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The Priory, London Road, Brighton

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Investment opportunity
  • Ground floor apartment in purpose built block
  • Open plan living space, bedroom and bathroom
  • Caretakers flat with rental income £15,380 per annum increasing yearly with index of RPI
  • Gas CH
  • Great Location
  • 602.779 sqft/56 sq metres

Description

An outstanding opportunity awaits discerning investors on a well-located property with immediate returns in the vibrant city of Brighton. This charming one-bedroom ground floor apartment forms part of a purpose-built block on the highly sought-after London Road, offering unparalleled convenience and access to the city's myriad amenities.

Upon entering, you are greeted by an entrance hall that leads to an open-plan living space, creating a bright and airy atmosphere perfect for modern living. This versatile area seamlessly integrates the lounge, dining, and kitchen zones, providing an ideal environment for relaxation and entertaining. The contemporary layout maximises space and natural light, ensuring a comfortable and inviting home.

The apartment features a well-proportioned bedroom, offering a peaceful retreat after a busy day. Adjacent to this, a stylishly appointed bathroom provides all necessary comforts. The property benefits from gas central heating, ensuring warmth and efficiency throughout the colder months, contributing to a comfortable living experience year-round.

What sets this property apart is its unique investment proposition. This caretaker's flat is currently generating a substantial rental income of £15,380 per annum. Crucially, this income is contractually set to increase yearly in line with the Retail Price Index (RPI), offering a secure and growing return on investment. This makes it an incredibly attractive prospect for those looking to expand their property portfolio or secure a stable income stream from day one.

Location is paramount, and this apartment excels in that regard. Situated on London Road, residents benefit from excellent transport links, including access to Preston Park mainline train station, connecting you swiftly to London and beyond.

This property represents a robust investment opportunity in one of the UK's most desirable coastal cities. Whether you are an experienced investor seeking a reliable income-generating asset or a buyer looking for a purchase that offers financial security, this ground floor apartment on London Road is an unmissable prospect.

Brochures

Brochure 1
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.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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The Priory, London Road, Brighton

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About Oakley Property, Brighton

The Property Works, 30-31 Foundry Street, Brighton, BN1 4AT
Industry affiliations:

Oakley Property

We offer a comprehensive range of residential and commercial property services throughout Sussex which also includes new homes, land, professional and management services.

With over 30 years in the business, we continue to evolve and improve. We have enjoyed a hugely successful 2023 and 2024 promises to build on that success with exciting new projects across all sectors.

With our dedicated team of professionals continuing to grow, we have even greater confidence that we can provide the best service to you - whatever your property requirements.

Andrew Hovey

Residential Sales Director

T 01273 669699

E andrew@oakleyproperty.com

James Epps

Land and New Homes Director

T 01273 627414

E james@oakleyproperty.com

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£1,049
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference KLY_BRG_LFSYCL_901_1029461675. 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 Oakley Property, 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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