3 bed block of flats for sale

Wickham Avenue, Bexhill-On-Sea TN39

Fantastic investment opportunity


An excellent opportunity to acquire a freehold investment comprising a commercial premises and three self-contained apartments, ideally situated in the heart of Bexhill town centre. The property generates a combined annual income of £35,460, representing an attractive annual yield of approximately 9.21%.

All four units are currently let on periodic tenancies, offering immediate rental income with future flexibility.

The accommodation includes a ground floor commercial unit, presently operating as a hairdressing salon, alongside a well-presented one-bedroom apartment benefiting from a south-facing courtyard garden.

To the upper floors, there is a further one-bedroom apartment on the first floor and an additional one bedroom apartment on the second floor. This well-located and income-producing asset is offered with the freehold of the entire building, making it an ideal addition to any investment portfolio.

About The Properties -

The investment currently generates a total monthly income of £2,955.00, comprising a ground floor commercial unit producing £520 per month, a one-bedroom ground floor apartment with a private south-facing courtyard achieving £845.00 per month, a first floor one-bedroom apartment generating £810.00 per month, and a top floor apartment also producing £780.00 per month.

The sale includes the freehold of the entire building, offering long-term security and control for the investor.

Location

The properties are ideally situated in Bexhill Town Centre, just a short stroll from the seafront promenades and the iconic De La Warr Pavilion. The town centre itself offers a wide range of well-regarded restaurants, cafés, and everyday shopping facilities, making it a highly convenient location.
Excellent transport links are available via Bexhill railway station, which provides regular services to Hastings, Eastbourne, Brighton, Gatwick Airport, and London Victoria.