Compact, low-cost flat with strong rental prospects near parks and stations.
219-year lease remaining, no ground rent
This compact studio flat sits on the first floor of a Victorian terrace in a sought-after part of Eastbourne, ideal for buyers seeking a low-maintenance investment or a single-occupier pied-à-terre. The open studio layout is light-filled with high ceilings, a fitted kitchen and a separate three-piece bathroom; a built-in hallway cupboard adds useful storage. The long lease (219 years) and no ground rent provide secure tenure for buyers.
Practical running costs are favourable: council tax is in Band A and the reported service charge is £800 per year. On the downside the building is of solid brick construction with assumed no cavity insulation and heating is by electric storage heaters — expect higher heating costs and potential retrofit work if you prefer modern, efficient systems. Glazing type isn’t defined and the property was constructed before 1900, so buyers should allow for Victorian-era maintenance and check services.
Externally residents use a communal rear garden and there is a paved front area offering off-street parking. The location offers excellent transport links, fast broadband and good local amenities, with Gildredge Park and two nearby stations within walking distance. Crime levels in the immediate area are reported as high; prospective buyers should consider security measures and review local safety information.
Overall this studio represents an affordable entry to the Eastbourne market with strong rental demand and low immediate outgoings. It will suit investors seeking steady rental income or a first solo buyer wanting a well-located, compact home — but allow budget for potential heating, insulation and period-property upkeep after survey.
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