Summary - 54 CEYLON PLACE EASTBOURNE BN22 8AB
10 bed 3 bath House of Multiple Occupation
Well-located ten-bedroom investment with strong gross yield potential near transport links..
- Licensed for up to 13 occupants
- 10 bedrooms, two kitchens, three shower rooms over four storeys
- Potential gross income c. £78,000; gross yield ≈ 14.2% at asking price
- Freehold tenure with immediate HMO use
- Close to seafront, town centre and train station
- Kitchens dated; property requires modernization to maximise income
- Very high local crime rate and very deprived area classification
- Small plot and overall footprint limit expansion potential
A high-yield HMO opportunity in central Eastbourne, offered freehold and licensed for up to 13 occupants. Ten bedrooms across four storeys, two kitchens and three shower rooms make this adaptable income property for professional or student lettings. When fully let the property can produce around £78,000 gross annually, a projected gross yield of approximately 14.2% at the asking price.
The building is a Victorian terraced property close to the seafront and town centre, with excellent transport links to Brighton, Gatwick and London. The location benefits from nearby amenities and events that support demand from students, professionals and short-stay visitors. The accommodation is arranged over ground to top floor with a small rear yard.
Practical considerations for buyers: parts of the property are dated — kitchens show mid-20th century fittings and general modernization is needed to optimise rent and reduce voids. The local area is classified as very deprived with a very high crime rate, which may affect tenant profiles, management costs and insurance premiums. The building’s small plot and compact overall size also limit expansion potential.
This is a clear investment play for an operator who can manage an HMO in a challenging neighbourhood, complete cosmetic upgrades, and capitalise on strong rail and seaside demand. The HMO licence, existing layout and proximity to transport make it suitable for investors seeking an immediate revenue stream with scope to improve net returns through refurbishment and active management.
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