Chichester Place, Brighton
- PROPERTY TYPE
End of Terrace
- SIZE
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- 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
- For Sale by Auction on 24th June 2026
- Substantial Double Fronted Freehold Investment
- Comprising 2 Buildings
- 5 Flats All Let on Assures Shorthold Tenancies
- Current Rental income of 55,800 Per Annum Considered Significantly Underlet
- 3 Flats Sold Off On Long Leases with unexpired terms of between 65 to 73 Years
- Meaningful Break Up Value Included
- Outstanding And Highly Soughtafter Location
Description
Guide price £850,000+
A substantial double-fronted (2 buildings) four-storey freehold building situated in the popular Kemptown location with significant break up discount included comprising of 5 x 1 bedroom flats currently let on AST's as follows:
Basement Flat: £1,100 pcm (benefits from outside space)
Ground Floor Flat: £850 pcm
First Floor Flat (non self-contained): £800 pcm
Top Floor Flat: £900 pcm
Top Floor Flat £1,000 pcm
The total passing rent per annum is £55,800 however it is considered this is an under let amount and has room for meaningful uplift.
In addition there are 3 flats all sold off on long leases with diminishing unexpired lease terms as below:
Basement Flat: 73 years remaining
Ground Floor Flat: 69 years remaining
Second Floor Flat: 65 years remaining
As you will note, there are significant future premiums to be gained in respect of lease extensions.
Ideally located on Chichester Place, the property benefits from excellent connectivity and easy access to a wide range of local amenities. Situated just a short distance from the Sussex County Hospital, the area is particularly popular with training doctors and nurses, contributing to strong and consistent rental demand.
This prime location enhances the appeal of the flats to both tenants and prospective owner-occupiers, making it an attractive long-term investment opportunity.
Please note fees are payable in respect of the sale of this property, please refer to Auctioneer for details.
Please be aware that we are relying on the information provided by our client, please refer to the legal pack to satisfy all enquires.
ALL MEASUREMENTS AND FLOORPLANS ARE APPROXIMATE, FOR ILLUSTRATION PURPOSES ONLY AND ARE NOT TO BE RELIED UPON.
Brochures
Chichester Place, Brighton- 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.
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- 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.
- Yes
- 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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Energy performance certificate - ask agent
Chichester Place, Brighton
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Visit our security centre to find out moreDisclaimer - Property reference 34634676. 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 Parsons Son & Basley, 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.
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 Parsons Son & Basley, Brighton on 01273 109882.
*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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