Freehold residential investment in a Conservation area comprising 7 flats producing £68,400 pa Rarely available
An unusual opportunity to acquire this unbroken substantial Victorian 4 -storey semi detached property (built circa 1851/2 ) on the south side of a pair converted into 7 self contained flats which are all let on Assured Shorthold Tenancies.
The property has recently been the subject of refurbishment externally with a complete redecoration to all elevations. The lower ground floor flat has been refurbished as have 3 of the upper flats.
There is a car space to the front of the property - possibly 2 spaces if the front garden area was paved over.
Situated on level ground between Church Road (being the main shopping thoroughfare with bars and restaurants) and Hove seafront and promenade - this is a fantastic location in Central Hove and within the Cliftonville Conservation area. Hove mainline station is a 10/15 minute walk to the North. Brighton City Centre is within easy reach.
Administration Charge - Purchasers will be required to pay an Administration fee of 0.3% (0.25% plus VAT) of the sale price, subject to a minimum of £900 (£750 plus VAT)
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.