£385,000
7 bed terraced house for saleCambridge Gardens, Hastings TN34
7 beds
7 baths
6 receptions
Freehold
About this property
6 bedroom guest house
Off road parking
Town centre location
Freehold investment opportunity
Basement flat included
Summary
Opportunity to purchase this six bedroom guest house with self contained one bedroom flat situated in the centre of Hastings Town.
Description
Great investment opportunity in the heart of Hastings town centre
Freehold of a Victoria terrace guest house currently laid out as a self-contained lower ground floor one bedroom apartment with courtyard garden access and own parking space, and the upper floors as six separate guest rooms all with en-suite shower rooms.
The self contained flat can be let at circa £800 pcm
The guest rooms at circa £550 pcm x 6
Giving income at circa £4,100 pcm / £49,200 pa Offering a potential 14% yield gross.
In addition, for a quick return on investment the self contained flat can have its own new lease created and sold off for circa £140,000.
The property is offered with advantage of vacant possession and all viewings are strictly by appointment.
Basement Flat
Living Room 13' x 13' ( 3.96m x 3.96m )
Kitchen
Bathroom 7' 10" x 9' 2" ( 2.39m x 2.79m )
Bedroom 10' 6" x 16' 1" ( 3.20m x 4.90m )
Guest House
Ground Floor Level
Entrance Hall
Bedroom 13' 1" x 15' 1" ( 3.99m x 4.60m )
En Suite
Bedroom 10' x 10' 1" ( 3.05m x 3.07m )
En Suite
Store Room
First Floor Landing
Bedroom 10' 9" x 11' 2" ( 3.28m x 3.40m )
Walk In Wardrobe 6' 1" x 9' 10" ( 1.85m x 3.00m )
En Suite
Bedroom 9' 10" x 10' 8" ( 3.00m x 3.25m )
En Suite
Store Room
Second Floor Landing
Bedroom 10' 10" x 13' 9" ( 3.30m x 4.19m )
En Suite
Bedroom 8' 6" x 10' 2" ( 2.59m x 3.10m )
En Suite
Bedroom 6' 1" x 13' 1" ( 1.85m x 3.99m )
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Opportunity to purchase this six bedroom guest house with self contained one bedroom flat situated in the centre of Hastings Town.
Description
Great investment opportunity in the heart of Hastings town centre
Freehold of a Victoria terrace guest house currently laid out as a self-contained lower ground floor one bedroom apartment with courtyard garden access and own parking space, and the upper floors as six separate guest rooms all with en-suite shower rooms.
The self contained flat can be let at circa £800 pcm
The guest rooms at circa £550 pcm x 6
Giving income at circa £4,100 pcm / £49,200 pa Offering a potential 14% yield gross.
In addition, for a quick return on investment the self contained flat can have its own new lease created and sold off for circa £140,000.
The property is offered with advantage of vacant possession and all viewings are strictly by appointment.
Basement Flat
Living Room 13' x 13' ( 3.96m x 3.96m )
Kitchen
Bathroom 7' 10" x 9' 2" ( 2.39m x 2.79m )
Bedroom 10' 6" x 16' 1" ( 3.20m x 4.90m )
Guest House
Ground Floor Level
Entrance Hall
Bedroom 13' 1" x 15' 1" ( 3.99m x 4.60m )
En Suite
Bedroom 10' x 10' 1" ( 3.05m x 3.07m )
En Suite
Store Room
First Floor Landing
Bedroom 10' 9" x 11' 2" ( 3.28m x 3.40m )
Walk In Wardrobe 6' 1" x 9' 10" ( 1.85m x 3.00m )
En Suite
Bedroom 9' 10" x 10' 8" ( 3.00m x 3.25m )
En Suite
Store Room
Second Floor Landing
Bedroom 10' 10" x 13' 9" ( 3.30m x 4.19m )
En Suite
Bedroom 8' 6" x 10' 2" ( 2.59m x 3.10m )
En Suite
Bedroom 6' 1" x 13' 1" ( 1.85m x 3.99m )
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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