A Rare Opportunity to Acquire a Freehold HMO Investment in the Centre of Brighton
Brighton is one of the most affluent centres
in the south east of England.
Oriental Place is situated adjacent to the
seafront, in a prime and predominantly
HMO investment opportunity comprising
14 studio/bedsits arranged over 6 Floors
The property is let on AST agreements
producing a current gross income of
£140,400 per annum.
Seeking offers in excess of £2.02M (Two Million and Twenty Thousand Pounds) reflecting an attractive
initial yield of 6.5% on the gross incomeafter allowance for unadjusted purchaser’s costs of 6.8% and approximately £665 per sq ft.
Subject to contract