3 bedroom end of terrace house for sale

St James's Street, BRIGHTON, East Sussex

£560,000

Property Description

Key features

  • Freehold Investment Opportunity
  • Three Flats
  • Central Kemp Town Location
  • 5.6% potential net yield
  • Modernisation Potential

Full description

Tenure: Freehold

Superb Freehold Investment Opportunity in this unique building in central Kemp Town. The building is split into three flats, comprising of two one bedroom flats and a studio flat as well as the freehold for the building.

Justin Lloyd lettings believe the studio flat could achieve £800pcm, the smaller one bedroom flat could achieve £925pcm and the larger could achieve £1000pcm. there is also a £600 service charge paid by the florist in the commercial unit every year. This would allow a for a yearly income of £33,000 allowing for a 5.8% net yield.

Property ref: 121_1393_4286813

Flat 1 
Studio Room
14' x 16' 9" (4.27m x 5.11m)
A spacious L shaped studio room with a well defined kitchen area. Feature Bay Window, ample storage.
Kitchen Area comprises of an electric oven and hob, sink/drainer and base units.

Bathroom
Bath and sink, decorated neutrally.

WC
Separate WC with toilet and sink.

Flat 2 
Entrance Hall
Entrance hallway with all rooms leading from this.

Living Room/ Kitchen
14' 1" x 12' 11" (4.28m x 3.93m)
Open plan living room and kitchen with feature bay window over looking St James Street.

Bedroom
11' x 9' (3.36m x 2.75m)
L Shaped bedroom with south facing window.

Bathroom
Modern shower room with a three piece suite including a low level WC, sink and shower room.

Flat 3 
Full details to follow

More information from this agent

Listing History

Added on Rightmove:
29 October 2016

Nearest stations

  • Brighton (0.7 mi)
  • London Road (Brighton) (1.1 mi)
  • Moulsecoomb (1.9 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Justin Lloyd, Kemp Town - Sales & Lettings

118 St. James's Street, BN2 1TH

01273 839229 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:

Justin Lloyd, Kemp Town - Sales & Lettings

118 St. James's Street, BN2 1TH

01273 839229 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)
  • London Road (Brighton) (1.1 mi)
  • Moulsecoomb (1.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Justin Lloyd, Kemp Town - Sales & Lettings

118 St. James's Street, BN2 1TH

01273 839229 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 4286813. 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 Justin Lloyd, Kemp Town - Sales & Lettings . 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.