Summary - FARRINGTON COURT, 16 FLAT 10 OLD ORCHARD ROAD EASTBOURNE BN21 1DB
1 bed 1 bath Flat
Low-maintenance urban investment with immediate rental income and long lease.
Tenant in situ paying £650 pcm, immediate rental income
Compact footprint — c.398 sq ft; small one-bedroom layout
Share of freehold; 999-year lease from 1968
Service charge approx. £2,484 per year (paid £621 quarterly)
Electric storage heating only; higher running costs possible
Lift access, private balcony; no private garden
D EPC and slow broadband may affect tenant appeal
Local crime level above average — factor into lettings strategy
A compact one-bedroom flat in the heart of Eastbourne, offered with a tenant in situ — an immediate income-generating buy-to-let. The apartment sits on the second floor of a purpose-built 1960s/70s block with lift access, a private balcony and practical layout, making it easy to manage from afar or include in a portfolio.
The property benefits from a long lease (999 years from 1968) and share of freehold, with a current tenant paying £650 pcm. Its central location places shops, cafes, the train station and leisure facilities within easy walking distance, increasing rental demand and seasonal occupancy potential for coastal town living.
Buyers should note the flat is compact (approximately 398 sq ft) and would benefit from cosmetic updating to maximise rental value or re-let at higher rates. Heating is by electric storage heaters and main electrics are not communal; running costs and tenant appeal may be affected compared with gas-heated alternatives. Annual service charge is £2,484 and communal upkeep is managed, but owners should budget for these ongoing costs.
Other material considerations include a D EPC, slow broadband speeds in the area, and a local crime score above average. These factors will influence tenant mix and achievable rents and are important when assessing yield versus capital-growth potential. Overall, the flat is best suited to investors seeking a low-maintenance central Eastbourne holding with immediate rental income, or a first-time buyer comfortable with a small, city-centre apartment.
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