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Portland Road/Worcester Villas, Hove 4 bed end of terrace house for sale
Portland Road/Worcester Villas, Hove
£650,000
Portland Road/Worcester Villas, Hove
£650,000
Price History
Initial price | £700,000 |
01/10/25 | £650,000 |
Price Change | -7.14% |
Description
This mixed-use freehold property is a great investment opportunity, featuring a commercial unit currently operating as a café and a residential maisonette with a separate street entrance. The commercial unit has a prime location opposite Portslade Station and could be sold as a going concern or with vacant possession, offering potential for a sandwich bar or coffee shop. The residential unit is licensed for a House in Multiple Occupation (HMO) and is currently rented to four sharers, generating £25,000 per annum. Planning permission has been granted to build a three-bedroom house on the adjacent land, which could be developed to increase the property's value. The property offers a unique combination of commercial and residential income streams, making it an attractive investment opportunity for buyers.