Bonchurch Road, Brighton

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£1,350,000 Guide Price

Commercial bedrooms 12receptions 6bathrooms 6

Description

Key Features

  • Rarely Available
  • Freehold Block
  • 6 Self Contained Flats
  • All Let on AST's
  • Potential 5.6% Yield
  • CALL NOW

Full Description

Robert Luff & Co are delighted to offer to market this rarely available investment opportunity, ideally situated in this favoured Brighton location with local shops, the city centre, the famous Brighton university, the beach and mainline station all nearby. This freehold block comprises of two x ground floor two bedroom garden flats and four x two bedroom flats with balconies enjoying views over the city.

All six flats are let on AST's (assured shorthold tenancies) with a current income of £68,572 but with all rents at current market value firmly believe that should be £75,600. Providing a 5.6% return.