Property photos
Fixed price
£215,000
(£217.17/sq. ft)
Block of flats for sale
Fernside Avenue, St. Leonards-On-Sea TN38990 sq. ft
Local area information
Property location
Nearby amenities
- West St Leonards Primary Academy 0.2 miles
- Saxon Mount School 0.3 miles
- West St Leonards 0.6 miles
- St Leonards Warrior Square 1 mile
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for St. Leonards-On-Sea to find out more about the local area.
Features and description
Investment Consideration:
Rental Income: £7,800 p.a.
Asset management opportunity, flat is under rented. Erv: £14,400 p.a.
VAT is not applicable to this property
Comprises 3-bedroom residential flat at first/second floor and a ground floor takeaway (sold-off)
Situated in predominantly residential area within 1.2 miles from St. Leonards-on-Sea town centre, with occupiers nearby including Tesco Express, Hair and Beauty salon and more.
Property Description:
The property comprises 3-bedroom maisonette at first and second floor and takeaway shop at ground floor (sold-off), providing the following accommodation and dimensions:
Ground Floor: Takeaway (sold-off)
First/Second Floor: 92 sq m (990 sq ft)
3 bedrooms, kitchen, living room, bathroom
Tenancy:
The residential flat is at present let on AST (holding over) to an Individual at a current rent of £7,800 per annum.
The takeaway has been sold-off on long leasehold for a term of 999 years from November 2024 at ground rent of peppercorn.
Location:
St Leonards-on-Sea is a town and seaside resort in the Borough of Hastings in East Sussex. The property is situated in a parade of commercial units in a predominantly residential area of St Leonards, with occupiers nearby including Tesco Express, Hair and Beauty salon and more.
Rental Income: £7,800 p.a.
Asset management opportunity, flat is under rented. Erv: £14,400 p.a.
VAT is not applicable to this property
Comprises 3-bedroom residential flat at first/second floor and a ground floor takeaway (sold-off)
Situated in predominantly residential area within 1.2 miles from St. Leonards-on-Sea town centre, with occupiers nearby including Tesco Express, Hair and Beauty salon and more.
Property Description:
The property comprises 3-bedroom maisonette at first and second floor and takeaway shop at ground floor (sold-off), providing the following accommodation and dimensions:
Ground Floor: Takeaway (sold-off)
First/Second Floor: 92 sq m (990 sq ft)
3 bedrooms, kitchen, living room, bathroom
Tenancy:
The residential flat is at present let on AST (holding over) to an Individual at a current rent of £7,800 per annum.
The takeaway has been sold-off on long leasehold for a term of 999 years from November 2024 at ground rent of peppercorn.
Location:
St Leonards-on-Sea is a town and seaside resort in the Borough of Hastings in East Sussex. The property is situated in a parade of commercial units in a predominantly residential area of St Leonards, with occupiers nearby including Tesco Express, Hair and Beauty salon and more.
More information
Listed by
Blue Alpine Partners
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