Get brand editions for Phillips & Still , Brighton

21 bedroom terraced house for sale

Atlingworth Street, Brighton, BN2 1PL

Sold STC £2,200,000

Property Description

Key features

  • A Fantastic Opportunity To Acquire Two 5 Storey Buildings Which Are Arranged Over 4 Maisonettes
  • 4 HMO's Consisting of A 7 Bed, 8 Bed, 4 Bed and A 3 Bed
  • Currently Rented at 125,500 Per Annum
  • In July 2019 The Income Will Rise to 132,000 Per Annum
  • Freehold With No Onward Chain
  • Sought After Location Just Off Brighton Seafront
  • Scope For Uplifts
  • In July 2020 annual income is expected to rise to 147,500 when the remaining 2/3 of the leases come

Full description

Tenure: Freehold

Investors Paradise! This is a fantastic opportunity to acquire two 5 storey buildings arranged as 4 maisonettes which are registered HMO's. Currently bringing in £125,000 income per year, then in July this will rise to £132,000 per year. At present the property is arranged as a 8 bed and a 7 bed upper maisonette, then a 4 and 3 bed ground and lower ground floor maisonettes. All four maisonettes have their own private entrances and the rooms are quite generously spacious. There are first floor balconies and a small rear patio for your tenants to enjoy and sit out in.

There is also scope for some uplifts to generate even more income, should you choose, As there is potential to create more bedrooms within the property, but of course you would need to obtain all the necessary consents etc before doing so.

Being situated towards the eastern end of the City, the location of this property is great for walking and cycling along the cliff tops and alongside the sea. Kemptown Old Village is nearby and offers all the requisite amenities such as a post office, bank, independent boutiques and shops, cafes, bars and restaurants. Nearby Brighton Marina is home to many recreation and leisure pursuits including a first class yachting marina, cinema complex and a large supermarket.  

PLEASE REFER TO FLOORPLANS FOR MEASURMENTS  


More information from this agent

Listing History

Added on Rightmove:
22 February 2019

Nearest stations

  • Brighton (0.8 mi)
  • London Road (Brighton) (1.2 mi)
  • Moulsecoomb (1.9 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:

Phillips & Still , Brighton

112 Western Road, BN1 2AB

01273 839238 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:

Phillips & Still , Brighton

112 Western Road, BN1 2AB

01273 839238 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 (0.8 mi)
  • London Road (Brighton) (1.2 mi)
  • Moulsecoomb (1.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Phillips & Still , Brighton

112 Western Road, BN1 2AB

01273 839238 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 101041002202. 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 Phillips & Still , Brighton. 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.

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