Summary - Grand Parade, Brighton BN2 9QA
8 bed 4 bath Terraced
Unbroken freehold near Brighton station and beach — refurbishment or conversion potential..
Freehold building: vacant possession, 6 studios and 2 one-beds
This unbroken freehold on Grand Parade offers a rare investor opportunity: 6 studios and 2 one-bed units across five floors, sold with vacant possession. At just under 3,000 sq ft, the building is well-located close to Brighton town centre, the beach and the station — ideal for rental demand and short commutes.
The property is best suited to a buyer prepared to invest in renovation or reconfiguration. The accommodation retains period features such as high ceilings, sash windows and a Georgian balcony but much of the interior is dated and will require modernisation to achieve higher rents or to split into individual flats. Services and appliances have not been tested; a full survey and checks on building systems are recommended before purchase.
Practical considerations: broadband speeds are very slow and the local area records high crime and very high deprivation levels, which will influence tenant mix and achievable rents. Council tax is above average and plot size is very small, limiting external space. Conversely the building’s freehold status, vacant possession and central Brighton location provide strong upside for a hands-on investor or developer seeking conversion potential (subject to planning).
In short, this property offers huge potential but requires capital, project management and a clear strategy — either retain as an HMO, carry out refurbishment to improve yields, or pursue redevelopment into separate units subject to approvals. Financially ambitious buyers should factor in refurbishment costs, service upgrades and local market considerations.
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