Compact investment near Old Town amenities and the seafront.
Currently let at £800 pcm, immediate rental income
A compact, ground-floor one-bedroom flat in Old Town, Eastbourne, currently let at £800 per month — an immediate income option for buy-to-let investors. The property has been newly renovated with a modern fitted kitchen, shower room and UPVC double glazing, and benefits from its own private entrance and attractive rear views.
Practical running costs are modest: long lease (170 years), low annual ground rent (£50) and a below-average service charge (£600). Broadband speeds are fast and the location places local shops, Gildredge Park, and the seafront within easy reach, helping tenant demand in this sought-after part of town.
Notable considerations: heating is by slim-line electric units rather than gas central heating, which can be more expensive for tenants and may influence future energy costs. The overall size is small (approximately 420 sq ft) and the property is leasehold and being sold via online auction, so buyers should allow time to review auction terms and legal pack.
Overall, the flat offers a straightforward, low-management investment with a strong gross yield for the area and minimal immediate refurbishment required, balanced against modest space and electric heating.
1 bedroom flat for sale in Church Street, Old Town, Eastbourne, East Sussex, BN21 — £120,000 • 1 bed • 1 bath • 377 ft²
1 bedroom flat for sale in Church Street, Old Town, Eastbourne, East Sussex, BN21 — £120,000 • 1 bed • 1 bath • 420 ft²
1 bedroom apartment for sale in Church Street, Old Town, Eastbourne, East Sussex, BN21 1QJ, BN21 — £115,000 • 1 bed • 1 bath • 323 ft²
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1 bedroom apartment for sale in Flat 2 Linton House, 71 Langney Road, Eastbourne, East Sussex, BN21 3QD, BN21 — £95,000 • 1 bed • 1 bath • 560 ft²
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