Sponsored Find a Solicitor — free quotes via ReallyMoving
4 bed end of terrace house
Next Steps
Sponsored — free quotes via ReallyMoving
Find a Solicitor
Land purchases need specialist legal advice — compare fees
Price History
Our Summary
- GREAT INVESTMENT OPPORTUNITY
- Planning Application No
- Planning Permission for 3-Bed House with Off-Road Parking
- Potential for Sandwich Bar or Coffee Shop
- * 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)
Get alerted when similar properties are listed — Subscribe
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.