5 bed maisonette for sale

Seaside Road, Eastbourne, East Sussex BN21

This property is to be offered for sale by Property Solvers online unconditional auction (28-day immediate exchange).

Property Solvers Online Auctions is delighted to present this 1,458 sq ft top-floor HMO maisonette located on Seaside Road, Eastbourne, East Sussex. This property is perfect for an investor seeking a high-yield investment.

This substantial 5-bedroom HMO maisonette offers an exciting opportunity for investors seeking strong rental income and a property specifically suited to the highly sought-after shared accommodation market. Arranged to provide multiple bedrooms and communal living accommodation, this property is ideally positioned to appeal to professional tenants and other occupants seeking affordable, well-located accommodation in Eastbourne. The established HMO configuration provides investors with the opportunity to generate multiple rental streams from a single property, making this an attractive addition to an income-focused portfolio currently selling at a 20% gross yield.

For investors, the property's 5-bedroom HMO layout (159.42,138.92,110.26,96.90 sq ft), 3 bathrooms (31.35,30.25,15.81 sq ft) and spacious living room and fitted kitchen (273.34 sq ft) are key attractions, offering the potential for multiple income-producing rooms and an enhanced rental return compared with a traditional single-let property. Whether you are an experienced HMO operator looking to expand your portfolio or an investor seeking an opportunity with strong income-producing potential, Seaside Road offers a compelling proposition in a well-established Eastbourne location. Buyers should satisfy themselves regarding the current HMO licence, permitted occupancy, planning position and rental arrangements before proceeding.

Located on Seaside Road, the property benefits from a convenient Eastbourne location with a wide range of local shops, amenities, restaurants and transport connections close by. Eastbourne town centre and the seafront are also within easy reach, providing excellent connectivity and access to the area's employment, leisure and retail facilities. The location is well suited to HMO accommodation, with demand driven by tenants looking for practical and competitively priced housing close to the town's amenities.

More Information

The Property Solvers Auctions enquiry line is open 24/7 and we're happy to answer any questions.

28-day unconditional auction terms + conditions, aml requirements and fees are available on our website (Google "Property Solvers Auctions" and select "Auction Property for Sale" in the navigation).

The preliminary legal pack can be viewed directly via the auction listing itself. Property Solvers Auctions will update the legal pack and inform all parties that express interest in bidding. For conveyancing searches that are not received in time for the auction, a Professional Indemnity Insurance policy can be taken out.

Notice to Bidders

Please be aware that if your bid is successful on auction day, the exchange of contracts will happen immediately after the Auction. A 10% deposit will be required.

As part of the Property Solvers Online Auction process, bidders will be required to register online and provide proof of id documents (passport and photo driving license). For a full list of requirements, please see the legal pack documents.

Buyer Reservation Fee

A 2% + VAT (non-refundable) fee (subject to a minimum of £2,000 + VAT) plus a £125 + VAT processing fee will be due from the winning bidder.

Generally speaking, guide prices are provided as an indication of each seller's minimum expectation, i.e. 'the reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction.

Virtually every property will be offered subject to a reserve (a figure below which the auctioneer cannot sell the property during the auction) which we expect will be set within the guide range or no more than 10% above a single figure guide.