Unbroken Freehold Arranged As 3 Flats Currently Let At £30,000pa But 2 Tenants Have Recently Been Given Notice To Quit -Potential To Reconvert To A Single Dwelling House.

Freehold semi-detached four storey Victorian property located adjacent to Alexandra Park. The property is arranged as 3 self-contained flats - all are currently let producing an income of approximately £30,000* pa. To the front of the building is a driveway providing off road parking and to the rear is a communal garden. We have been made aware the property has some structural issues - further details are set out in the legal pack. Situation St Helens Park Road, is situated within the 'Blacklands' Conservation Area of Hastings, adjacent to Alexandra Park and within close proximity of Hastings town centre with it's array of shops, cafes and restaurants. Hastings mainline railway station is just over one mile from the property. Location Pin (What3Words): herbs.origin.orders https://w3w.co/herbs.origin.orders <NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, REFERRING TO OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE. PLEASE ENSURE YOU READ THE SPECIAL CONDITIONS THOROUGHLY Rent Leases There are three long leasehold interests registered against the Freehold title. For the avoidance of doubt the sale includes the Freehold and the three long leaseholds. Tenancies We have been informed by the owner, that the 3 flats within the property are let on an Assured Shorthold Agreements producing approximately £30,000pa*. We have not had sight of the AST agreements but understand a copy is to be uploaded to the legal pack.

Lot Type

Residential Investments

Accommodation

GARDEN FLAT (6a) Bedroom - Bathroom - Lounge/Kitchen - 1 Allocated Parking Space Total Floor Area - 50 sq.m. GROUND FLOOR FLAT Lounge/Kitchen Bedroom (1) Bedroom (2) Bathroom Total Floor Area - 61 sq.m. FIRST AND SECOND FLOOR MAISONETTE Kitchen Lounge Shower Room Bedroom (1) Bathroom Bedroom (2) Bedroom (3) Ensuite Shower Room Loft Space/Storage Cupboard Total Floor Area - 121 sq.m. EPC Rating Lower Ground Floor Flat - E Ground Floor Flat - D First and Second Floor Maisonette - D Council Tax Garden Flat - A Ground Floor Flat - A Ground and First Floor Maisonette - B

Additional Fees

Administration Charge - Purchasers will be required to pay an Administration fee of 0.5% (inc VAT) of the sale price, subject to a minimum of £1,500 (£1,250 plus VAT)

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.