Dorset Gardens, Brighton
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
5
- BATHROOMS
5
- SIZE
1,902 sq ft
177 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Investment Opportunity currently generating 7.46% yield
- Freehold of the building
- Total Area of all Units 1903 sq ft
- Five self contained apartments
- Projected 8.27% Rental Yield
- Central Location Close to Brighton Mainline Station
Description
A rare and interesting opportunity to acquire an ongoing investment with entire freehold in central Kemptown, just minutes from the sea, the Lanes and easy transport links to the universities, Sussex County Hospital and Brighton station.
The property comprises 5 self-contained apartments generating approximately £55,000 per annum with a significant projected uplift to around £60,000 per annum.
Taking control of the freehold gives you autonomy over the running of the building as well as additional related income. Plus, the building has recently undergone
major works so you can rest easy knowing you are walking into a well-maintaned building with no major maintenance projects due in the foreseeable future.
Total area of the units is 177 sq m / 1903 sq ft. All units are secured with assured shorthold tenancies with some due for renewal at higher monthly rates.
Current Gross Yield: 7.46%
Annual Rental Income: £54,108
Projected Gross Yield: 8.27%
Projected Annual Income: £60,000
With a pedestrian plaza being constructed at one end of the lane and vibrant St James?s Street at the other, now is the time to buy this investment property.
There are two studio apartments on each floor and a large one bedroom flat with fantastic views on the top floor.
Owner?S Secret: - ?This location is ideal for professionals or students with easy access to the main employers of the city and colleges as well as local bus routes for the main university campus along the Lewes Road and at Falmer. It is also perfect for downtime too, close to the sea, shops and station.?
What?S Around You: - Shops: St James?s Street 1 minute, Georgian Lanes a 5- minute walk
Train Station: 10 minutes by bus
Seafront or Park: Seafront 2 minutes, Dorset Gardens 1 minute
Rented by both professionals and students this spacious property is in a sought- after location within moments of fashionable shopping, restaurants, clubs, cinemas, theatres- and the beach. Convenient for the courts, police station, Amex and the hospitals as well as Art Colleges and universities, it is well served for parks and gardens which provide cool green spaces but also host events in our legendary city festivals. Close to the famous cultural heart of our warm and inclusive city, the whole of Brighton & Hove is easy to reach on foot, by bus or by car and if you need swift access to the airports or London, the station is a 15 minute walk- or 5 by cab.
Brochures
10 Dorset Gardens investment brochure.pdfBrochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Dorset Gardens, Brighton
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Brighton Station0.6 miles
- London Road (Brighton) Station1.0 miles
- Moulsecoomb Station1.8 miles
About the agent
Created by award winning owners and directors Talitha Burgess, David Vaughan and Justin Webb, Aston Vaughan fuses lettings, sales and site development for a comprehensive service focused entirely on you and your needs.
Bringing 60 years of collective experience, extensive contacts both local and international and a hand- picked, dedicated team, we attract the best homes available to buy or to let in the vibrant city of Brighton and Hove, a
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Visit our security centre to find out moreDisclaimer - Property reference 33104134. 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 Aston Vaughan, Brighton. 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.
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