Sold

Burgess Hill – A predominantly residential mixed use investment

Prospect House, 11 Junction Road, Burgess Hill, RH15 0GS

Offers in excess of £3,000,000

Property Types:
Development Opportunity, Residential
Tenure:
Freehold

Description

  • Freehold block comprising 18 flats (6 x one bed, 10 x two bed, 2 x three bed) and a commercial unit
  • All flats let subject to ASTs
  • Four flats recently converted
  • Total Current Rent Reserved: £192,120 per annum
    • Total Residential Income: £177,720
    • Total Commercial Income: £14,400
  • Estimated Rental Value (fully let): £216,360 per annum
  • Significant break up opportunity
  • Located within a 5 minute walk of Burgess Hill Train Station

Subject to contract