This property is an exciting investment opportunity in the heart of bustling Kemptown, a short walk from Brighton seafront and its range of local amenities, schools and entertainment. Comprising of 3 self-contained flats and 1 spacious maisonette the whole building generates a total rental income of £4,940.00pcm (£59,280.00 per annum) giving a gross yield of 4%.
The property has been well maintained and would be an ideal turn-key investment for any landlord looking to add to their portfolio. Kemp Town continues to be incredibly popular area for tenants or buyers alike, with a variety of bars, cafes, shops and excellent night life on its doorstep. This has led to good capital growth in the area due to high demand.
Flat 1 Ground floor / basement maisonette 3 bed 2 bathrooms
Flat 2 First Floor 1 bed – open plan kitchen/living, study room on half landing
Flat 3 2nd Floor 1 bed – Separate roof terrace
Flat 4 3rd Floor 2 bed