Keymer Avenue, Peacehaven

Property Details: • Type: Apartment • Tenure: LEASEHOLD • Floor Area: 549 sqft

Key Features: • Cash Purchase Only • Balcony • Corner Sea View • Parking Space • Lift Access • Ensuite Bathroom

Location: • Nearest Station: Newhaven Town Station • Distance to Station: 2.124309284620226 miles

Agent Information: • Address: 64 Queens Road Brighton BN1 3XD

Full Description: CASH BUYERS ONLY | £135,000 | POTENTIAL 8.9%–10.7% GROSS RENTAL YIELD<br /><br />A bright and well-presented one-bedroom apartment with a private south-facing balcony, sea views and allocated parking, offering a particularly interesting opportunity for cash buyers and investors.<br /><br />Set on the second floor, the apartment has a modern, open-plan layout and benefits from plenty of natural light throughout.<br />The apartment has a bright open-plan kitchen and living space, with integrated appliances and patio doors opening onto a private south-facing balcony with views across Peacehaven towards the sea.<br /><br />The double bedroom benefits from built-in storage and an en-suite bathroom, alongside a separate WC and additional hallway storage.<br /><br />Further benefits include secure communal access, lift access to the second floor and allocated parking. South Coast Road is moments away, offering local shops, amenities and excellent bus connections towards Brighton and Newhaven, with the coast also within easy reach.<br /><br />INVESTMENT OPPORTUNITY<br /><br />At an asking price of £135,000, we think the numbers here are particularly attractive for investors.<br /><br />MyHaus estimates a rental value in the region of £1,000–£1,200pcm, which would equate to a potential gross rental yield of approximately 8.9%–10.7%, depending on the rent ultimately achieved.<br /><br />With parking, outside space, sea views and good transport connections, the apartment has plenty of the features we look for in a rental property and could make an interesting addition to an investment portfolio.<br /><br />IMPORTANT INFORMATION<br /><br />Please note there is currently an absent head lessee and the property is therefore being marketed to cash buyers only. Buyers should seek independent legal advice regarding the leasehold arrangements before proceeding.<br /><br />Rental values and yields are estimates only. The quoted gross yield does not account for service charges, maintenance, management fees, taxation, void periods or other associated costs.<br /><br />