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3 bed house for sale High Street, Seaford

Asking price
£425,000
Phillip Mann logo

Added yesterday

Type
House
Bedrooms
3
Bathrooms
2
Tenure
Freehold

Key features

  • INVESTMENT OPPURTUNITY
  • ESTIMATED 8% YIELD GROSS
  • THREE UNITS
  • CLOSE TO TOWN
  • FULLY CONVERTED UNIT
  • COURTYARD AREA
  • CURRENT TENANTS IN SITUE
  • MODERNISED MAISONETTES

About this property

A rare oppurtunity to purchase this freehold property containing three units, two of which have been fully converted into one and a two bedroom maisonettes with current tenants in situe and one ground floor commercial unit of a very generous size with a courtyard to the rear. AN ESTIMATED 8% GROSS YIELD ON ALL THREE UNITS. Entering the communal hallway, you will find both main flat entrance doors.

Council tax

Ask agent

Price guide

100 comparables · within 3 miles

Priced above 60% of the 3-bed houses for sale nearby right now.

This home, £425,000 Median £375,000 · £299,950 – £502,500

Compared with 100 3-bed houses for sale within 3 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

High Street, Seaford

Mortgage and stamp duty

Property price £425,000
£212k £638k
Deposit10% £43,000
£0 £425k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £382,000 mortgage. Most lenders would want a household income of about £85,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Area insights

The neighbourhood around this property.

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