The Details

Floorplans Fees apply: Our fees Property ref: 12662241 Council tax band: C

Request a viewing

Floor plans for Bedford Square, Brighton property for sale in Seafront, Brighton by Coapt
Floor plans for Bedford Square, Brighton property for sale in Seafront, Brighton by Coapt
Floor plans for Bedford Square, Brighton property for sale in Seafront, Brighton by Coapt
  • Unique Investment Opportunity
  • 4 Bedroom HMO
  • Maisonette
  • 30% Share of Freehold
  • 989 Years on Lease
  • £37,440 pa rental Value
  • Circa 9.9% gross Yield Possible PA
  • EPC: D
  • Council Tax: C (Student Exemption Applies)
  • Asking: £375,000

Coapt are delighted to present this exceptionally rare opportunity to acquire a unique and highly lucrative investment property.

Positioned on Bedford square, with views of the sea, this Grade two listed building is of huge appeal to a range of tenant and buyer types, ensuring long term security of investment. The property holds a full additional HMO license, for four occupiers, and holds right of use as a C4 dwelling (HMO Planning consent). Currently occupied on a fixed term AST until summer 2025, the property returns a gross rental of £2,426 pcm. However, owing to the prime location of the site, and its condition, Coapt forecast a re-let value of £3,120 pcm.

£3329.40 Spanning the second and third floors of the building, the flat is one of five under the freehold. Each of these properties holds a share of freehold, though this flat has the larger share (30%), allowing for increased control on decisions made on the site. The service charge includes payments into the sinking fund, and totals just £277.45 a month, paid twice annually.

Holding the options of continued rental as a high retuning HMO, conversion to a high value residential dwelling, or re-sale to the residential market, this property boasts a range of lucrative future options.

Next...

01273 645797
enquiries@coapt.co.uk

Please quote the property reference 12662241 when enquiring.

Register with us
Subscribe to news

We are members of The Property Ombudsman and the National Landlords Association
The Property Ombudsman National Landlords Association

What's nearby?

  • Bars
  • Cafés
  • Convenience Stores
  • Dentists
  • Doctors
  • Hospitals
  • Laundries
  • Libraries
  • Off Licenses
  • Night Clubs
  • Pharmacies
  • Post Offices
  • Train Stations
  • Universities

Please note that any places of interest are from Google Places, we can't guarantee their accuracy or relevance, and Coapt does not endorse them in any way.