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9 bedroom block of apartments for sale

12 Brunswick Square, Hove, BN3

Guide Price* £2,200,000

Property Description

Full description

A rare opportunity to acquire a freehold block of flats in one of the country's most prestigious Regency squares. The building comprises 6 stunning flats, 2 of which have been sold off on long leases. The ground floor and large first floor flat are included in the sale.

A Grade I listed 5 storey building in one of the finest Regency squares in England




situation

The property is located on the eastern side of the square equidistant to the seafront and Western Road with its selection of shops, restaurants and bars.

This highly prized central location is arguably the best address in Hove and is a short distance from the railway station and the centre of Brighton.


Description

Number 12 differs to the majority of bow fronted buildings in the square by having distinct bay windows. The first floor being ornamented with iconic columns and an iron railed balcony. The front elevation was decorated this year and many of the flats have also been refurbished.

The whole building is divided into 6 flats with the top floor and the front half of the basement sold off on leases (150 years from 25.12.2000). The current freeholder has recently been using the property for holiday lets and has done for many years.


Summary of flats

Flat 1 - Sold off on a long lease
Flat 2 - Lower Ground Floor (rear). One bedroom flat with patio. Potential to convert into a 2 bedroom (STNC). Let on an AST at £1,095pcm.
Flat 3 - Ground floor. 2 bedrooms, 2 bathrooms, large living room with square and sea views, and large roof terrace. Vacant possession.
Flat 4 - First floor. Beautiful balcony flat with full length sash windows affording fine sea and square views. Three bedrooms and three bathrooms with maisonette feature at the rear. Vacant possession.
Flat 5 - Second floor. 2/3 bedrooms, 2 bathrooms and access to large roof terrace (for restoration). Vacant possession.
Flat 6 - Third floor. Sold off on a long lease.


Summary

The sale of this building offers a rare opportunity to secure the freehold and four excellent flats in a prime Hove address. The flats could continue to provide an excellent return as short term lets or be further improved and sold off separately at premium values.



Listing History

Added on Rightmove:
18 November 2016

Map & Street View

Disclaimer - Property reference ah_sussex_1444888_19648. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Austin Gray, Auction House Sussex. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Austin Gray, Auction House Sussex on 01273 20 19 80.


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