5 bedroom block of apartments for sale

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5 bedroom block of apartments for sale

Sackville Road, Bexhill On Sea, TN39
£405,000

Price History

Initial price £510,000
23/08/24 £465,000
17/09/24 £430,000
09/10/24 £405,000
Price Change -20.59%

Description

This block of apartments for sale is located in the heart of Bexhill town centre and offers a unique investment opportunity. The property comprises two studio flats and three one-bedroom flats, all of which are currently rented out, generating an annual income of £33,600. The vendor has advised that all units have long leases, providing a stable and secure income stream. The property is situated in a highly sought-after location, with all the shops, general facilities, and amenities needed on a daily basis, including a doctors' surgery, dentists, pubs, restaurants, pharmacy, and post office. Regular bus services and mainline train stations are also nearby, providing easy access to Eastbourne, Hastings, and London. This is a rare opportunity to purchase a freehold property with tenants in situ, and viewing is highly recommended.