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Portland Road/Worcester Villas, Hove 4 bed end of terrace house for sale
Portland Road/Worcester Villas, Hove BN3
£650,000
Portland Road/Worcester Villas, Hove BN3
£650,000
Our Summary
- * GUIDE PRICE £650,000-£700,000 *GREAT INVESTMENT OPPORTUNITY
- A mixed commercial/residential FREEHOLD investment with planning permission for a three bedroom house on the adjacent land on Worcester Villas
- Planning permission has been granted under application number BH2023/03157 for the erection of a three bedroom house with two bathrooms and off-road parking set back from the road
- Planning permission granted for a three bedroom house (Application Ref: BH2023/03157)
- GREAT INVESTMENT OPPORTUNITY
- Great investment opportunity
- Planning Application No
- Planning Permission for 3-Bed House with Off-Road Parking
- Potential for Sandwich Bar or Coffee Shop
Description
This mixed-use freehold property is a great investment opportunity, featuring a commercial unit currently operating as a café and a residential maisonette with a separate street entrance. The commercial unit has a prime location opposite Portslade Station and could be sold as a going concern or with vacant possession, offering potential for a sandwich bar or coffee shop. The residential unit is licensed for a House in Multiple Occupation (HMO) and is currently rented to four sharers, generating £25,000 per annum. Planning permission has been granted to build a three-bedroom house on the adjacent land, which could be developed to increase the property's value. The property offers a unique combination of commercial and residential income streams, making it an attractive investment opportunity for buyers.