No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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This property is no longer on the market

Exterior

7 bedroom house

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House
7 bed
8 bath

Key information

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Council tax: Ask agent
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Freehold Investment Opportunity
  • A2 Commercial Unit Currently Let For £958pcm (present tenants unaffected)
  • One Bedroom Flat Currently Let For £1,000pcm
  • Six Bedroom HMO Maisonette Currently Let For £3,000pcm
  • Fantastic Location Close To Preston Park
  • 6.26% Yield
  • Overall Internal Measurements *
6.26% yield. A fantastic freehold investment opportunity, three separate units, ground floor A2 commercial unit, six-bedroom HMO maisonette and a one-bedroom single story dwelling; producing £59,496 P.A.

An attractive mid terrace building located in a sought after position. close to Preston Park providing a fantastic freehold Investment opportunity. The property is arranged as three separate units; a ground floor A2 commercial unit currently let at £958pcm. A six bedroom HMO maisonette currently let at £3,000 and a one bedroom apartment currently let at £1,000pcm. The investment in total is currently producing £4,958pcm which represents a 6.26% Yield.

The property is located adjacent to Preston Park, which boasts Green Flag Awards, for their well-managed grounds and facilities, respectively. Local amenities include a Sainsburys Local on the corner of Cumberland Road, and a variety of shops, cafs and amenities in nearby Preston Village. Preston Park Station, bus many routes, the A23 & A27 are all in close proximity providing access around Brighton, Hove and into London.

Property information from this agent

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    Welcome to Oakley Property We offer a comprehensive range of Residential and Commercial property services throughout Sussex which includes New Homes, Land, Valuation & Lease Advisory Services, and Property Management. After nearly 30 years in the business, we continue to evolve and improve. We have enjoyed a hugely successful 2023, and 2024 promises to build on that success with exciting new projects across all sectors. With our dedicated team of professionals continuing to grow, we have even greater confidence that we can provide the best service to you – whatever your property requirements. We look forward to working with you!

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    *DISCLAIMER

    Property reference 30840554. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Oakley Property - Brighton.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.