Summary - Flat 3, 37, Cavendish Place, EASTBOURNE BN21 3HX
5 bed 3 bath Terraced
Turnkey central investment with immediate rental income and period character.
Freehold Victorian terrace converted into three self-contained flats
Fully let on a single company tenancy — annual rent £40,200
Gross yield approx. 8% (turnkey income from completion)
Comprehensively renovated interiors; high ceilings and period features
Small plot with no private garden or significant external space
Basement/lower-ground unit sold on long lease and excluded from sale
Local area records very high crime and high deprivation — due diligence recommended
Mobile signal excellent and broadband fast for tenant demand
This freehold, mid-terrace Victorian property has been converted into three self-contained flats and offers immediate rental income. Located a short walk from Eastbourne town centre, station and seafront, it presents a turnkey investment with recent comprehensive refurbishment to the flats and communal areas.
Currently let on a single company tenancy generating £40,200pa (approx. 8% gross yield), the block suits landlords seeking simplified management and steady cash flow from day one. The period façade, high ceilings and bay windows add tenant appeal and longer-term capital potential in a central location.
Buyers should note material local and property factors: the wider area records very high crime and significant deprivation, the plot is small with no meaningful garden, and the lower-ground/basement accommodation is on a separate long lease and excluded from the sale. Although the flats appear recently renovated, images and older notes reference possible damp and some external repair work; purchasers should commission surveys and verify tenancy documentation and service arrangements.
Overall this is a pragmatic, city-centre investment: strong rental turnover and modernised interiors reduce immediate maintenance, but the location and specific lease exclusions require careful due diligence to match your risk and management strategy.
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