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4 bed property
St. James's Street, Brighton BN2
£700,000
Freehold
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The property is a mixed-use freehold investment with a commercial shop and a four-bedroom HMO. The shop occupies the ground and lower ground floors and is let to an LGBTQ+ charity on a five-year lease until 2030. The current annual rent is £16,500. Above the shop is a four-bedroom maisonette arranged over the upper floors, let to four students for £36,408 per annum. The total annual income is £52,896, making it a fully let asset with immediate returns.