Property type: 9x luxury flats
Asking price: £330,000 - £700,000 (£4,630,000 for the portfolio)
Rent: £1,350 - £2,500 pcm per flat
Yield: Approx. 5%
This superb portfolio of nine luxury apartments in Brighton is our top investment opportunity in September.
Located in Florence Road, just a short distance from the city centre, the nine apartments range in size from one-bedroom to four-bedroom homes, each delivering a yield of approximately five per cent.
Known as St Augustine’s Apartments, they are situated in the former church hall of the magnificent St Augustine’s Anglican Church. The building dates back to 1901 and has recently been redeveloped to bring modern sophistication alongside the tremendous character of many original features.
Another significant advantage of investing in St Augustine’s Apartments is the fact each of the properties are offered for sale with tenants in situ, allowing any investor to enjoy a rental return from day one.
The apartments can be purchased individually or as a portfolio and are available for either leasehold or freehold acquisition. This is a fantastic opportunity to add high-quality properties that will always be in high demand to a growing portfolio.
Viewing is highly recommended in order to appreciate the stylish finish and spacious layout of these properties. Prices range from £330,000 to £700,000.
For more information call the branch on 01273 720714 or click here.