Description

INVESTMENT OPPORTUNITY

LOCATION
The property is situated within its own private courtyard in Central Hove. Conveniently located within a 5 minute walk of Hove Mainline Railway Station and very close to the city centre.

DESCRIPTION
Unbroken freehold of 14 self contained one and two bedroom flats within its own private courtyard setting. There 7 x 1 bedroom flats and 7 x 2 bedroom flats each let on Assured Shorthold Tenancies producing just under £140,000 per annum however it is the considered opinion of the auctioneers that there is significant scope to increase the rents to their correct market value of just over £150,000 per annum.

TENURE

Freehold subject to existing tenancies

EPC

Please refer to legal pack.

SOLICITERS

Burnand Brazier Malcolm Wilson
72-76 Broadwater Street
West Worthing
BN14 9DH
Tel: 01903 235002
Contact: Julie Latham

  • For Further Details Please Call 01273 274014
  • Guide Price £2.75 – £3 million
  • Unbroken Block of 14 Self Contained Flats
  • 7 x 1 Bedroom and 7 x 2 Bedroom
  • Potential (STPP) for Additional Floor(s)
  • All Fully Let on Assured Shorthold Tenancies