Summary - Flat 2, 28-29, Western Road, HOVE BN3 1AF
14 bed 1 bath Terraced
**Standout Features:**
- Mixed-use property with two retail units and nine residential flats
- Currently producing an annual income of £194,900
- Development potential for adding more residential units, subject to planning consent
- Central Hove location near Brunswick Square and the seafront
- Total area of approximately 7,294 sq ft, with high ceilings and Georgian architecture
**Concerns:**
- Requires planning consent for future development
- Part of the building has no insulation (assumed)
This impressive mixed-use investment at 28-29 Western Road in Hove is a prime opportunity for investors seeking both immediate income and long-term development potential. The property houses two well-positioned retail units and nine residential flats, currently generating an attractive annual income of £194,900. In addition, an unoccupied garage/workshop presents an immediate opportunity to amplify revenue.
With approximately 7,294 sq ft of space, this terraced Georgian property boasts high ceilings and charming period features, situated in a vibrant cosmopolitan neighborhood. The location offers excellent access to local amenities, schools, and the seafront, appealing to tenants and potential future residents alike.
The highlighted potential for additional residential units on the flat roof section could be a game changer, allowing savvy buyers to capitalize on Hove's growing housing demand. Although there are considerations for planning consent and some structural aspects requiring attention, the intrinsic value and development possibilities make this property a rare find. Don't miss the chance to own a piece of Hove’s dynamic real estate landscape with this promising investment.
13 bedroom terraced house for sale in Western Road, BN3 — £2,500,000 • 13 bed • 10 bath • 7294 ft²
Commercial property for sale in Western Road, Hove, BN3 — £2,500,000 • 14 bed • 1 bath • 7294 ft²
Residential development for sale in 38 Osborne Villas, Hove, East Sussex, BN3 2RB, BN3 — £695,000 • 1 bed • 1 bath • 1451 ft²
Commercial property for sale in 33-33a Montefiore Road, Hove, BN3 1RD, BN3 — £750,000 • 1 bed • 1 bath • 1988 ft²
High street retail property for sale in 79 - 80 Western Road, Hove, BN3 2JQ, BN3 — £900,000 • 1 bed • 1 bath • 2844 ft²
