Summary - Highcroft Villas, Brighton, BN1 5PS BN1 5PS
1 bed 1 bath Garages
Long-lease single garage near Preston Park — strong rental yield and no onward chain.
- Single garage with up-and-over / roller door
- 17'7" x 7'6" internal dimensions (7' at door)
- 123 years remaining on lease, leasehold tenure
- Currently rented at £180 pcm (£2,160 pa)
- Service charge £300 pa; ground rent £25 pa
- Small compound of eight garages; limited maneuvering space
- Signs of moss and damp; low to standard ceiling height
- No onward chain; close to Preston Park and Seven Dials
A single, long-lease garage situated between Preston Park and Seven Dials, offered with no onward chain. The block is a small compound of eight garages, providing simple, low-maintenance storage or parking close to central Brighton amenities.
Currently let for £180 pcm, the garage produces a gross yield of about 7.45% at the asking price of £29,000. The lease has 123 years remaining, with modest running costs: £300 annual maintenance and £25 ground rent.
The building is basic mid-20th century brick and concrete construction with an up-and-over/roller door. There are signs of moss and some damp around the exterior and the ceiling height is low-to-standard, so budget for minor maintenance or repairs if converting or re-letting.
This will suit an investor seeking an affordable, high-yield asset in a well-connected Brighton location, or an owner-user needing secure parking or storage near Preston Park. No flooding risk and excellent mobile/broadband connectivity add to its practical appeal.
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