Offers over
£700,000
7 bed property for saleLewes Road, Brighton BN2
7 beds
7 baths
1 reception
EPC Rating: E
- Chain free
Eightfold Property
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About this property
Freehold Investment
Class-e Shop
Licenced HMO
7 Ensuite Rooms
Open Plan Kitchen/Living Room
Commercial Let £13,500 per annum
HMO Let £5,005pcm
10% Return
Prime Student Location
Sold as Ongoing Investment
Wheelchair accessible
An excellent opportunity to acquire a substantial mixed-use freehold property situated in a highly prominent position on Lewes Road, one of Brighton’s busiest arterial routes connecting the city centre with both universities.
The property comprises a ground-floor commercial unit (Class-e) with a self-contained Seven-bedroom HMO, each bedroom featuring its own ensuite shower room. Accommodation is spread over four floors, with the open plan kitchen, living room and bedroom on the lower ground floor, one bedroom on the ground floor, four bedrooms and a separate WC on the first floor, and the final bedroom on the second floor.
This versatile asset offers an attractive income-producing investment, with net current income of £73,500 per annum.
Ground Floor (5.40 m x 8.69 m (17'9" x 28'6"))
Commercial Unit accessed on the corner of Lewes Road and Inverness Road. Includes a separate WC with a wash basin and a low-level WC at the rear.
HMO Entrance Hallway
Front door on Inverness Road leads to 7 bedroom HMO. Stairs lead to the first and lower ground floors.
Bedroom 1 (3.00 m x 4.30 m (9'10" x 14'1"))
Window to the side.
En Sutie 1
Tiled with white suite comprising low flush WC, wash hand basin and glass shower enclosure.
Lower Ground Floor Hallway
Stairs to the ground floor, door leading to the rear patio.
Open Plan Kitchen/Living Room (7.54 m x 5.02 m (24'9" x 16'6"))
Spacious sitting area, fitted kitchen comprising a range of eye and base level units with worktops over and tiled splashbacks, 2 fitted ovens with electric hobs and extractor hoods over, 2 under counter wasing machines and dishwashers, freestanding fridge freezers. Window to rear.
Bedroom 2 (3.00 m x 4.62 m (9'10" x 15'2"))
Window to the side.
En Suite 2
White suite comprising low flush WC, wash hand basin and glass shower enclosure. Two windows to the side.
First Floor Landing
Stairs to second floor.
Bedroom 3 (3.00 m x 3.10 m (9'10" x 10'2"))
Window to both sides.
En Suite 3
White suite comprising low flush WC, wash hand basin and glass shower enclosure. Window to side.
Separate WC
White suite comrising low flush WC and a wash hand basin. Window to the side.
Bedroom 4 (2.75 m x 3.55 m (9'0" x 11'8"))
Window to the rear.
En Suite 4
White suite comprising a low flush WC, wash hand basin and glass shower enclosure.
Bedroom 5 (2.86 m x 2.53 m (9'5" x 8'4"))
Bay window to the front.
En Suite 5
White suite comprising low flush WC, wash hand basin and glass shower enclosure.
Bedroom 6 (2.34 m x 3.20 m (7'8" x 10'6"))
Window to the side.
En Suite 6
White suite comprising low flush WC, wash hand basin and glass shower enclosure.
Second Floor Landing
Window to the side.
Bedroom 7 (4.01 m x 5.25 m (13'2" x 17'3"))
Window to the front and Velux to the rear.
En Suite 7
White suite comprising low flush WC, wash hand basin and glass shower enclosure.
Rear Garden
Patio with fenced boundaries.
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