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. accommodation Basement Flat (67sqm) 2 bedroom Flat with own entrance and rear garden. Let AST at £1350 pcm Ground Floor Flat 1: (25sqm) Studio Flat. Let AST at 650pcm Flat 2; (44sqm) 1 Bedroom Flat. Let AST at £750pcm First Floor Flat 3: (25sqm) Studio Flat.Let AST at £750pcm First Floor Flat 4: (25sqm) Studio Flat. Let AST at £750pcm Second Floor Flat 5: (26sqm) Studio Flat. Let AST at £775pcm Second Floor Flat 6: (25sqm) Studio Flat. Let AST £675 pcm

Lot Type

Residential Investments

Situation

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.

Additional Fees

Administration Charge - Purchasers will be required to pay an Administration fee of 0.5% (inc VAT) of the sale price, subject to a minimum of £1,500 (£1,250 plus VAT)

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.