Exceptional Investment Opportunity – Converted Block of One Bedroom Flats in Central Hove
Nestled in the heart of Hove, this substantial freehold property presents a rare investment opportunity. Comprising a block of self-contained one bedroom flats, the building extends to over 2,000 square feet and offers significant income potential, with projected annual returns of £60,000 and a healthy 6.6% yield. Benefitting from the highly desirable “chain free” status, this property is an effortless addition to any portfolio.
Each flat is arranged with its own individual council tax band, offering straightforward management and maximising rental flexibility. The bottom two flats enjoy direct access to private gardens, providing valuable outside space for tenants—an attractive feature in this sought-after area.
Perfectly positioned, the building is just a short stroll from the vibrant amenities of Palmeira Square and the bustling shops and cafés of Western Road. The seafront is within easy walking distance, giving residents access to Brighton & Hove’s famous beach, while excellent public transport connections make commuting and exploring the wider area simple.
Offering a blend of strong investment credentials and an enviable location, this freehold block of flats in Hove is an opportunity not to be missed. Arrange a viewing today to discover the full potential of this outstanding property.
Agent Notes- Successful buyers will be required to complete online identity checks provided by Lifetime Legal. The cost of these checks is £80 plus VAT per purchase which is paid in advance, directly to Lifetime Legal. This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection insurance to protect against the cost of an abortive purchase.
Sales Disclaimer - These particulars are believed to be correct and have been verified by or on behalf of the vendor. However, any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated, fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the property before deciding to proceed with a purchase.
