BN21 11 Cornfield Terrace, Eastbourne

An opportunity to purchase this inner terraced unbroken freehold investment property.

The accommodation is configured over 5 main floors, including lower ground, ground, first, second and third floors, arranged as 5 self-contained flats.

The property is currently producing an annual income of approximately £43,500 per annum exclusive, however, the annual income will increase once the ground floor flat is tenanted. The ground floor flat was previously let at £1,100pcm which would bring the total approximate annual income to £56,700 per annum exclusive when fully occupied.

The property is located in Cornfield Terrace, close to the Memorial Roundabout and within Eastbourne's immediate town centre.

Numerous amenities are close by including The Beacon shopping centre, various cafes and restaurants and the famous Devonshire Park, home to the Lexus Eastbourne Open tennis tournament.

The mainline railway station, with direct links to London and Brighton, is within walking distance, as is the seafront.

Rental Income £43,500 pa

Potential income £56,700pa