2 bedroom apartment for sale

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2 bedroom apartment for sale

Surrey Street, Brighton BN1
£575,000

Our Summary

  • A freehold investment opportunity in a prime Brighton location
  • Planning permission was granted by appeal in October 2018 for an additional storey
  • Buyers should take their own advice on the existing use class and future hope for redevelopment of the site

Description

This property presents a prime investment opportunity in Brighton, with a grocer/deli on the ground floor generating £16,500pa in rent through a 5-year lease expiring in March 2025, and a 2-bedroom, 2-bathroom flat on the first floor currently let on an AST at £1,600pcm (£19,200pa). The flat has potential for holiday lets or Airbnb due to its prime location near Brighton Station and the vibrant city center. Additionally, planning permission was granted by appeal in October 2018 for an additional storey, providing further potential for the site's redevelopment.
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