Ready-to-let studio near the seafront — auction sale for cash or specialist lenders.
Oblique sea view from first-floor studio with bay window
This compact studio occupies a first-floor position in a period building on Brighton’s Kemptown seafront, offering an oblique sea view and immediate rental potential. Its open-plan layout, bay window and modern kitchen and shower room make it ready for short-term or longer-term letting under the existing selective rental licence.
Important lease and sale terms materially affect suitability. The flat is leasehold with 63 years remaining, a ground rent of £75 pa and an average service charge around £1,361.48 (plus recent major works contributions). With only 63 years left, many high-street mortgage lenders may refuse to lend — the property is being sold by the Modern Method of Auction and is therefore best suited to cash buyers or specialist lenders.
Positioned seconds from the promenade, the flat benefits from strong transport links, local amenities and a steady tenant pool (students and seaside short-lets). Compliance certificates and recent electrical remedial works are in place, so it can be occupied or let quickly, but buyers should budget for ongoing service charges and any future building works.
This is an investment- or cash-buy opportunity for those who accept the lease length and communal cost exposure. Carrying risks include very high local crime rates and an area classed as very deprived, factors that can affect rental levels and tenant profiles. Independent legal and financial advice is strongly recommended before bidding or purchasing.
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