Kenilworth Road, St. Leonards-On-Sea

This impressive Victorian property spans five storeys and comprises three one-bedroom flats along with a spacious three-bedroom maisonette, making it an intriguing investment opportunity. The lower ground, hall, and first floors house the one-bedroom flats, which currently have tenants in place, while the top two floors feature a generously sized vacant maisonette that offers immediate potential for rental income. With a projected annual income of around £38,000 when fully occupied, this property could significantly enhance your investment portfolio. Although equipped with electric heating and predominantly double-glazed windows, the entire building requires modernisation to maximise its value and appeal. Additionally, there is a rear garden accessible from the communal entrance and basement flat, providing outdoor space. Located on a desirable road in central St Leonards, close to local amenities, this property presents an excellent renovation project for those looking to invest in the South East.