Block of Apartments for sale

Oriental Place Brighton

Offers in Excess of £1,500,000

Property Description

Full description

FREEHOLD INVESTMENT OPPORTUNITY; A chance to acquire one of two freehold buildings located in Oriental Place. Each building features 6 individual self contained properties. Oriental Place is a period building with flats converted inside. The building boasts an excellent location and sea views.

The property brings an income of circa £74,400.00 per annum for rent of all 6 individual flats. A yield of approximately 4.96%

Basement flat -
Currently let under a AST for £950.00 pcm
Well presented two double bedroom patio flat in fantastic seafront location. This Regency conversion benefits from a spacious front facing lounge with large sash windows and an open plan kitchen.
EPC rating: C

Ground Floor Flat -
Currently let under a AST for £850.00 pcm
EPC Rating C

Flat 3 -
Currently let under a AST at £900.00 pcm
1 bedroom converted flat on the first floor of a converted building. The property benefits from an open plan living room/kitchen area. The kitchen has recently been newly fitted. EPC rating C

Flat 4 -
Currently let under an AST for £1250.00 pcm. EPC Rating C

Flat 5 -
Expected rent of £1075.00 pcm after full renovation EPC Rating C

Flat 6 -
Expected rent of £1175.00 pcm after full renovation EPC Rating C.

Disclaimer (Wr) - These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.


More information from this agent

Listing History

Added on Rightmove:
16 May 2016

Nearest stations

  • Brighton (0.7 mi)
  • Hove (1.1 mi)
  • London Road (Brighton) (1.2 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Leaders, Western Road

119-120 Western Road, Brighton, East Sussex, BN1 2AD

01273 839290 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Leaders, Western Road

119-120 Western Road, Brighton, East Sussex, BN1 2AD

01273 839290 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Brighton (0.7 mi)
  • Hove (1.1 mi)
  • London Road (Brighton) (1.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Leaders, Western Road

119-120 Western Road, Brighton, East Sussex, BN1 2AD

01273 839290 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 26266974. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Leaders, Western Road. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.