Abbott & Abbott are offering for sale a spacious apartment ideal for a first time buyer or investor, situated in the heart of Bexhill Old Town.
The property consists of a good size ground floor studio apartment, currently let on an Assured Shorthold Tenancy Agreement at £500pcm.
This converted flat has a 24ft studio room with a separate kitchen, bathroom, and WC.
There is a long 990 year lease (from 1976), and with only two units within the building, annual costs are very low.
Two wall heaters, TV point, and a double storage cupboard.
Single sink unit, range of storage cupboards and drawers, work surfaces, built in oven, hob and hood, boiler cupboard, wall and floor tiling, phone point, and a wall heater.
Lease: 990 years from 1976 (944 years remaining)
Ground Rent: £50pa
Service Charge: 50% of the Building Insurance & 1/3rd of annual expenditure, 2022 - £300
EPC: Current E
Council Tax Band: A
Rother District Council
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