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Guide price

£1,000,000

10 bed terraced house for sale
Atlingworth Street, Brighton BN2

    • 10 beds

    • 4 baths

    • 2 receptions

  • EPC Rating: D

  • Chain free
  • Freehold

Phillips and Still

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About this property

  • A Fantastic Opportunity To Acquire A Freehold Five Storey HMO Property

  • Currently Rented At £98,280 Total Per Annum

  • Arranged As Two Maisonettes With Own Private Entrances

  • Sought After Location Just Off Brighton Seafront

  • No Onward Chain

  • The Perfect Investment Purchase

  • ***Guide Price £1.000,000 - £1.100,000***

***Guide Price £1.000,000 - £1.100,000*** Calling all investors! This five storey terraced house is arranged as two separate HMO's currently bringing in total rent of £98,280 per annum. The property is being offered with no onward chain and there is also scope for some uplifts to generate more income as well.

Investors Paradise! This is a fantastic opportunity to acquire an extremely spacious 5 storey terraced house arranged as 2 separate maisonettes which are registered HMO's. Currently bringing in £98,280 income per year. At present the property is arranged as a 3 bed lower maisonette, then a 7 bed upper maisonette. Both of these maisonettes have their own private entrances and the rooms are quite generously spacious. There is a first floor balcony and a small rear patio for your tenants to enjoy and sit out in.

"It should be noted that these two maisonettes have been continuously let for exactly 30 years now and with less than a 7-day void period between lets each year or usually each 2 year period. They are both currently let for the next one and a half years at the stated £98,280 annually. A very appealing feature for the larger groups of tenants in the upper maisonette is the 3 bathrooms and very large communal living / dining and kitchen area. Another big plus is that the properties are very well maintained and are situated in a superb location only 500 metres from the Palace Pier - a viewing is highly recommended. ".

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.

Lower ground and ground floor maisonette

lower ground floor

entrance hall

bedroom one 14' 6" x 14' 5" (4.42m x 4.39m)

bedroom two 13' 8" x 12' 2" (4.17m x 3.71m)

bathroom 9' 7" x 9' (2.92m x 2.74m)

cloakroom

ground floor

bedroom three 13' 8" x 12' 2" (4.17m x 3.71m)

living room 18' 10" x 16' 10" (5.74m x 5.13m)

kitchen 12' 4" x 9' 7" (3.76m x 2.92m)

1st, 2nd and 3rd floor maisonette

first floor

living room 20' 2" x 17' (6.15m x 5.18m)

kitchen 18' 10" x 11' 10" (5.74m x 3.61m)

store room 13' 1" x 9' 10" (3.99m x 3m)

second floor

bedroom one 13' 1" x 9' 10" (3.99m x 3m)

bedroom two 13' 9" x 11' 10" (4.19m x 3.61m)

bedroom three 16' 10" x 11' 10" (5.13m x 3.61m)

bedroom four 14' 10" x 8' 4" (4.52m x 2.54m)

shower room

cloakroom

third floor

bedroom five 13' 9" x 11' 10" (4.19m x 3.61m)

bedroom six 21' 9" x 11' 10" (6.63m x 3.61m)

ensuite cloakroom

bedroom seven 14' 10" x 8' 4" (4.52m x 2.54m)

ensuite cloak room

shower room

showeroom

outside

balcony

patio garden

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Property descriptions and related information displayed on this page are marketing materials provided by - Phillips and Still. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Phillips and Still for full details and further information.