A bay-fronted freehold terrace in Hove, East Sussex, sold for just over £1m off a guide of £750,000 at Clive Emson’s latest round of sales.
Arranged as five self-contained flats, three of which are let, the building provides an income of £25,500 pa, reflecting a 2.4% yield.
The 10 February sale took place at Brighton’s Hilton Metropole.
Overall, Clive Emson’s February regional sales raised £19.5m from 159 lots, with an 82% success rate.
