2 bed flat for sale

Collington Avenue, Bexhill-On-Sea TN39

Offered to the market as an excellent investment opportunity, this beautifully presented and generously proportioned two-bedroom first-floor apartment is situated in the highly sought-after Collington area of West Bexhill. Being sold with tenants in situ, who we understand are keen to remain in occupation, the property provides immediate rental income from day one. The flat has been continuously let for the past five years with no void periods and is currently achieving £1,100 per calendar month (£13,200 per annum), representing a gross yield of approximately 5.9% at the guide price of £225,000 (before outgoings)

The well-appointed accommodation comprises a welcoming entrance hall with useful storage, a bright and spacious living/dining room with a dedicated study area, a modern fitted kitchen with integrated appliances, two generous double bedrooms, one benefiting from built-in storage, and a contemporary bathroom suite. The property is presented in excellent order throughout and offers comfortable, low-maintenance living.

Ideally positioned within walking distance of local shops, a doctor's surgery, Collington railway station and the seafront, the apartment also benefits from a share of freehold, a very long lease and low service charges, further enhancing its appeal to investors. A rare opportunity to acquire a well-maintained, income-producing property in one of Bexhill's most desirable residential locations.

Lounge (5.36m x 3.53m (17'7" x 11'7"))

Kitchen (2.39m x 2.39m (7'10" x 7'10"))

Bedroom One (4.29m x 3.91m (14'1" x 12'10"))

Bedroom Two (4.01m x 2.72m (13'2" x 8'11"))

Bathroom (2.44m x 1.65m (8'0" x 5'5"))

Council Tax Band B - £2,100.74

Leasehold

The seller advises that the property is offered as share of freehold and has approximately 999 years from 25th March 1960 remaining on the lease. The service charge is £80 per month, there is no ground rent. The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.