*Guide | £475,000+ (plus fees)
- End of Terrace House
- 6 Bedrooms
- Tenure: Freehold. Opportunity to acquire via a share sale of the SPV limited company, offering potential Stamp Duty savings of approx. £50,000, with £270,000 of tax losses (available by separate negotiation). All buyers should seek independent professional advice to confirm the tax or Stamp Duty savings applicable to them.
Call the team on 020 7625 9007 for more information
A Six Bedroom End of Terrace HMO Fully Let Producing £66,960 Per Annum
The property comprises a six bedroom end of terrace HMO (licensed for 11 people) arranged over ground and two upper floors.
Tenure
Freehold. Opportunity to acquire via a share sale of the SPV limited company, offering potential Stamp Duty savings of approx. £50,000, with £270,000 of tax losses (available by separate negotiation). All buyers should seek independent professional advice to confirm the tax or Stamp Duty savings applicable to them.
Location
Situated on a residential road close to local shops and amenities. Eastbourne Beach is within easy reach. Transport links are provided by nearby Eastbourne rail station.
Accommodation
Ground Floor 2 x Double Letting Rooms (with En-Suite) 1 x Single (with En-Suite) First Floor 1 x Double Letting Room (With En-Suite) Communal Kitchen Spare Bathroom Housekeeper room WC Second Floor 2 x Double Letting Rooms (with En-Suites) Laundry Room
Exterior
The property benefits from a rear yard with cycle storage.
Tenancy
Each letting room is subject to an individual tenancy at a combined rent of £5,540 pcm with scope to increase. Please refer to the full tenancy schedule in the legal pack for more details
Current Rent Reserved
Current Combined Rent £66,480 per annum
Energy Efficiency Rating (EPC)
Current Rating C
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
Floor Plans
Click the image to view the full-sized floorplan.
