HMO in TN39

Cumberland Road, Bexhill-on-Sea, East Sussex, TN39 5BU

Brochure

Tenure: Freehold

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Starting bid£360,000

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Key Information

Parking: On Street

Property features

PROFESSIONALLY LET AND FULLY LICENSED HMO
FULLY FURNISHED
FIRE ALARM SYSTEM
GCH SYSTEM
UPVC DOUBLE GLAZING
COURTYARD GARDEN
APPROX £42,900 - £44,100 GROSS ANNUAL INCOME
129 SQ. METRES

HMO in TN39

For Sale Via Online Auction. Fees Apply.

This modern, fully compliant 5-bedroom, all-ensuite HMO offers a secure, income-generating investment in a highly desirable East Sussex location. Fully tenanted by working professionals, delivering stable rental income with no void periods since conversion. APPROX £42,900 - £44,100 GROSS ANNUAL INCOME.

ENTRANCE HALL

COMMUNAL RECEPTION ROOM, FITTED KITCHEN & LAUNDRY / BREAKFAST ROOM

1ST FLOOR LANDING : TOP FLOOR LANDING

FIVE DOUBLE BEDROOMS – EACH HAVING ITS OWN EN SUITE SHOWER ROOM / WC

LOCATION:

The property enjoys a pleasant location within this residential street with free on street parking. The property is conveniently located for nearby bus routes, a range of local shopping facilities in Sidley Village High Street, a Lidl supermarket and also Bexhill hospital. The nearest train station is Bexhill town centre. Bexhill-on-Sea is a charming East Sussex coastal town quietly becoming one of the South Coast’s most sought after spots for working professionals and key workers. With direct trains to Brighton, Hastings and London, it offers the perfect combination of connectivity, affordability and lifestyle, a rare find these days. Tenant demand is supported by Bexhill Hospital and 12 residential and nursing care homes within 2 miles of the property, providing a steady local employment base, while 3 nearby industrial sites add further professional and trade demand.

GROUND FLOOR:

UPVC double glazed front door to:

ENTRANCE HALL:

Door to the lounge. Door to:

Room 1. A large double room (suitable for a couple or single occupancy). With en suite shower room / WC.

COMMUNAL LOUNGE:

With feature marble fireplace. Door to:

COMMUNAL FITTED KITCHEN:

With fitted worksurfaces with good range of drawers and cupboards. Built-in oven & hob. American style double door fridge / freezer. UPVC double glazed French Doors lead out to the rear garden. Door to:

COMMUNAL LAUNDRY ROOM / BREAKFAST ROOM:

With fitted breakfast bar area. Washing machine and a tumble dryer.

Stairs from the entrance hall lead up to:

1ST FLOOR LANDING:

With three double rooms on the 1st floor, (Rooms 2, 3 and 4) each having its own en suite shower room / WC.

Stairs from the 1st floor landing lead up to:

2ND FLOOR (TOP FLOOR) LANDING:

With Room 5 being a double room with pleasant views and having its own en suite shower room / WC.

OUTSIDE:

A nice size decked rear garden, for the use of the residents. Access via the kitchen

Features
➔ Property Layout – 5 bed, 5 ensuite HMO, refurbed in 2024 to a modern standard
➔ Tenant Type – Fully tenanted by working professionals, delivering stable rental income with no void periods since conversion
➔ Strategic Location – Desirable East Sussex location close to key employers, amenities and coastline with strong tenant demand
➔ Transport & Connectivity – Strong rail links to London plus easy A27, A22 and regional road access
➔ Regeneration Benefits – Ongoing town centre, housing and coastal regeneration driving tenant demand

Description

A very well presented 3 storey end of terrace fully licensed HMO with stylish accommodation including 5 double bedrooms (all with en suite shower room/WC).

Location

The property enjoys a pleasant location within this residential street with free on street parking. The property is conveniently located for nearby bus routes, a range of local shopping facilities in Sidley Village High Street.

Tenure

SX110895 - Freehold

EPC

Rating C

Additional Information

For further information please contact our office directly on 0191 737 1154, or alternatively via email on commercial@pattinson.co.uk. With regards to viewing subject property, this is to be done strictly by appointment.

Open map Street view

This property is being sold subject to unconditional reservation fee auction terms and conditions.

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable.

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

More Information

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:

My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.

Any amount payable at the close of the auction must be paid within 1 hour.

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.

Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions.

More Information is available:

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

The legal pack is not yet available. The auction will not end until the legal pack has been made available here for at least 24 hours.

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