8 bed terraced house

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8 bed terraced house

Grand Parade, Brighton, East Sussex BN2
£850,000

Price History

Initial price £950,000
03/10/24 £900,000
08/01/25 £850,000
Price Change -10.53%

Description

King & Chasemore presents a unique opportunity to acquire a substantial 5-floor HMO in the heart of Brighton, located on Grand Parade. The property comprises 7 bedsit flats, including an additional basement flat, offering ample space and versatility for retention as a HMO or renovation into individual apartments. The basement flat is self-contained, ideal for additional rental income or owner occupation, while the Ground Floor flat features a separate living area and bedroom with a utility room. Each floor above contains two bedsit flats, with multiple washroom facilities available. Situated in a desirable central location, the property benefits from excellent transport links, local amenities, and a vibrant community atmosphere, making it a lucrative investment opportunity with potential for renovation and modernization to increase rental income and property value.