Property Summary

A handsome Grade II listed red brick Victorian building with Dutch gable ornament and bay windows to front, back and sides. The property was converted circa 1995 into 8 self contained flats and all, bar one, are let on AST's. IN our opinion there is scope to increase the rent roll.

The garages at the rear are owned by another party and are therefore not included in the sale.

lot type

Residential Investments

situation

The property is situated in a sought after road, a short walk from the sea, Hove lawns, King Alfred Leisure Centre and Church Road with its wide range of shops, restaurants and bars. Tesco supermarket is nearby with Hove railway station with its links to Brighton and London a 10 minute walk away

accommodation

LOWER GROUND FLOOR
Flat 1: Living room, kitchen (with own separate entrance), bedroom & bathroom. Let at £795pcm
Flat 2: Living room, kitchen, bedroom & bathroom. Let at £725pcm

GROUND FLOOR
Flat 3: Living room, kitchen, bedroom & bathroom. Let at £825pcm
Flat 4: Large studio with archway to kitchen & bathroom. Let at £650pcm

FIRST FLOOR
Flat 5: Living room, kitchen, bedroom, bathroom & hallway with storage cupboard. Let at £675pcm
Flat 6: Living room with steps down to kitchen, bedroom & bathroom. Let at £750pcm

SECOND FLOOR
Flat 7: Living room, kitchen, bedroom, bathroom & hallway with storage cupboards. Let at £825pcm
Flat 8: Studio flat, separate kitchen & bathroom. Let at £675pcm

TOTAL GIA: 302 sq.m. (3,254 sq.ft)

private treaty - sale status

Under offer

type

Freehold investment property with 8 flats producing an income of £70,740pa when fully let

description

A handsome Grade II listed red brick Victorian building with Dutch gable ornament and bay windows to front, back and sides. The property was converted circa 1995 into 8 self contained flats and all, bar one, are let on AST's. IN our opinion there is scope to increase the rent roll.

The garages at the rear are owned by another party and are therefore not included in the sale.