Enys Road, Eastbourne
- PROPERTY TYPE
Terraced
- BEDROOMS
10
- BATHROOMS
3
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 10 bed HMO
- Close to Local Amenities
- Close To Station
- Sought After Location
Description
Milestone Sales proudly presents a remarkable investment opportunity - a sprawling 10-bedroom House in Multiple Occupation (HMO) with unique features that set it apart in the vibrant real estate landscape of Eastbourne.
Property Highlights:
10 Bedrooms (9 Rooms with 1 Studio Flat)
Kitchenettes in Each Room
Two En-suite Rooms
Two Additional Shower Rooms and W/C's
Electricity-Only
Currently Generating £57,840 Per Annum
Investment Potential:
Situated over four floors, this substantial property generates an impressive £60,000 per annum, showcasing its lucrative investment potential. With meticulous planning, the projected income is expected to rise to an outstanding £72,000 per annum.
Occupancy and Tenant Comfort:
All ten rooms are currently fully occupied, reflecting the property's desirability. Each tenant enjoys the convenience of their own kitchenette, adding an extra layer of independence and comfort to their living space.
Shower Facilities:
Ensuring tenant convenience, the property features two en-suite rooms, complemented by two additional communal shower rooms and W/C's. The potential for additional en-suites in other rooms exists, providing an opportunity to maximize rental income further.
Period Charm Meets Modern Convenience:
This property seamlessly blends old-world charm with modern comfort. Original period features, spacious accommodation, and high ceilings evoke a sense of character and uniqueness, making it an attractive investment in the historic Eastbourne area.
Potential for Individual Electricity Meters:
While currently serviced by a single electricity supply, the property presents an exciting opportunity to reintroduce individual electricity meters. The infrastructure is in place, offering potential for enhanced flexibility in utility management.
Fees:
A 1% + VAT fee is applicable, providing comprehensive support and services throughout the investment process.
Contact Us:
For detailed information, property viewings, or to discuss this exceptional investment opportunity further, please contact Milestone Sales today. Seize this chance to be part of an investment that seamlessly marries history with modernity!
Tenure: Freehold
Brochures
Brochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Off street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Private garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Enys Road, Eastbourne
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Eastbourne Station0.3 miles
- Hampden Park Station1.4 miles
- Polegate Station3.6 miles
About the agent
Milestone Group, Eastbourne
39-41 Seaside, Eastbourne, BN22 7NB
Welcome to Milestone Group - Your Gateway to Specialist Investment and Engineering Services
At Milestone Group, we pride ourselves on being industry leaders in providing specialist investment and engineering services. With a team of national specialists and a network of high-end national and international buyers, we are your trusted partner in achieving exceptional results for your investment and engineering needs.
Milestone Group work with over 10,
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference RS0176. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Milestone Group, Eastbourne. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Milestone Group, Eastbourne on 01323 403369.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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