Milestone Sales & Lettings Ltd says ..

Property Oracle says ..

This property presents a unique investment opportunity combining a commercial space (restaurant) with residential accommodation. The Athens Restaurant, located on Terminus Road in Eastbourne, is situated in a convenient location close to the seafront and with good transport links. However, the residential areas are presently under renovation and in a state of disrepair; requiring significant investment to bring it to a habitable condition. The photos show significant amounts of work required which may involve structural work and complete redecoration. The property benefits from a central location with local amenities and good schools nearby, enhancing its appeal as a potential family home once renovated. The limited exterior space is a notable drawback. The lack of precise property size data for comparable properties and limited data on the average price per square foot makes it difficult to precisely assess the value for money of the listed price. Potential buyers should obtain a detailed survey and factor in the costs of a full renovation before committing. The overall investment potential is complex and depends heavily on the successful execution and cost management of the renovation project. Due to the combination of the restaurant and residential property, more in-depth financial analysis would be recommended before purchasing.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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