Auction lot near seafront with strong refurbishment upside.
Vacant one-bedroom first-floor flat with Victorian features
A vacant one-bedroom first-floor flat in a period conversion, offered at auction with a guide price of £110,000. The apartment extends to about 64 sq.m. (c. 688 sq.ft), with high ceilings and bay windows that retain Victorian character and provide good room proportions. It is currently unoccupied and requires full refurbishment, offering clear value-add potential for a hands-on buyer or investor prepared to renovate.
Location is a strong selling point: the property sits a few minutes’ walk from Hove seafront and lively Church Road, with Hove station under half a mile away for direct links to Brighton and London. Local amenities are plentiful and the surrounding area is described as a cosmopolitan, highly qualified neighbourhood — useful for rental demand or resale once upgraded.
Important cautions: the lease has approximately 46 years remaining, which will likely prevent standard mortgage lending and restrict some buyers. Ground rent is currently low but includes rises and additional rent provisions; buyers must study the legal pack and special conditions carefully. EPC is TBC and the flat shows signs of damp/mould in places and needs renovation throughout.
This lot suits a cash buyer or specialist investor who understands short-lease purchase implications and refurbishment scope. The auction sale process and legal pack conditions are material to the purchase — allow time for legal and technical due diligence before bidding.
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