Compact ground-floor flat close to shops and mainline station, ideal for buy-to-let.
Tenant in situ — investment only, immediate rental income
A compact one-bedroom ground-floor flat in Eastbourne town centre, offered with a sitting tenant and no onward chain. The property sits within easy walking distance of the Beacon shopping centre and the mainline rail station, making it straightforward to let to town-centre demand.
Practical features include a fitted kitchen, gas central heating with boiler and radiators, double glazing throughout and an average overall size of about 500 sq ft. The current setup delivers immediate rental income for an investor who wants a hands-off acquisition.
Important cautions for buyers: the flat is leasehold with approximately 57 years remaining — lenders may refuse mortgages on short leases and buyers should budget to extend the lease. The building dates from the early 20th century and has solid brick walls likely without modern insulation. The area records very high crime rates and high deprivation indices, which will affect tenant profiles and long-term capital growth.
Service charge is reported at £300 (below average) and council tax is very cheap. Prospective purchasers should verify tenancy terms, confirm lender criteria, and obtain a survey and leasehold pack before committing. This is a clear investor opportunity for someone comfortable managing a short lease and town-centre rental risks.
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