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Preston Street, Brighton BN1 2 bed terraced house for sale
Preston Street, Brighton, BN1
£400,000
Preston Street, Brighton, BN1
£400,000
Our Summary
- This property is for sale by Traditional Auction
- Strong rental yield and investment potential
Description
This freehold mixed-use property in Brighton offers a unique investment opportunity, comprising a ground floor commercial unit and a self-contained two-bedroom flat above. The commercial unit is currently let at £14,000 per annum, with a scheduled increase to £16,400 per annum, providing a strong and rising rental yield. The unit is located in a high-footfall area on Preston Street, just a short stroll from the seafront, and is ideal for investors or owner-occupiers. The two-bedroom flat above is well-maintained and offers excellent long-term investment stability, with the option to continue letting or use personally. The property is being sold by traditional auction, with the buyer and seller required to exchange contracts immediately and complete the sale within 28 days.