Compact, chain-free investment with projected £9,500 yearly income and balcony.
Chain-free first-floor one-bedroom flat, newly decorated
A compact, purpose-built one-bedroom flat on the first floor of Mayo Court, newly decorated and offered chain-free. The apartment includes a double-sized bedroom, a lounge with patio doors onto a small balcony, fitted kitchen and a bathroom with shower over bath. At about 431 sq ft the layout suits a single occupant, couple or buy-to-let investor seeking a straightforward tenancy property.
This flat is presented as an investment opportunity with a projected annual income of £9,500 and fast local broadband. Practical features include double glazing, off-street communal parking and a private lock-up shed. The property is all-electric with night storage heaters and has recently been refreshed internally, reducing immediate cosmetic work.
Notable practical facts for buyers: the flat is leasehold with approximately 88 years remaining, a service charge of around £1,102 per year (ground rent £10 included), and stair-only access (no lift). Heating is electric storage heaters only, which can increase running costs compared with gas. The surrounding area is classified as very deprived with above-average crime rates, so consider local management and tenant vetting if buying for rental income.
In short, Mayo Court offers affordable entry into Eastbourne property with an attractive projected yield and low council tax band. It will suit investors or first-time buyers accepting the limitations of a compact, electric-heated, leasehold flat in a challenged neighbourhood, and who value a turn-key, newly decorated property ready for tenancy or immediate occupation.
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