Property Details: • Type: Terraced • Tenure: FREEHOLD • Floor Area: N/A
Key Features: • Investment Opportunity • House of Multiple Occupation (HMO) • Consisting of 7 Bedsits over three floors. • Yields over £42k per annum • All seven rooms are bedsits with kitchenette facilities and share communal bathrooms. • Property is currently fully let • Close to Eastbourne town centre and the seafront
Location: • Nearest Station: Eastbourne Station • Distance to Station: 0.39805078604197447 miles
Agent Information: • Address: Covering Eastbourne
Full Description: We are delighted to present this exceptional investment opportunity, a well-maintained terraced house operating as a House of Multiple Occupation (HMO), ideally situated close to Eastbourne town centre and the vibrant seafront. This substantial property is arranged over three spacious floors and comprises seven individual bedsits, each thoughtfully designed to maximise comfort and privacy for tenants. Every bedsit is fitted with its own kitchenette facilities, allowing residents to enjoy a degree of independence while benefiting from the shared use of well-appointed communal bathrooms, which are maintained to a high standard. The property’s layout has been carefully considered to ensure a harmonious living environment, with each room enjoying ample natural light and a neutral décor that appeals to a wide variety of tenants. Currently fully let, the property yields an impressive income of over £42,000 per annum, making it a particularly attractive proposition for investors seeking a steady and reliable return. The communal areas are clean and functional, providing necessary amenities to support the needs of multiple occupants. The location places residents within easy reach of Eastbourne’s bustling town centre, with its array of shops, restaurants and leisure facilities, as well as the picturesque seafront, perfect for those who appreciate the convenience of urban living alongside the tranquillity of coastal surroundings. The property is well connected by public transport links, ensuring accessibility for professionals and students alike, and its proximity to local amenities further enhances its appeal to prospective tenants. This property represents a rare chance to acquire a high-yielding, fully operational HMO in a sought-after location, with the added benefit of a proven rental history and consistent occupancy. Whether you are a seasoned investor or new to the buy-to-let market, this property offers a unique blend of reliable income potential and long-term capital growth in one of Eastbourne’s most desirable areas. Early viewing is highly recommended to fully appreciate the scope and quality of this investment.
