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Wilbury Avenue, Hove, BN3 8 bed house of multiple occupation for sale
Wilbury Avenue, Hove, BN3
£725,000
Wilbury Avenue, Hove, BN3
£725,000
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 is a prime investment opportunity, offering eight generously sized bedsits across the top two floors, totaling over 1,700 sq. ft. of space, with two well-appointed bathrooms and an excellent rental income stream. The property is currently let under AST agreements, generating approximately £70,000 per annum, making it a highly lucrative addition to any portfolio. With its desirable location between The Drive and Newtown Road, just a two-minute walk from Hove Station, the property offers convenient access to Brighton, Gatwick, and Central London, as well as a variety of local amenities and the picturesque Hove seafront. The property presents an exceptional opportunity for investors and developers alike, with its impressive rental yield, charming period features, and freehold ownership. Viewing is highly recommended.