Tenanted five-bed terrace near Bexhill seafront with immediate contracted income.
Five double bedrooms across three floors, 1,815 sq ft total
Let to Stepping Stones Ltd; rent £30,000 p.a. until 31/03/2028
Sold freehold at public auction on 23rd October
Historic internal photos only; property not internally inspected
High local crime rate and area deprivation noted
Small rear plot; limited outdoor space
No flood risk; excellent mobile and fast broadband
Sale flagged with public notice/repossession
This three-storey Victorian mid-terrace presents a clear income-led opportunity for investors. Arranged over 1,815 sq ft, the house offers five double bedrooms, three bathrooms and flexible ground-floor reception space suited to longer-term lets or HMO conversion. The property is currently let to Stepping Stones (East Sussex) Limited from 01/04/2025 to 31/03/2028 at an annual rent of £30,000, giving a strong gross return against the guide price.
Built-period features include high ceilings, bay windows and decorative cornices that increase lettable appeal; the top-floor four-piece bathroom and sizeable kitchen/breakfast room add modern rental practicality. The sale will be by public auction (23rd October, 12:00) and the lot is offered freehold, simplifying transfer for buyers seeking an investment asset with immediate income.
Buyers should note important cautions: internal photographs are historic and the property has not been internally inspected, so condition is assumed from external and historic information only. The sale is subject to a public notice/repossession flag and the wider area scores as deprived with higher local crime — factors that can affect tenant demand and management costs. Plot size is small and there may be maintenance or refurbishment needs typical of Victorian stock.
For an investor focused on coastal towns, this Bexhill-on-Sea terrace gives scale, occupancy and a proven local rental market near amenities and transport links. The combination of immediate contracted income and period character makes it suitable for portfolio investors prepared to manage location-specific risks and carry any required refurbishment work.
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