Summary - Flat 2, 43 College Place BN2 1HN
1 bed 1 bath Apartment
Auction lot ideal for a quick refurbishment and lettings income.
Long lease c.121 years — vacant and ready for access
A vacant long-lease one-bedroom conversion in Kemp Town, offered for sale by online auction with 6 weeks’ completion. The flat occupies an Edwardian end-terrace building close to Brighton College, Queen’s Park and local amenities, making it straightforward to re-let after refurbishment. The long lease (approx. 121 years) and central BN2 location give clear rental and capital-growth potential in a strong coastal market.
The accommodation requires full modernisation: cosmetic works, likely updating of the electric storage heating, and attention to fabric insulation (solid brick walls assumed uninsulated). The apartment is currently vacant, simplifying access for contractors, but renovation costs should be factored into the purchase price and investment appraisal.
This is a short-term auction proposition for a buyer seeking a hands-on refurbishment or a lettable buy-to-let. The property benefits from excellent mobile signal, fast broadband and proximity to transport links, shops, cafés and hospitals — features attractive to students, professionals and short-term renters. Note the local area records higher crime levels; security and tenancy screening will be important considerations.
Buyers should also allow for typical issues in older conversions: possible redecoration, updated electrics and heating efficiency improvements. The property is leasehold and will be sold at auction — check auction conditions and budget for immediate works if planning to enter the rental market quickly.
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