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Grand Parade, Brighton, East Sussex 8 bed terraced house for sale
Grand Parade, Brighton, East Sussex
£815,000
Grand Parade, Brighton, East Sussex
£815,000
Price History
Initial price | £900,000 |
07/01/25 | £850,000 |
08/05/25 | £825,000 |
21/05/25 | £815,000 |
Price Change | -9.44% |
Description
This five-storey HMO in the heart of Brighton offers a unique investment opportunity, boasting a mix of existing rental income and potential for further development. The property is currently arranged as seven self-contained bedsit flats and a one-bedroom basement flat, with a substantial loft space that could be converted subject to planning permission. With a central location, the property is close to the seafront, city centre, and main transport links, making it an attractive option for professional tenants or students. The building offers scope for refurbishment and modern upgrades, providing the potential to enhance yields and uplift capital value. With an estimated gross rental income of £70,000-£95,000 per annum, this property presents a rare chance to secure high, sustained returns in a consistently strong rental market.