Summary - THE DESIGN QUARTER, 129 - 130 FLAT 3 EDWARD STREET BRIGHTON BN2 0JL
1 bed 1 bath Apartment
Compact, income-producing city studio near seafront and transport.
Guide price £100,000, offered for sale by auction
A compact second-floor studio in Kemp Town offered at auction with a low guide price and immediate rental history. The flat measures 22 sqm and sits within a period building close to the seafront, shops and transport links, making it straightforward to let to students or short-term renters.
The property is currently let, producing £9,540 pa, which equates to a gross yield of about 9.5% at the guide price of £100,000. The lease has approximately 102 years remaining, ground rent is a peppercorn, and the share of freehold arrangement reduces typical long-term tenure risk. EPC is rated C and the flat benefits from double glazing and electric underfloor heating.
Buyers should note several material considerations: the area has a very high crime rate and is classified as very deprived, which affects tenant profiles and management needs. The tenant is holding over following an AST expiry, and the sale is subject to special conditions in the legal pack — bidders must review those documents carefully. The studio is small at 22 sqm and will suit investors or single occupants rather than families.
Overall this is a clear-let, low-maintenance investment in a central Brighton location with strong rental demand from students and city workers, but it requires informed buying because of neighbourhood crime statistics and auction-sale conditions.
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