Shaftesbury Road, Brighton BN1 1 bed block of apartments for sale

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Shaftesbury Road, Brighton BN1 1 bed block of apartments for sale

Shaftesbury Road, BN1
£500,000

Our Summary

  • There is a potential to change the basement flat to a two bedroom flat by moving the kitchen into the lounge and increasing the rental value to £1450-£1500 PCM subject to any necessary works taking place
  • Completing the accommodation is a convenient shower room and, a true highlight, a decent-sized private garden offering a tranquil escape and potential for green-fingered enthusiasts
  • Investment Opportunity

Description

This property is a freehold investment opportunity with a ground floor flat sold on a long lease, expiring on June 23rd, 2078. The top floor flat is currently rented for £1,100 PCM until March 2026, while the basement flat is due to become vacant in July 2025. The basement flat has potential to be converted into a two-bedroom property, increasing its rental value to £1,450-£1,500 PCM. The property offers a mix of modern and period features, with the top floor flat boasting an open-plan kitchen and lounge, and the basement flat featuring a private garden. The location is in the heart of Brighton's Poets' Corner, with easy access to the city centre, transport links, and amenities. The property is being sold for offers in excess of £500,000.