We are delighted to announce the sale of an HMO located on Meads Street in Eastbourne.
This was an excellent opportunity to purchase a licensed 7-bedroom HMO with a gross annual income of £34,964. Accommodation laid out over 4 storeys, with 7 bedrooms, a communal living room, kitchen, bathroom and shower room. The property is situated in Meads Street, which is particularly popular for professionals and students due to Eastbourne College being within a close proximity.
Sold off of a leasehold price of £329,950.
HMOs are proving to be a very popular choice for investors at this time and we have many registered buyers actively seeking this type of property.
If you’re thinking of selling, please do give us to call to see how we can help.
May 2021