About the property
Key features
- Magnificent three storey extended semi-detached period freehold residence
- No onward chain
- Off street parking
- Currently producing £80,000 per year income
- Has multiple potential opportunities as a business, development or a home
- Front and side outdoor space
- Close to Hove seafront
- ***Guide Price £1,200,000 - £1,300,000***
Material information
Property description
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***Guide Price £1,200,000 - £1,300,000*** A very rare opportunity to acquire this fantastic substantial extended semi detached period residence which is currently been used for business producing in the region of £80,000 per year income. The property has many opportunities, such as turning back into a home, converting into flats (Subject to relevant consents/permissions), a business or work/live in arrangement.
This stunning three-story extended semi-detached period residence is a remarkable freehold property that currently operates as a business, generating an impressive annual income of £80,000. Its versatile layout offers multiple potential uses, making it an excellent investment opportunity. Here are some key features and possibilities:
- Structure: Three stories, providing ample living and working space.
- Period Design: Retains charming architectural details typical of its era.
- Current Use: Actively utilized as a business, yielding significant rental income.
- Family Home: Easily convertible back into a spacious family residence, catering to those seeking a large home.
- Flat Conversion: Possibility to convert into multiple flats, subject to obtaining the necessary planning consent.
- Business/Living Arrangement: Ideal for those wanting to combine residential and commercial spaces.
- Off-Street Parking: Convenient parking options available.
- Outdoor Spaces: Front and side areas suitable for relaxation or gardening.
- Location: Located very close to Hove sea front, enhancing its appeal for both residential and commercial purposes.
This property represents a unique opportunity to create a personal family space or to further capitalize on its current business potential in a desirable coastal location. If you're interested in exploring this property further or discussing potential plans
