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This property was removed from Dealsourcr.

4 Bed Terraced House, Single Let, Eastbourne, BN22 8AA £400,000

53 Ceylon Place, Eastbourne, East Sussex, BN22 8AA - 3 views - a year ago
  1. Deal Search
  2. Eastbourne
  3. BN22
  4. BN22 8AA
Under Offer
BTL
49 m²

ValuationOvervalued

This may not be accurate, please check manually.

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Property History

Listed for £400,000

November 25, 2024

Sold for £120,000

2001

Floor Plans

Description

  • Well Presented +
  • 1 x 2 Bedroom Garden Flat +
  • 2 x 1 Bedroom Flats +
  • 8% per annum +

8.4% Yield 3 x Flats ** Property Description:

Nestled in the heart of Eastbourne, Milestone Group proudly presents an exceptional freehold block comprising three immaculate flats, boasting a prime location and promising exceptional returns.

Situated at 53 Ceylon Place, this well-maintained building offers a blend of comfort and convenience, appealing to both investors and tenants alike.

Flat 1: A spacious 2-bedroom apartment commanding £1,050.00 per month.
Flat 2: Two elegant 1-bedroom flats, each fetching £875.00 per month.
Flat 3: With an upcoming increase in April, this 1-bedroom gem currently earns £900.00 per month.
Combined, these flats generate a remarkable monthly income of £2,825.00 or £33,900 per annum.

The building's impeccable upkeep and the flats' well-presented interiors ensure a desirable living environment for tenants, enhancing rental appeal and long-term value.

Don't miss this opportunity to acquire a centrally located freehold block with substantial income potential. Contact us today to arrange a viewing and secure your investment in this prime Eastbourne property.

Disclaimer:

Prospective buyers are advised to conduct their own due diligence and seek independent financial advice before making any investment decisions. The figures provided herein are for illustrative purposes only and should not be relied upon as guarantees of future performance.

Milestone Group does not accept any liability for inaccuracies or discrepancies arising from reliance on the information provided in these property particulars. All interested parties are encouraged to verify the accuracy of the information and seek professional advice where necessary.

Tenure: Freehold

Agent Details

Milestone Group, Eastbourne

01323 403369

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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