- A RARE OPPORTUNITY TO PURCHASE A FREEHOLD PROPERTY WITH 3 X SELF CONTAINED FLATS +
- THE PROPERTY IS BEING SOLD WITH NO ONWARD CHAIN +
- ALL OF THE FLATS HAVE CURRENT EICR CERTIFICATES +
- GREAT LOCATION WITH EASY ACCESS TO POLEGATE HIGH STREET AND TRAIN STATION +
- 2 X OFF ROAD PARKING SPACES +
- PROJECTED YEARLY GROSS INCOME £31,200 +
Investment Opportunity - Freehold Building with Three Self-Contained Flats, Station Road, Polegate BN26
Located in the heart of Polegate, just moments from the bustling high street and mainline railway station, this substantial freehold property presents an exceptional investment opportunity. Comprising three fully let, self-contained flats - two offering generous one-bedroom accommodation and a further two-bedroom flat arranged over the first floor - this well-maintained building currently generates a strong annual gross income of £28,800.
The property benefits from both private and off-street parking, a rare find in such a central location, ensuring ongoing appeal to tenants and enhancing its overall value. The entire building is presented in good order, with an individual entrance for the ground floor front and communal entrance for first floor flats, while the ground floor rear apartment is accessed via a communal entrance.
Accommodation in Detail:
- Ground Floor Front: This inviting one-bedroom flat boasts a private entrance, dual-aspect lounge, a sleek galley-style kitchen, spacious double bedroom, shower room, storage cupboard, and modern night storage heating. EPC rating D.
- Ground Floor Rear: Accessed via the communal hall, this apartment features a generous lounge/diner, contemporary kitchen, sizeable double bedroom, modern shower room, and efficient gas central heating. EPC rating C.
- First Floor Flat: With ground floor entrance and internal stair, this expansive two-bedroom apartment has a sizeable lounge/diner with an attractive bay window, a well-appointed kitchen/breakfast room, two double bedrooms, contemporary shower room, and storage cupboard. This configuration is ideal for families or sharers seeking space and light.
Location Highlights:
Station Road positions this property at the centre of Polegate's amenities, just minutes' walk from the mainline station-providing direct services to London, Brighton, and Eastbourne. The vibrant high street offers a range of independent shops, cafés, supermarkets, and services, with friendly community pubs and highly rated eateries on your doorstep. Excellent road links include easy access to the A27 and A22, ideal for commuters.