Licensed HMO comprising of one studio, 5 rooms all let on AST agreements whilst to the basement there is a one bedroom flat currently occupied by a statutory tenant. The current passing rent is £45,120 per annum.
The property is located within the heart of the City Centre surrounded by a selection of bars, shops and restaurants and sits only 180 yards from the iconic Brighton Seafront. The property lies within walking distance of Brighton mainline railway station offering regular services to London.
Room 1 -3.11m x 7.55m (average measurements)
Room 3 - 0.53m x 5.98m
First Landing - Shower and WC's
Room 4 - 4.04m x 4.45m
Room 5 (Kitchen area linked with Room 7) - 2.65m x 3.39m
Room 6 - 4.04m x 4.45m (Advised by vendor as not inspected)
Room 7 - 2.65m x 3.39m (Bedroom area linked with Room 5; We have not been able to inspect this room and measurements are advised by client)
Second Landing Bathroom - 1.36m x 1.79m
Top Floor Studio - 4.56m x 4.47m (irregular shape) Bathroom - 1.49m x 2.95m
Guide prices are provided as an indication of the seller’s current minimum acceptable price at auction. They are not necessarily figures that a property will sell for, and may change at any time prior to the auction. The guide price may not be the minimum sale price, which can be higher or lower.
The reserve price is the minimum acceptable price under the hammer, which remains confidential, and may change at any time prior to the auction. Unless otherwise stated, each property will be sold subject to a reserve. The reserve is expected to be set no more than 10% above a fixed figure guide price, or within a guide price range.