7 bed flat for sale For sale

About this property

This substantial first and attic floor duplex flat offers an exciting opportunity for transformation. Spanning 1,604 sq ft, the property features multiple bedrooms and flexible living space. The potential income for an HMO or short-term rental is significant, with estimates of £100 per room per night, potentially generating over £150,000 annually based on a 60% occupancy rate. The interior requires modernisation, providing a blank canvas for investors or developers. Each of the seven bedrooms allows for individual letting potential, enhancing income streams. The property includes independent front access and an expansive rear garden with a timber garage and parking. Historic planning approval exists for a stair connection to the garden, enhancing indoor-outdoor living. Local demand for short-term accommodation is strong, driven by the coastal appeal and proximity to amenities, including multiple supermarkets within 1.0 mile, and transport links.