Large multi-let period home with immediate rental income near the beach.
- Currently tenanted and generating £40,800 pa
An eight-bedroom period terraced house just off Eastbourne seafront currently let and producing £40,800 per year. Arranged over multiple storeys, the property includes five en‑suites, two reception rooms and a self‑contained one‑bed flat with garden access — providing immediate rental income and versatile layout for HMO or multi-let use. Double glazing and traditional high ceilings retain period character while offering practical living space.
This is a clear investment lot: tenancy agreement in place so income continues after purchase. The location is close to the seafront, local shops and transport links, which helps occupancy in this cosmopolitan, student‑orientated neighbourhood. The sale is freehold and the council tax level is described as affordable.
Buyers should note material negatives plainly. The area is recorded as very deprived with very high crime, which can affect tenant profiles and management costs. The plot and garden are small and the building appears to have solid brick walls likely without insulation (assumed), so improvement works may be needed to upgrade thermal performance. Services and appliances have not been tested; a buyer should commission surveys and service checks.
Suitable for investors seeking an income-producing coastal asset and for those prepared to manage tenancy or undertake modest refurbishment. The property offers strong immediate cashflow and conversion/fitting potential, but factor in ongoing management, possible upgrade costs and local area challenges when assessing value.
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