Long lease and private entrance in Eastbourne’s popular historic quarter.
Let at £750 pcm with tenant keen to stay
A compact one-bedroom leasehold flat in Old Town, Eastbourne, currently let and offered as a buy-to-let opportunity with a long lease and low running costs. The first-floor apartment has its own private ground-floor entrance, UPVC double glazing, a modern fitted kitchen and shower room, plus a useful boarded loft room with a Velux window. From the rear windows there are far-reaching Downs views that add rental appeal.
The property is let at £750 pcm to a reliable tenant who is keen to stay, making immediate rental income possible from completion. Service charge and ground rent are modest (£600 and £50 pa respectively) and the remaining lease term is around 189 years, giving long-term security for an investor. Central location in the favoured Old Town places shops, Waitrose, parks and transport links within easy reach — Eastbourne town centre and the seafront are about a mile away.
Buyers should note material facts plainly: heating is via slimline electric heaters (no gas or central heating system), the EPC rating is E, and appliances, heating and hot water have not been tested. The lot is being sold at online auction under Secure Sale terms; buyers must allow for a 5% non-refundable deposit on exchange and a reservation fee (up to 6% inc. VAT, minimum £6,000) in addition to the purchase price. Prospective purchasers should review the legal pack and confirm lease details with their solicitor before bidding.
Overall this is a straightforward, low-maintenance rental with strong location credentials and immediate income potential, suited to investors seeking a long-lease, low-charge flat in Eastbourne’s sought-after Old Town.
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