Marketed by
Eightfold Commercial ltd
Eightfold Property
74 Lewes Rd, Brighton and Hove, Brighton BN2 3HZ, UK
Under Offer
1 of 6
Key features
- MIXED USE FREEHOLD INVESTMENT- RETAIL & 7 BED HMO
- INCOME OF £73,650 PER ANNUM
- DESIRABLE HMO LOCATION CLOSE TO UNIVERSITIES.
- NET YIELD 9.98% - GROSS YIELD 10.51%
Description
A prominent 4-storey corner building, comprising a Class E premises at ground floor level, that is currently operating as a Barber Shop, with a 7-bedroom, 7 en-suite HMO arranged from basement to second floor. The current income from the property as a whole is £73,560 per annum, with the retail unit let at a rent of £13,500 per annum, and the HMO element let at a rent of £5,005 per calendar month (£60,060 per annum).
Unit Name: g | 428 sqft |
Unit Name: b | 1757 sqft |
Unit Name: g | 428 sqft |
Unit Name: b | 1757 sqft |
Reference: 348303_sales
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Marketed by
Eightfold Commercial ltd
Eightfold Property
74 Lewes Rd, Brighton and Hove, Brighton BN2 3HZ, UK
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