Malvern Way, Hastings

£79,950

1 bedroom 1 bedroom 1 bathroom 1 bathroom
Current Rent: £425 Current gross yield: 6.4% Guaranteed Rent property
MODERNISATION REQUIRED.
Ms H the current owner thought;

"The property was an ideal investment, with low maintenance charges not eating into the capital and a great 6% yield. The fact the property has a well-kept communal garden and great views across Hastings it will make an appealing purchase for another investor or first time buyer."

The Location

Located just off the Ridge, few properties can boast such a myriad of brilliant amenities so close by including the Conquest Hospital, several schools, woodlands, Ore Village with its mixture of shops, cafes, and eateries, as well as Hastings Country Park the largest area of public open space, largest nature reserve and is a beautiful area of ancient gill woodland, maritime cliff and slope, cliff top grassland and mixed heather, lowland meadow and sustainably managed farmland, all sitting with the High Weald Area of Outstanding Natural Beauty.

The Property

Situated on the first floor of a modern purpose built block this one bedroom apartment is an ideal investment. Requiring modernisation throughout the property boasts a fantastic well-kept communal garden, good size double bedroom and spacious living area. Further benefits to the property are a long lease with reasonable maintenance charges.
The property is offered chain free.

Accommodation Comprises;


Entrance Hall


Lounge 13'9" x 9'4" (4.19m x 2.84m)


Kitchen 6'3" x 5'3" (1.90m x 1.60m)


Bedroom 13'2" x 10'2" (4.01m x 3.09m)


Bathroom


LEASE:
125 years from 1990

MAINTENANCE CHARGE:
£32.37 Per Month

GROUND RENT:
£10.00 Per year

COUNCIL TAX BAND:
A

Floor plans

EPC

View map

Downloads

Key Features

  • First Floor Flat
  • Double Bedroom
  • Well kept communal garden
  • Ideal Investment
  • Requires Modernisation
  • Chain Free

Call Hastings office 01424 723 523 37 Havelock Road Hastings East Sussex TN34 1BE

Arrange a viewing for the above property

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