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Lot: 100 - FREEHOLD HOUSE IN MULTIPLE OCCUPATION PLUS VACANT BASEMENT FLAT - Front ElevationLot: 100 - FREEHOLD HOUSE IN MULTIPLE OCCUPATION PLUS VACANT BASEMENT FLAT - Main KitchenLot: 100 - FREEHOLD HOUSE IN MULTIPLE OCCUPATION PLUS VACANT BASEMENT FLAT - GF Front BedroomLot: 100 - FREEHOLD HOUSE IN MULTIPLE OCCUPATION PLUS VACANT BASEMENT FLAT - Shower RoomLot: 100 - FREEHOLD HOUSE IN MULTIPLE OCCUPATION PLUS VACANT BASEMENT FLAT - SF Front BedroomLot: 100 - FREEHOLD HOUSE IN MULTIPLE OCCUPATION PLUS VACANT BASEMENT FLAT - SF Rear BedroomLot: 100 - FREEHOLD HOUSE IN MULTIPLE OCCUPATION PLUS VACANT BASEMENT FLAT - Rear PatioLot: 100 - FREEHOLD HOUSE IN MULTIPLE OCCUPATION PLUS VACANT BASEMENT FLAT - LGF Flat Living RoomLot: 100 - FREEHOLD HOUSE IN MULTIPLE OCCUPATION PLUS VACANT BASEMENT FLAT - LGF Flat KitchenLot: 100 - FREEHOLD HOUSE IN MULTIPLE OCCUPATION PLUS VACANT BASEMENT FLAT - LGF Flat Bedroom
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Lot 100 Freehold House In Multiple Occupation Plus Vacant Basement FlatAuction Date:
20th March 2024

31 Marlborough Place, Brighton, BN1 1UA

£650,000*+ FEES

Currently let at £49,680 per annum

Estimated rental £64,000 per annum

Category Residential Investment
Tenure Freehold
Bedrooms x 7
Bathrooms x 3

This attractive bow fronted five storey property is arranged as a licenced HMO on the upper flour floors plus a refurbished vacant lower ground floor patio flat. The HMO has six letting rooms plus kitchen and shower room facilities and produces £49,680 per annum. The property has a gas heating system via radiators, contemporary fixtures and fittings and a small enclosed patio area. The lower ground floor flat offers good sized one bedroom accommodation having been recently refurbished and provides an ideal opportunity for an owner occupier or investor.

The HMO is situated in a central and convenient location in the heart of the city centre close to bars, shops and restaurants with the seafront and mainline railway station all easily accessible.

Ground Floor

Entrance hall, stairs to first floor, living room, kitchen with utility area and glazed door to enclosed rear patio.

Room 1

Double bedroom.

Lower Ground Floor

Flat - Vacant

Main street entrance, stairs to entrance hall, kitchen, living room, double bedroom, bathroom with W.C. and glazed door to rear patio.

Council Tax Band A

First Floor

Half landing, W.C., inner lobby, two shower rooms with W.Cs.

Room 2

Double bedroom.

Second Floor

Landing and stairs to third floor.

Room 3

Double bedroom.

Room 4

Double bedroom.

Third Floor

Landing.

Room 5

Double bedroom.

Room 6

Double bedroom with access to small balcony with views over the city and sea front.

Upper Floors Council Tax Band D

Viewing

The upper parts are tenanted so will only be able to be viewed externally but the lower ground floor is vacant and viewings are available by appointment.

Outside

Small west facing patio with separate access.

Tenancy

The HMO is let on an Assured Shorthold Agreement for 11 months commencing 21st September 2023 at a current rental of £4,140 per calendar month.



31 Marlborough Place, Brighton


There is an addendum available to be read
in conjunction with the legal documentation.

Further Information

Richard Payne
on 01273 504232

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