Summary - 37, GROVE ROAD BN21 4TT
1 bed 1 bath Terraced
Income-producing shop and flat close to station with short-term commercial reversion.
Freehold mixed-use: ground-floor shop plus one-bedroom flat
A freehold mixed-use investment in Little Chelsea, Eastbourne, offering immediate rental income and clear short-term upside. The property comprises a ground-floor shop and a one-bedroom flat, producing a combined rent of £25,700 per annum and located minutes from the main train station.
Income is reliable today — the shop is let until February 2027 at £12,500pa and the adjoining flat generates c. £13,200pa. The apartment has previously performed strongly as an Airbnb (Superhost status), so there is flexibility to continue with long-term lets, short-term lets or owner-occupation after the lease expiry. Tall ceilings, Edwardian period character and a private courtyard add letting appeal and tenant demand.
Practical points for investors: the building dates from c.1900–1929 with solid brick walls and internal insulation; services and appliances have not been tested and should be surveyed. Heating is electric with a boiler and radiators; glazing is double but install date is unknown. The site sits in a busy town-centre location with excellent transport links and fast broadband, but the immediate area records higher crime levels and a small plot size.
This is a compact, income-generating freehold with short-term reversion risk on the commercial unit and straightforward potential to enhance returns through active management or refurbishment. Buyers should instruct surveys and verify service records, tenancy details and any planning constraints before purchase.
4 bedroom house for sale in Susans Road, Eastbourne, BN21 — £369,950 • 4 bed • 4 bath • 1888 ft²
3 bedroom mixed use property for sale in Terminus Road, Eastbourne, East Sussex, BN21 — £680,000 • 3 bed • 5 bath • 3509 ft²
Commercial property for sale in 198-200 Terminus Road, BN21 — £1,000,000 • 1 bed • 1 bath • 1505 ft²
3 bedroom terraced house for sale in Seaside Road, Eastbourne, BN21 — £400,000 • 3 bed • 2 bath • 3229 ft²
4 bedroom terraced house for sale in Ceylon Place, Eastbourne, BN22 — £400,000 • 4 bed • 3 bath • 506 ft²
1 bedroom mixed use property for sale in Little Common Road, Bexhill On Sea, TN39 — £300,000 • 1 bed • 1 bath
