Presenting a remarkable investment opportunity in the sought-after coastal location of Hove, Brighton. This impressive freehold development comprises eight individual apartments, perfectly positioned to generate a strong yield. Currently all with tenants insitu, the property offers outstanding income potential for investors of over £100,000 per annum, whilst in the long run also offering scope for future conversion back to its original homes, subject to planning consent.
The two converted semi- detach houses comprise of :
Number 34 -
1 Bedroom Ground Floor Flat, 2 x Studio Apartments, 1 Bedroom First Floor Flat, 1 Bedroom Top Floor Flat
Number 36 -
1 Bedroom Lower Ground Floor Flat, 1 Bedroom Ground Floor Flat, Split Level 1st & 2nd Floor 4 Bedroom duplex currently set up as an HMO.
Current rental incomes, some of which have been in residence for over 10 years are as follows:
Number 34
Ground Floor - 1B - £1,150 pcm
1a - Studio - £995 pcm
1b - Studio - £900 pcm
FF - 1B - £1,000 PCM
Top Floor - 1B - £1,000 pcm
Number 36
LGF - 1B - £995 pcm
GF - 1B - £1,200 pcm
1st & 2nd Floor 4 Bed Split Level - £2,350 pcm
Monthly Income =£9,590
Yearly Income = £115,080
Boasting communal gardens, residents enjoy a peaceful outdoor retreat—a rare find in such a vibrant urban setting. The location offers an enviable lifestyle, with the stunning seafront and Hove Lawns just a short stroll away, providing the perfect backdrop for morning runs or leisurely weekend walks. It’s only moments from the eclectic mix of independent cafes, restaurants, and boutique shops along Church Road, while the creative heart of central Brighton is easily reached by local transport links.
The photos and floor plan are a selection from some of the properties, for further information please do enquire.
Important Notice: We have prepared these property particulars as a general guide to a broad description of the property. They are not intended to constitute part of an offer or contract. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floorplans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Lease details, service charges and ground rent (where applicable) and council tax are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts. The copyright of all details, photographs and floorplans remain exclusive to Leaders. ‘’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.’’ 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.
