Summary - 36a, Gilda Crescent BN26 6AW
2 bed 1 bath Flat
Short-lease, cash-buy investment with garden and tenant demand.
Private rear garden included for tenants or personal use
This first-floor, two-bedroom leasehold flat in Gilda Crescent offers a compact investment opportunity in Polegate. The property includes a private rear garden, gas central heating, and double glazing installed before 2002. At about 481 sq ft the accommodation is small but practical and sits within a semi‑detached, post‑war building with solid brick walls.
The flat is already described as popular with tenants, so it could return an attractive rental yield for a cash buyer. On the downside the lease has only 42 years remaining — many mortgage lenders may refuse to lend — so this is effectively a cash-purchase opportunity unless the lease is extended. The EPC is D and the property will benefit from some modernisation to maximise rental value.
Buyers should note a few material points: above-average local crime levels, average broadband speeds, and assumed lack of wall insulation (solid brick construction). Council tax is low, and the location offers good local amenities and good mobile signal, with nearby schools and railway access that support tenant demand.
Overall, this is a straightforward buy-to-let/refurbishment prospect for a purchaser prepared to buy with cash or fund a lease extension. Expect some cosmetic and energy-efficiency work to unlock stronger rents and longer-term value.
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