 8.76% after costs. The property features a unique mix of 11 self-contained studios, 1 two-bedroom apartment, and 7 luxury HMO rooms, all with en-suite bathrooms and premium fixtures and fittings. The building's interior has been completed to show home standards, with bespoke furnishings and high-end facilities. Located in a sought-after area, the property is within walking distance of the town centre and mainline train station, ensuring consistent tenant demand and maximizing income potential. The property is fully furnished, with modern amenities and energy-efficient features, and is completely debt-free with no borrowing or charges. With a 100% occupancy rate since opening, this is an unparalleled opportunity for investors seeking a high-yield, low-maintenance asset.