Excess of £4,500,000

11-33 Bonchurch RoadBrighton

    Key features

    • Unbroken Freehold Residential Investment Opportunity

    Opportunity to Acquire an Unbroken Freehold Block of 24 Flats in Brighton

    About this property

    • Freehold interest of an unbroken block of 24 residential flats. A stabilised residential investment opportunity. Low tenant turnover with a current average tenancy duration of approximately three years, providing a stable income stream.

    Local information

    • Situated in a desirable residential area within Brighton approximately 1.1 miles east of Brighton train station and approximately 1.1 miles north of the seafront

    Additional information

    • Gross passing rent of £260,008 per annum (96% occupancy)
    • Potential to add significant capital and rental value by continuation of the rolling refurbishment programme
    • 21 flats are let subject to Assured Shorthold Tenancies (ASTs) and 2 flats are let subject to Regulated Rent Act 1977 Tenancies