This freehold investment opportunity presents a substantial building comprising 8 units, one of which is a detached bungalow to the side of the building, situated in close proximity to the beach. The property offers significant potential for improvement, as both the building and individual units would benefit from updating in order to maximise rental income. The layout includes a top floor flat that boasts attractive sea views, and all residents benefit from communal outside space and a private storage shed. This property is well suited to investors seeking a project with excellent long-term prospects in a sought-after coastal location.
Externally, the property offers a communal garden to the rear, mainly laid to stone, providing a low-maintenance space for residents to enjoy. A circular raised area adds interest to the garden, while a hard-standing and decked area offer further versatility for outdoor activities. Each unit is allocated its own shed for storage space, ideal for bicycles or garden equipment. To the front of the building, there are parking spaces, and a brick-built flower bed could be removed to create a another parking space if desired. The arrangement of the outside space ensures practicality and convenience for residents, while the proximity to the seafront enhances the overall appeal of this investment property.
The owners unit is not accounted for on the floor plan but have measurements of an open plan living area/kitchen - 3.52m x 3.62m, bedroom - 2.33m x 1.92m and a shower room.
Reference: 9a55e76c-6ad2-451e-8376-ad4aeb46f603
Simply fill out the form below or alternatively call us on 020 7839 0888
