HOUSES of Multiple Occupation are selling well in Eastbourne.
Here’s another one, this time in Cambridge Road.
This is GPS Business Sales: “Buyer interest in HMOs continues, with the sale of another property, this time on Cambridge Road, Eastbourne.
This substantial 11 bedroom freehold property operates as a licensed House of Multiple Occupation (HMO). The licence allows for 10 occupants and the annual potential income is approximately £50,000.
Sold off a freehold asking price of £475,000.
HMOs are proving to be a very popular choice for investors at this time and we have many registered buyers actively seeking this type of property.
If you’re thinking of selling, please call on 01323 727271 to see how we can help.”