9 bedroom block of apartments for sale12 Brunswick Square, Hove, BN3
Guide Price* £2,200,000
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
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.
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.
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.
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*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.
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