Studio

BUY TO LET OPPORTUNITY!

Harringtons Sales presents a compelling investment opportunity: a first-floor studio flat in a highly desirable Hove location, just minutes from the seafront and Palmeira Square. This property offers immediate rental income potential and long-term capital appreciation in a consistently sought-after area.

PROPERTY A self-contained studio flat with a mezzanine over the kitchen area typically used for a mattress. The property comprises of a studio area with kitchen just off to the side and private bathroom, perfect for single occupancy. The room has laminate flooring and access to the fire escape. The studio room benefits from a large window allowing the flat to fill with natural sun light. Neutrally decorated to suit all styles. Electric heating throughout. Offered with vacant possession (current tenancy ends June 2025), this studio flat is primed for immediate rental income generation. Minimal refurbishment required, thanks to its neutral decor and functional layout.

LOCATION Situated in a premium Hove location, this property benefits from high tenant demand due to its proximity to the seafront, amenities, and excellent transport links. This ensures consistent occupancy and strong rental yields. Excellent connectivity with nearby bus routes and Hove station (20-minute walk) provides easy access to Brighton, London, and surrounding areas, broadening the tenant pool.

The combination of location, price, and practicality makes this studio flat highly attractive to renters, ensuring minimal vacancy periods.

Fixed price of £150,000.

Room Sizes:

Studio Room & Kitchen Area: 4'0" x 9'5" (4.28 x 2.88 M)

Bathroom: 4'2" x 5'11" (1.27 x 1.83 M)

Hallway: 4'0" x 3'8" (1.24 x 1.14 M)

EPC: E51

COUNCIL TAX BAND: A

NEAREST STATION: Hove (20 Minute Walk)

PARKING: Zone M

LEASE TERM: 99 Years from 29th September 2014 expiring on the 28th September 2113.

GROUND RENT: £125.00 per annum.

SERVICE CHARGE: £796.22 per annum.

Capitals Money Laundering regulations: intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order for no delay in agreeing the sale.

General: while we endeavour to make ourselves particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which a particular is imported to you please contact us and we are pleased to check the position for you.

The measurements are indicated with guidance only and must considered incorrect.

Services: please note we have not tested the services or any equipment or appliances in this property. Accordingly we strongly advise prospective purchasers to commission their own survey or service reports before finalising their purchase.

These particulars are issues in good faith but do not contribute representations of fact or form part of any offer or contract. The matter is referred in these particulars should be independently verified by prospective buyers or tenants, neither Harringtons Lettings or any of its employees or agents as any authority to make or give any representation or warranty whatever in relation to this property.