Preston Street, Brighton BN1 2 bed terraced house for sale

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Preston Street, Brighton BN1 2 bed terraced house for sale

Preston Street, Brighton BN1
£450,000

Our Summary

  • This property is for sale by Traditional Auction
  • Strong rental yield and investment potential

Description

This freehold mixed-use property in Brighton's Preston Street offers a unique investment opportunity. The ground floor commercial unit is currently let to a well-established tenant at £14,000 per annum, with a scheduled increase to £16,400 per annum, providing a strong and rising rental yield. Above the commercial unit is a self-contained two-bedroom flat, ideal for continued letting or personal use. The property is located in a lively and popular area, close to the seafront, Western Road shopping area, and public transport links, making it an attractive prospect for investors or owner-occupiers. The property will be sold by traditional auction, with the buyer and seller required to exchange immediately and complete 28 days thereafter.