Three flats plus vacant commercial unit offering immediate rental income potential.
Chain free freehold building directly off Eastbourne seafront
This freehold mid-terrace building on Terminus Road offers a compact, income-producing asset directly off Eastbourne seafront. Arranged as three self-contained flats (two one-bed, one two-bed) above a vacant commercial unit, the property is chain free and currently produces approximately £27,000 per annum from the residential lets.
For an investor the location is the key draw: seafront proximity, excellent mobile and fast broadband, and plentiful local amenities and transport links supporting rental demand. The flats are occupied on assured shorthold tenancies, providing immediate income, while the ground-floor commercial unit offers short-term added value potential once let or repurposed.
Buyers should be aware of material considerations. The building is a pre-1900 solid-brick terrace with assumed lack of cavity wall insulation and likely period maintenance requirements. There is no private garden and internal space is modest for a four-bedroom total across units. The surrounding area records very high crime and high deprivation indices — factors that can affect tenant profile, management needs and insurance/void risk.
This is suitable for a buy-to-let investor or small portfolio buyer comfortable with hands-on management and targeted refurbishment. Potential upside can be realised by letting the vacant commercial unit, improving energy performance, and refurbishing to increase rents, but buyers should budget for works, surveys and active tenancy management.
6 bedroom terraced house for sale in Terminus Road, Eastbourne, BN21 — £680,000 • 6 bed • 3 bath • 560 ft²
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Commercial property for sale in 198-200 Terminus Road, BN21 — £1,000,000 • 1 bed • 1 bath • 1505 ft²
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