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.
SLAP BANG IN THE MIDDLE OF HASTINGS TOWN CENTRE WITH A HAPPY TENANT IN SITU. This three bedroom Maisonette is located on the first and second floor of this converted Victorian building and offers spacious accommodation throughout. Decorated to a good standard, this investment opportunity comprises of modern fitted kitchen, expansive living room, two double bedrooms, one single bedroom and a good sized family bathroom. Further benefits of this superb property include gas central heating, double glazing, long lease of 117 years remaining and a happy tenant in situ.
Lease details We have been advised by the current vendor that there is 117 years remaining on the lease. The service charge is as and when required and the ground rent is £100pa. The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.
Property Features :
- Three bedroom maisonette
- Rental yield of 5.5%
- 117 years remaining on lease
- Gas central heating
- Double glazing