Investment-ready city flat with long lease and immediate rental income.
- One-bedroom flat, approximately 390 sq ft internal area
- Currently tenanted, rental income £955 pcm (investment-ready)
- Leasehold with 963 years remaining (from 1989)
- Will be sold at online auction; buyer registration required
- Located in a cosmopolitan student neighbourhood, good transport links
- Small overall size; limited living space compared with larger flats
- Area classified as deprived; consider long-term growth risk
- Fast broadband and excellent mobile signal; no flood risk
A compact one-bedroom flat in a Victorian mixed-use building, located on Preston Road with easy access to Brighton city centre and public transport. The 390 sq ft apartment comprises a living area, separate fitted kitchen, bedroom and shower room — a straightforward layout suited to rental occupation or a first-step buy-to-let.
The property is currently tenanted, producing £955 pcm, and will be sold at online auction. The very long lease (963 years remaining) removes a common long-lease concern, and fast broadband and excellent mobile signal support its appeal to students and young professionals.
Buyers should note the apartment is small and sits within a neighbourhood classified as deprived, which may affect long-term capital growth. The sale is auction-based — check the legal pack and factor in deposit/payment times and buyer’s responsibilities. Viewing slots and the legal pack are available online; carry out full due diligence before bidding.
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