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Donnington House, 24 Enys Road, Eastbourne, BN21 2DX

Overview

Description

Location

Donnington House comprises a mid-terrace block of 9x self-contained flats.

The property is located on Enys Road, Eastbourne, East Sussex.

The Local Authority is Eastbourne Borough Council.

Summary

Key points

  • Freehold ground rent investment opportunity.
  • Secured upon a mid-terrace residential building internally arranged to provide nine self-contained flats.
  • Seven flats subject to a 99-year lease.
  • Two flats subject to a 125-year lease.
  • Producing £1,400 ground rent income per annum.
  • The freeholder has the right to Manage and Insure the building.
  • We are inviting offers in excess of £12,500 for the freehold interest subject to existing long-leasehold tenancies.

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