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3 bed property
St. James's Street, Brighton BN2
£350,000
St. James's Street, Brighton BN2
£350,000
Our Summary
- The property has the potential to achieve an overall income of approximately £36,000 per annum
- Lower ground floor with access from the rear has potential to be converted into a studio, subject to obtaining planning permission
- Perfect for Investors looking for a great mixed-use investment in Brighton, which would benefit from further refurbishment
Description
This five-storey mixed-use property in Kemp Town, Brighton, offers a unique investment opportunity. The ground floor shop is currently rented for £1,250 per month, while the first floor maisonette has an estimated rental value of £1,700 per month. The property has the potential to achieve an overall income of approximately £36,000 per annum. The maisonette itself features an open-plan lounge, modern kitchen, three bedrooms, and a bathroom, with gas central heating. The property also has a lower ground floor with potential to be converted into a studio, subject to planning permission. Located in the heart of Kemp Town, the property is close to local amenities, the beach, and the city centre, making it an attractive investment opportunity for those looking for a mixed-use property in Brighton.