Unbroken Block of 14x Flats Sold in Brighton
Star Property is pleased to announce the sale of Elim Court, Wellington Road, Brighton. This rare opportunity to acquire an unbroken block of 14x flats comprising of one and two-bedroom flats also has the benefit of planning permission to add further units and was recently sold for just under £3.1m
We have seen an increasing demand for unbroken blocks like this, with this being just one of a number of other blocks we have sold over the last 18 months.
Investors want to be able to control the tone of the block in terms of types of tenants and the condition, also owning the whole block makes management easier. Older units will often undergo refurbishment and improvement, this enables our clients to improve returns and also better maintain the capital value of their investments.
If you have a property like this which you are considering selling and would like to get an idea of its value, then please get in touch for a confidential discussion about your building.
Commercial Director Richard Lowrey
Tel: 07725723021 / 01273-037194