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Holland Road, Hove BN3 Studio for sale
Holland Road, Hove BN3
£150,000
Holland Road, Hove BN3
£150,000
Our Summary
- We are delighted to present this exceptional investment opportunity in the heart of Hove, Brighton
- Apartment 13b Gwydyr Mansions is a charming property situated in a historic and highly sought-after building, offering an attractive prospect for investors seeking strong rental yields and potential capital appreciation
- This approach allows us to focus on facilitating a seamless auction experience, and we appreciate your understanding in this matter
- A buyer’s premium is an additional charge that successful bidders are required to pay on top of their final bid price at a property auction
- This fee is typically a percentage of the final bid and is paid directly to the auction house
- The exact percentage can vary depending on the auction house
- It is usually clearly stated in the auction’s terms and conditions
Description
This charming apartment, Apartment 13b Gwydyr Mansions, is situated in the heart of Hove, Brighton, offering a unique investment opportunity. The property boasts a studio room, kitchen, and bathroom, with a west-facing shared patio area. Currently tenanted, it achieves an income of £1,000 per month, providing a strong rental yield. The property is leasehold with 952 years remaining on the lease, and the ground rent is a mere £10 per annum. The service charge for the 2024/2025 period is estimated to be between £1,000 and £1,200 per annum. With a guide price of £150,000 plus, this property presents an attractive prospect for investors seeking strong rental yields and potential capital appreciation.