£1,750,000 /Sale price

East Sussex N/A

Overview

SUMMARY: Discover an opportunity with this East Sussex land for sale and available for £1,750,000 /Sale price. This could be your next ideal home or a smart investment. More details await.
A captivating ensemble of historic structures includes five currently tenanted converted units. With approved planning permission (Ref: RR/2002/2991/P), the property
is poised for further transformation, adding four additional units along with designated parking and gardens. Beyond the converted units, there is a substantial car park and a parcel of land, totaling approximately 1.1 acres, offering intriguing potential.This charming complex, comprising both leased and yet-to-be-converted units, enjoys a prime location. The existing five units are currently leased under Assured Shorthold Tenancies, generating an annual rental income of £53,340-below the prevailing market rates. These converted units boast gas central heating, parking facilities, and well-maintained gardens, presenting promising opportunities for further development.The four unconverted units, covered by the granted planning permission, are
earmarked for conversion into three 1-bedroom units and one 2-bedroom unit. This endeavor not only promises to enhance the property's overall appeal but also aligns with contemporary living standards. Don't miss the chance to be part of this exceptional property offering vast potential in a convenient and sought-after location.THE UNITS COMPRISEBLOCK A - UNIT 1 - UnconvertedCirca 55 sq.m. Approval for:Open plan kitchen/living/dining room;Home Office;Bathroom;Bedroom.BLOCK A - UNIT 2 - UnconvertedCirca 56 sq.m. Approval for:Entrance Hall;Open plan kitchen/living/dining room;Bedroom;Bathroom.STABLE COTTAGEConverted and Let.75 sq.m.Entrance Hall;Living Room;Dining Room;Kitchen;Bathroom;First Floor Landing;2 Bedrooms;Study Area.GARDEN COTTAGEConverted and Let.Shared Hallway;Kitchen;Dining Room;Living Room;First floor landing;2 Bedrooms;Bathroom.BLOCK A - UNIT 5Converted and Let.27 sq.m. Shared Entrance Hall;Open Plan kitchen/living/dining room;Bedroom;Bathroom.Potential to enlarge subject to any necessary consent.BLOCK B - PARK VIEWConverted and Let. 100 sq.m. Covered Porch;Entrance Hall;Living Room;Kitchen/Dining Room;Utility Room;Shower Room;2 Bedrooms;Attached Store/Garage;BLOCK C - UNIT 3 - Unconverted51 sq.m. Approval for:Entrance Hall;Open Plan Kitchen/Living/Dining Room;Bedroom with En-Suite.WISTERIA COTTAGEConverted and Let. 68 sq.m.Entrance Hall;Living Room;Kitchen;Bathroom;Separate WCFirst floor landing;Bedroom;Study.UNIT 4 - Unconverted62 sq.m. - Approval for:Entrance Hall;Open Plan Kitchen/Living/Dining Room;2 Bedrooms;Bathroom;Associated Parking;Garden;Large additional car park;Level Area of Lawn.Tenure: Freehold
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Details

  • Price: £1,750,000 /Sale price

Location

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This Land for sale is located at East Sussex N/A. The home has . This Land in East Sussex is for sale for £1,750,000 /Sale price.

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