Property description
Mr M has owned this property for a number of years as an investment and has enjoyed the income in which this property has generated. They have never had a problem finding a tenant for this property due to its location in Hastings Town Centre.
Situated in the heart of Hastings town centre, this one bed room ground floor flat could be seen as either a profitable investment or an ideal first time purchase. The accommodation comprises bay fronted living room, double sized bedroom, bathroom with a white suite and a shower over the bath and separate kitchen. In addition this property hugely benefits from a small terrace area situated to the rear of the property which could be seen as ideal for anyone who has a pet or would like a BBQ in the summer.
Lease details We have been advised by the current vendor that there is 75 years remaining on the lease. The service charge and ground rent is £700 per annum. The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.
Reception 3.4m (11'2) x 3.96m (13')
Kitchen 2.08m (6'10) x 1.96m (6'5)
Bedroom 1 3.07m (10'1) x 4.19m (13'9)
Bathroom 3m (9'10) x 1.37m (4'6)
Property Features :
- One bedroom flat
- Ground floor
- Ideal investment or residential purchase
- Small outside area
- Current rental yield of 5.9%