Five flats producing income in a central Hove conservation location.
- Grade II listed Georgian terrace across five storeys
A substantial Grade II listed five-storey Georgian terrace offered as an unbroken freehold, currently arranged as five self-contained flats producing reported rental income. The building spans c.3,112 sq ft and sits within the Brunswick Town Conservation Area, a short walk from Hove station and the seafront — strong locational assets for lettings or repositioning.
This is a clear auction opportunity for an investor or small portfolio buyer. Two flats are occupied by statutory tenants protected under the Rent Act 1977, limiting immediate re-letting or rent increases. Three flats are let on assured shorthold tenancies that are currently holding over; purchasers must review tenancy details and income verification in the legal pack.
The property offers good upside through active asset management: individual flats with private gardens, high ceilings and period character appeal to both longer-term tenants and holiday-style lets. However, the Grade II listed status and a range of EPC ratings (C to G) mean refurbishment works will require listed-building consents and potentially significant investment. Buyers should note the sale is subject to special conditions in the legal pack and additional charges.
Practical matters: this is a freehold sale by auction with a guide price of £1,000,000. Flood risk is low and broadband and mobile signals are strong. The property is in an area with average crime and local deprivation indicators, which affects some tenant markets, but its proximity to Hove and Brighton amenities supports demand. Read the legal pack thoroughly before bidding.
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