Initial price	£875,000
13/08/24	£800,000
20/09/24	£750,000
08/11/24	£700,000
Price Change	-20.00%

A semi-detached property in Hove, East Sussex, is being sold by auction as an investment opportunity. The property currently consists of six licensed HMO studios and two self-contained flats, generating an annual rental income of £76,080. The studios are let at various prices, ranging from £695 to £1,350 per month, and the flats are let at £900 and £10,800 per month. The property has five bathrooms and five shower/bath rooms in total. The vendors are seeking offers before the auction, and the property can be viewed by appointment only. The buyer must register themselves to place an offer or buy the property, and all reasonable endeavors must be made to exchange contracts as soon as possible following the draft contract being received by the buyer.