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Wilbury Avenue, Hove, BN3 8 bed house of multiple occupation for sale
Wilbury Avenue, Hove, BN3
£775,000
Wilbury Avenue, Hove, BN3
£775,000
Our Summary
- A prime investment opportunity to acquire the freehold of a stunning period property on Wilbury Avenue, featuring eight generously sized bedsits spread across the top two floors
- There is scope to increase the rent streams in the near future
- With its desirable location, impressive rental yield, and charming period features, this property presents an exceptional, rarely available ,opportunity for investors and developers alike
- Comfortable 8% yield with room for potential uplift
- Fantastic Investment Opportunity
- Min £70,000 PA Return With Scope To Increase
- Min £70,000 pa Return With Scope To Increase
Description
This stunning period property on Wilbury Avenue offers a lucrative investment opportunity, boasting eight generously sized bedsits across the top two floors, totaling over 1,700 sq. ft. of space. With two well-appointed bathrooms, the property generates a significant rental income of approximately £70,000 per annum, making it an excellent addition to any portfolio. The property's location is highly sought-after, situated between The Drive and Newtown Road, with easy access to Hove Station, local amenities, and the picturesque Hove seafront. The property's impressive rental yield, charming period features, and desirable location make it a rare and exceptional opportunity for investors and developers alike.