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5 bed block of flats
Cambridge Gardens, Hastings, East Sussex TN34
£599,950
Cambridge Gardens, Hastings, East Sussex TN34
£599,950
Price History
Initial price | £650,000 |
21/08/25 | £599,950 |
Price Change | -7.70% |
Description
This is a rare investment opportunity to purchase a freehold block of three self-contained flats in a prime location in Hastings, just a short walk from the town center, seafront, and train station. The property consists of a garden flat with one bedroom and access to a private garden, a ground floor flat with one bedroom, and a top floor duplex with three bedrooms. The property has been fully refurbished with modern, clean, and well-maintained interiors, and features a central fire alarm system, comprehensive sound and thermal insulation, and a smart heating system. The property has been well-maintained and has seen over £100,000 spent on refurbishment in the last two years, making it ready to move-in or rent-out immediately. The property also has huge potential for conversion into a 10-room HMO, and has a proven track record of generating income through short-let rentals. With an asking price of £595,950, this is an ideal asset for investors looking for strong rental yield, short-let income, or long-term capital growth.