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End of terrace house
Chichester Place, Brighton
Auction
£850,000
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Our Summary
- For Sale by Auction on 24th June 2026
- For Sale by Auction on the 24th of June 2026 Guide price £850,000+ A substantial double-fronted (2 buildings) four-storey freehold building situated in the popular Kemptown location with significant break up discount included comprising of 5 x 1 bedroom flats currently let on AST's as follows: Basement Flat: £1,100 pcm (benefits from outside space) Ground Floor Flat: £850 pcm First Floor Flat (non self-contained): £800 pcm Top Floor Flat: £900 pcm Top Floor Flat £1,000 pcm The total passing rent per annum is £55,800 however it is considered this is an under let amount and has room for meaningful uplift
- This prime location enhances the appeal of the flats to both tenants and prospective owner-occupiers, making it an attractive long-term investment opportunity
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Description
The property is a substantial double-fronted freehold building with four storeys, located in the Kemptown area. It comprises 5 one-bedroom flats, currently let on ASTs, including a basement flat, 3 ground floor flats, and a top floor flat. In addition, there are 3 flats sold off on long leases with diminishing unexpired terms.
The total passing rent is £55,800, with potential for uplift. The building is ideally situated on Chichester Place, with easy access to local amenities and proximity to Sussex County Hospital.