Hopwood House - Property Investment
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  • Call: +44 (0) 161 337 3890

8 Bedroom Period Terrace, Eastbourne


Property Details

  • Price: £535,000.00
  • Location: Eastbourne
  • Region: East Sussex
  • Country: United Kingdom
  • Reference: HH2UKEAS10CORN

Highlights

  • 8 fully let bedrooms
  • Close to seafront and other local amenities
  • 3.73% net yield on offer
  • Large period property over 4 floors
8 Bedroom Period Terrace

Hopwood House are pleased to offer for sale this extended 8 bedroom period terrace property in the heart of Eastbourne, BN21. This large period terrace is 2176 sq ft in total and is spread over 4 floors. It is ideally situated within 10 minutes walk to Eastbourne train station and is also less than 5 minutes walk to the stunning beachfront. It is currently fully let to 8 students and is mostly fully occupied giving the next lucky owner the peace in mind that this really is a fantastic buy.

The house briefly comprises of: lower ground floor converted in to two bedrooms with windows and two storage rooms, ground floor consisting of two bedrooms, kitchen, utility area and shower room and access to the rear courtyard with potential for off road parking, first floor offering a living room, additional kitchen/diner, one bedroom and a separate W/C, top floor having a further three bedrooms and another shower room.

Other great amenities include permit parking directly in front of the property, a local convenience store and selection of restaurants and bars just a few doors down.

Financials - 10 Cornfield Terrace, Eastbourne, BN21 4NN
Rent - £32,000 per annum
Property manager fee - £12,000 (optional)
Insurance - £500 - £600 per annum
Bills to be paid by the student tenants
EPC - D
Net yield - 3.73%

Purchase Process
1. Complete the reservation form and pay the £2,000.00
2. Instruct solicitors and receive legal and sales pack
3. Pay the remaining balance on completion of contracts

Highlights

  • 8 fully let bedrooms
  • Close to seafront and other local amenities
  • 3.73% net yield on offer
  • Large period property over 4 floors

Contact the Team

Call us on +44 (0) 161 337 3890 or contact us using the form below to arrange your free no obligation property consultation.

Client Testimonials

  • All the way through the process you have kept us informed and dealt with the negotiations in a most professional way.

    Audrey & Colin | Lancashire

  • "My wife and I were looking for purpose built student accommodation for investment and, notwithstanding that we were not their clients, the team at Hopwood House took the trouble to identify our goals and then set about helping us to achieve them."

    Peter Taylor | Student Accommodation Investment

Image Gallery - 8 Bedroom Period Terrace

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Hopwood House - Property Investment