Property for sale in Roundhill Crescent, Brighton BN2

Sold by Lextons Auctions
Guide Price: £600,000+

Freehold Residential Investment

Extremely rare opportunity to be able to purchases this freehold residential investment comprising of 4 self contained flats as follows.

Lower Ground Floor
Currently vacant being marketed at £1,100 pcm

Ground Floor
1 bedroom flat currently let at £850 per month

First Floor
Studio flat currently let at at £750 per month increasing to £775 per month on 15th April 2023

Second Floor
Studio flat currently let at £725 per month increasing to £750 per month on 25th April 2023

Total potential rent when fully let of £41,700

Situated in the ever popular Roundhill Crescent, close to near by universities on an accessible bus route which offers direct access into Central Brighton and Hove, Brighton Marina with its seafront, cinemas and bowling alley, which can also be easily accessed by using the cycle lanes throughout the city. Local shopping is on the doorstep in Lewes Road.

We are advised that the adjoining property, number 12, has converted the upper 2 floors into a 2 bedroom maisonette therefore subject to necessary consents, it is considered possible that the first and second floor studio flats are able to be combined to form a maisonette thereby providing for a significant uplift in value

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