Fantastic first home, holiday pad or, with an annual yield of 6.75%, Buy-To-Let

Filed under: Hastings | For Sale loft

Number of beds: 1

Smart, clean, good condition, recently decorated top floor one double bedroom flat, moments away from Hastings rail station (90 minutes to Central London), Hastings town centre and sea front.

Double-glazed throughout, entry phone, loft space, castle view and distant sea view - ideal first time buy or buy-to-let investment. Currently let on a short term basis at £600 per month, but expect no less than £450 per month (annual yield of
6.75%) on a standard 6 -12 month tenancy.
Worth noting that Hastings is definitely enjoying a marked renaissance - seeing fast-rising property prices and rental values, not least because of the continued improvements to transport plus the many new public and private enterprises now happening here; prestigious, world-famous Jerwood Gallery, rebuilding of Hastings Pier scheduled to open this spring, countless new bars, restaurants and shops - plus its proximity to some beautiful beaches and countryside, the unique Old Town, and nearby Central St Leonards with its plethora of art galleries, bars, antique shops and now, another interdependent arts house cinema.
So as well as a really convenient location, this property also offers very real prospects of healthy capital growth over the next few years. Just doing some basic internet research should tell you more.
The flat will come with a brand new 250 year lease and the service charges are £600 per 6 months - not the cheapest, but the management company are thorough and professional, and the communal areas are well looked after and regularly cleaned.

Living room - 14'8" x 7'7"
Kitchen/breakfast room - (white goods included) 9'11" x 8'9"
Bedroom 13'4" x 10'8" bathroom with additional electric shower 9' x 6'5"
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