Meads Road
Eastbourne
guide price
£1,000,000
Tenure: Freehold
Ref: EBN121502
- Sale by modern auction (t&cs apply)
- Subject to an undisclosed reserve price
- Buyers fees apply
- Freehold investment opportunity
- Five self contained mansion flats
- Substantial detached period residence in prime meads location
- Current rental income of £77,000 per annum
- All flats currently let on ast's read more show less
monthly mortgage estimate
***FREEHOLD INVESTMENT OPPORTUNITY***
An exceptional opportunity to acquire a substantial detached residence in the desirable Meads area of Eastbourne, comprising five self-contained mansion flats, all currently let on AST's, producing a significant and immediate rental income of £77,000 per annum.
An exceptional opportunity to acquire a substantial detached residence in the desirable Meads area of Eastbourne, comprising five self-contained mansion flats, all currently let on AST's, producing a significant and immediate rental income of £77,000 per annum.
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Council Tax Band: C
Tenure: Freehold
floor plans
in detail
Fox & Sons present to market this exceptional opportunity to acquire a substantial detached freehold residence in the highly desirable Meads area of Eastbourne, comprising five self-contained mansion flats, all currently let on Assured Shorthold Tenancies, producing a significant and immediate rental income of £77,000 per annum.
The accommodation comprises two ground floor mansion flats with private front and rear gardens, one first floor mansion flat, one second floor (top floor) mansion flat, and one duplex mansion flat arranged over three floors. The property provides a diverse mix of spacious apartments with strong tenant appeal, making it an ideal addition to an investment portfolio.
Situated within one of Eastbourne's most prestigious residential locations, Meads is renowned for its tree-lined roads, elegant period architecture, close proximity to the seafront, South Downs National Park and excellent local amenities. Rarely do fully occupied freehold blocks of this nature become available, offering investors an attractive income-producing asset with long-term growth potential.
The accommodation comprises two ground floor mansion flats with private front and rear gardens, one first floor mansion flat, one second floor (top floor) mansion flat, and one duplex mansion flat arranged over three floors. The property provides a diverse mix of spacious apartments with strong tenant appeal, making it an ideal addition to an investment portfolio.
Situated within one of Eastbourne's most prestigious residential locations, Meads is renowned for its tree-lined roads, elegant period architecture, close proximity to the seafront, South Downs National Park and excellent local amenities. Rarely do fully occupied freehold blocks of this nature become available, offering investors an attractive income-producing asset with long-term growth potential.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.Flat 1 - Ground Floor
Private front and rear garden with two bedrooms and two reception rooms.Split Level Entrance Hall
Lounge
Dining Room / Study
Kitchen
Bedroom 1
Bedroom 2
Shower Room
Private Rear Garden
Private Front Garden
Flat 2 - Ground Floor
Private front ad rear garden with three bedrooms.Entrance Hall
Open Plan Lounge / Dining Room
Kitchen
Bedroom 1
Bedroom 2
Bedroom 3
Bathroom
Cloakroom
Private Rear Garden
Private Front Garden
Flat 3 - Ground Floor
Split level over 3 floorsEntrance Hall
Open Plan Kitchen/ Dining Room
Study Area
Lounge
Half Landing
Bedroom 1
Bedroom 2
Top Floor Landing
Loft
Bathroom
Flat 4 - First Floor
Entrance Hall
Kitchen / Breakfast Room
Open Plan Lounge / Dining Room
Bedroom 1
Bedroom 2
Bathroom
Flat 5 - Top Floor
Entrance Hall
Open Plan Lounge / Dining Room
Kitchen
Bedroom 1
Bedroom 2
Inner Hall
Bathroom
Utilities, rights & restrictions
Utility supply:
- Electric Mains Supply
- Water Mains Supply
- Heating Gas Central
- Broadband ADSL
- Sewerage Mains Supply
Rights and restrictions:
- Private rights of way No
- Public rights of way No
- Listed property No
- Restrictions No
Risks:
- Flooded in last 5 years No
- Flood defences Ask agent
- Source of flood Ask agent
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energy efficient rating
Monthly mortgage estimate
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Eastbourne team...
19 Cornfield Road
EASTBOURNE
East Sussex
BN21 4QD
EASTBOURNE
East Sussex
BN21 4QD
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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE
QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR
MORTGAGE.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**The 4.19% annual interest rate is based on the Connells Group average mortgage interest rate taken from this year YTD and is correct as at 17/03/2026.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**The 4.19% annual interest rate is based on the Connells Group average mortgage interest rate taken from this year YTD and is correct as at 17/03/2026.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.
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