This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

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


More information from this agent

Listing History

Added on Rightmove:
29 October 2016

Map & Street View

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.

* This is the maximum possible speed. Broadband speed may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by comparethemarket.com

Map data OpenStreetMap contributors.