Features

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  • FREEHOLD INVESTMENT FOR SALE
  • FIVE STOREY GRADE II LISTED BUILDING
  • PROMINENT SEAFRONT SQUARE
  • ARRANGED AT SEVEN FLATS
  • TWO TWO BEDROOM FLATS
  • THREE ONE BEDROOM FLAT
  • TWO STUDIO FLATS
  • CURRENT INCOME PER YEAR £70,000
  • POTENTIAL FOR HIGHER INCOME/AIR B N B
  • ASK AGENT FOR MORE DETAILS

Summary

Residential freehold investment for sale in a converted Grade II Listed five storey building located on this sought after seafront square opposite the I360 and derelict West Pier. The property is in good decorative order throughout and is arranged as seven self contained flats. The flats are all let and comprise of two studios, three one bedroom and two two bedroom.The property is conveniently located for Brighton seafront, Churchill Square shopping centre and Brightons famous Laines, Brighton mainline station is also within a mile.For further information please contact Ales on 01273 323000 or alex@brices.co.uk

Full Description

LOWER GROUND FLOOR

FLAT A
Entrance lobby, hallway, open plan lounge/kitchen, two double bedrooms, office/study, bathroom, utility/wc, rear patio. EPC rating C.
Currently let at - £1,350 - Current rental value - £1,750.
Condition - Good
Heating - Gas
Council tax band B

GROUND FLOOR

FLAT 1
Ground floor front - Entrance hall, lounge, kitchen, shower room, double bedroom, EPC rating D.
Currently let at - £650 - Current rental value - £1,100.
Condition - Good
Heating - Gas
Council tax band A

FLAT 2
Ground floor rear, entrance hall, shower room, kitchen, studio, (potential to convert to one bedroom subject to the necessary consemts), EPC D.
Currently let at - £725 - Current rental value - £950.
Condition - Good
Heating - Electric (gas point present)
Council tax band A

HALF LANDING

FLAT 3
First floor reatr, entrance hall, shower room, kitchen, studio, (potential to convert to one bedroom subject to the necessary consemts), EPC D.
Vacant - Current rental value - £950.
Condition - Good
Heating - Electric (gas point present)
Council tax band A

FIRST FLOOR

FLAT 4
Entrance hall, lounge, balcony, kitchen, bathroom, bedroom, EPC rating D.
Currently let at - £900 - Current rental value - £1,300.
Condition - Good
Heating - Gas
Council tax band A

HALF LANDING

STORAGE ROOM (2.44m x 1.24m (8' x 4'1))
Condition - Poor

SECOND FLOOR

FLAT 5
Entrance hall, lounge, kitchen, bathroom, shower room, EPC Rating ordered.
Currently let at - £650 - Current rental value - £1,200.
Condition - Good
Heating - Electric
Council tax band A

THIRD FLOOR

FLAT 6
Entrance hall, lounge, kitchen, bathroom, two bedrooms, EPC Rating D
Currently let at - £870 - Current rental value - £1,200.
Condition - Poor
Heating - Electric
Council tax band B

Viewing
Please contact us on 01273 323000 if you wish to arrange a viewing appointment for this property, or require further information.

Disclaimer
Brices endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.

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