£147,500
1 bed flat for saleNewfield Lane, Newhaven BN9
1 bed
1 bath
1 reception
EPC Rating: E
About this property
Allocated Parking Space
Ground Floor
Ideal for Investors or First Time Buyers
No Onward Chain
One Bedroom
Share of Freehold
Description
The generously sized double bedroom sits at the front of the home and features a beautiful bay window, flooding the room with natural light. The bright and airy living room is ideally positioned at the heart of the flat, a welcoming space for relaxing or entertaining. To the rear, the well-appointed kitchen offers a range of wall and base units, providing storage and workspace. The modern shower room is fitted with a corner shower, WC, and wash basin.
Outside, you'll find a private rear patio garden with direct access to the allocated parking space behind which is owned by this flat as well as your own private entrance to the property.
While the property is presented in fair condition throughout, there's plenty of scope to update and add your own touch, making it an ideal purchase for those looking to create their perfect home or investment.
The property is able to achieve a 7.5% yield and is currently being let for £925.00pcm. The property has a share of freehold with a new lease of 999 years, there is no service charge and the maintenance is adhoc between both freeholders.
Situated in a popular location close to local amenities and public transport.
* 10 minute walk to the railway station
* Excellent bus links to Brighton, Lewes and Eastbourne
* 15 minute walk to the beach
* 5 minute walk to the river
* 10 minute walk to the ferry terminal
* 2 minute walk to the town centre
Tenure: Share of Freehold (99 years)
Maintenance on an adhoc basis.
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Tenure
Share of freehold
Service charge
Council tax band
Commonhold details
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