6 Bed Apartment House For Sale Dorset Gardens, Brighton, BN2

£725,000- Apartment

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Last Updated: 5th April 2024

Description

**FANTASTIC INVESTMENT OPPORTUNITY PROJECTED 7.5% YIELD**

Exclusive Freehold Interest with FIVE self contained apartments, in Prime Kemptown Property

Projected Growth: Anticipate a projected rental income of £60,000, elevating the gross yield to a remarkable 7.5%.

\rFANTASTIC INVESTMENT OPPORTUNITY

Freehold interest on the whole building - this fantastic investment opportunity includes the entire building, providing complete ownership and control.

An extraordinary investment beckons in the vibrant heart of Kemptown! We are thrilled to present an enticing opportunity to acquire the freehold interest in an imposing mid-terraced period property on Dorset Gardens.

Five Apartments: Comprising 4 studios and 1 spacious 1-bedroom unit.

(Total Area of all Units 177 sq m / 1903 sq ft).

Assured Shorthold Tenancies: All units secured with current tenancies, ensuring stability and consistent returns.

Impressive Yield: Presenting a robust 6.8% gross yield based on the current annual rental income of £54,108. (Rental Income due for significant uplift)

Projected Growth: Anticipate a projected rental income of £60,000, elevating the gross yield to a remarkable 7.5%.

Current Gross Yield: 6.8%
Annual Rental Income: £54,108
Projected Gross Yield: 7.5%
Projected Annual Income: £60,000

Nestled in the heart of Kemptown, Dorset Gardens enjoys proximity to a diverse array of local amenities.

Surrounded by pubs and restaurants, offering residents an unparalleled lifestyle.

Mere moments away from the picturesque seafront, offering a perfect blend of coastal charm and urban living.

Convenient walking distance to Central Brighton, ensuring accessibility to city amenities.

Kemptown is a sought-after locale with a robust property market, ensuring the potential for long-term appreciation. Brighton Mainline station is 10-15 Minutes away with the bustle of the high street moment away.

Don't miss out on this exceptional chance to secure a valuable investment in one of Brighton's most desirable locations!
Agent Details
Mishon Mackay
111 Dyke Road Brighton BN1 3JE

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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Potential Return-on-Cash Invested