Crescent Drive North, Woodingdean, Brighton
Offers In Excess Of £1,600,000
Property Summary
A Freehold residential investment consisting of 9 flats and 7 bungalows. The 9 flats are let on Assured Shorthold Tenancies, consisting of 8 x 1 bedroom flats and a larger 3 bedroom flat with a garage, the flats are accessed via a private driveway at 126 Crescent Drive North.
To the South of the flats are 7 bungalows also let on Assured Shorthold Tenancies, which consist of 6 x 1 bedroom bungalow's and a larger 2 bedroom bungalow, all are accessed via 134 Crescent Drive North. The site also benefits from 2 car parks, communal gardens, 2 guest rooms and a Chapel.
There is possible development opportunities to add further units or re-develop the site, subject to necessary consents.
All tenants have been served section 21 notice on the 22nd August 2023, which expires on the 24th October 2023.
private treaty - sale status
SOLD 2024
type
Freehold Residential Investment Consisting Of 9 Flats And 7 Bungalows
description
A Freehold residential investment consisting of 9 flats and 7 bungalows. The 9 flats are let on Assured Shorthold Tenancies, consisting of 8 x 1 bedroom flats and a larger 3 bedroom flat with a garage, the flats are accessed via a private driveway at 126 Crescent Drive North.
To the South of the flats are 7 bungalows also let on Assured Shorthold Tenancies, which consist of 6 x 1 bedroom bungalow's and a larger 2 bedroom bungalow, all are accessed via 134 Crescent Drive North. The site also benefits from 2 car parks, communal gardens, 2 guest rooms and a Chapel.
There is possible development opportunities to add further units or re-develop the site, subject to necessary consents.
All tenants have been served section 21 notice on the 22nd August 2023, which expires on the 24th October 2023.