Floorplans
Guide Price: £600,000+
Freehold Residential Investment
Extremely rare opportunity to be able to purchases this freehold residential investment comprising of 4 self contained flats as follows.
Lower Ground Floor
Currently vacant being marketed at £1,100 pcm
Ground Floor
1 bedroom flat currently let at £850 per month
First Floor
Studio flat currently let at at £750 per month increasing to £775 per month on 15th April 2023
Second Floor
Studio flat currently let at £725 per month increasing to £750 per month on 25th April 2023
Total potential rent when fully let of £41,700
Situated in the ever popular Roundhill Crescent, close to near by universities on an accessible bus route which offers direct access into Central Brighton and Hove, Brighton Marina with its seafront, cinemas and bowling alley, which can also be easily accessed by using the cycle lanes throughout the city. Local shopping is on the doorstep in Lewes Road.
We are advised that the adjoining property, number 12, has converted the upper 2 floors into a 2 bedroom maisonette therefore subject to necessary consents, it is considered possible that the first and second floor studio flats are able to be combined to form a maisonette thereby providing for a significant uplift in value
TO SELL YOUR PROPERTY IN OUR NEXT AUCTION PLEASE DO CALL US NOW
Property details
- SOLD BY LEXTONS AUCTIONS
- Freehold Residential Investment
- 4 Self Contained Flats
- Rental Income Increasing to 39,780 Per Annum
- Superb Location
- Perfect Buy to Let Investment
- Break Up Value Included
- EPC Ratings D,D,D,E
- Further Development Potential SPP
Guide Price: £600,000+
Freehold Residential Investment
Extremely rare opportunity to be able to purchases this freehold residential investment comprising of 4 self contained flats as follows.
Lower Ground Floor
Currently vacant being marketed at £1,100 pcm
Ground Floor
1 bedroom flat currently let at £850 per month
First Floor
Studio flat currently let at at £750 per month increasing to £775 per month on 15th April 2023
Second Floor
Studio flat currently let at £725 per month increasing to £750 per month on 25th April 2023
Total potential rent when fully let of £41,700
Situated in the ever popular Roundhill Crescent, close to near by universities on an accessible bus route which offers direct access into Central Brighton and Hove, Brighton Marina with its seafront, cinemas and bowling alley, which can also be easily accessed by using the cycle lanes throughout the city. Local shopping is on the doorstep in Lewes Road.
We are advised that the adjoining property, number 12, has converted the upper 2 floors into a 2 bedroom maisonette therefore subject to necessary consents, it is considered possible that the first and second floor studio flats are able to be combined to form a maisonette thereby providing for a significant uplift in value
TO SELL YOUR PROPERTY IN OUR NEXT AUCTION PLEASE DO CALL US NOW
