Large, high-spec sea-front flat with proven short‑let income and panoramic bay views..
- Promenade-front apartment with panoramic Cross Bay views
- Very large internal area, approx. 1,421 sq ft
- Open-plan living/kitchen; quality fitted kitchen and appliances
- Two bedrooms with en‑suites plus mezzanine sleeping area
- Long lease (998 years); modest ground rent and service charge
- Currently a successful boutique Airbnb with regular income
- Medium flood risk; may affect insurance and management costs
- Local area: very high crime and very deprived; consider security
A rare seafront apartment with panoramic Cross Bay views and an exceptionally large internal area (approx. 1,421 sq ft). The property is presented to a high specification with an open-plan lounge/kitchen/dining room, quality fitted kitchen, two good-sized bedrooms with en‑suites, a mezzanine sleeping area and a walk-in wardrobe — currently operating successfully as a boutique Airbnb.
For investors or holiday-let operators the location is the principal draw: immediate promenade frontage, lift access, town‑centre amenities and strong tourist footfall. Long leasehold terms (998 years from 2015), modest annual ground rent and a below-average service charge make the tenure straightforward for rental management. Excellent mobile signal and a set of nearby good schools add rental appeal for longer‑let tenants too.
Buyers should factor in local and practical constraints: the area records very high crime levels and very high deprivation, broadband speeds are slow, and the property lies in a medium flood‑risk zone. Constructed around 1900–1929, the building has traditional stone walls which may lack modern insulation. These are important considerations for long-term management costs and insurance.
Overall this is a spacious, well-finished seafront apartment with proven short‑let income and strong potential if marketed to holiday guests. It suits investors or owner-occupiers seeking a prominent promenade base, provided they accept the local socio-economic challenges and take steps to manage flood and security risk.