Skip to content

Grand Parade, Brighton

PROPERTY TYPE

Block of Apartments

BEDROOMS

8

BATHROOMS

6

SIZE

2,637 sq ft

245 sq m

TENURE
Describes 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

  • Freehold investment opportunity
  • Four self-contained flats
  • Fully occupied with no vacant units
  • Current income of £83,364 per annum
  • Gross yield of approximately 6.9%
  • Grade II Listed period building
  • Extensively renovated in 2023
  • Prime Brighton city centre location
  • Moments from seafront and Brighton Station
  • Potential for individual titles subject to setup

Description

A rare opportunity to acquire a fully occupied freehold investment property in the heart of Brighton city centre, arranged as four self-contained flats within an attractive Grade II Listed period building. Extensively renovated in 2023, the property occupies a prime central position moments from Brighton seafront, the Pier, North Laine and Brighton Station, making it an exceptionally strong long-term investment opportunity. 

The building is currently fully let with no vacant flats and generates a total annual income of £83,364, producing a gross yield of 6.9%. Arranged across five storeys, the property comprises a mix of studio, two and three-bedroom apartments, all presented in good decorative order throughout. The flats are considered ideal for holiday letting in the future (subject to any necessary consents). 

The property remains under a single freehold title, although the seller is willing to create individual titles upon sale if required. 

Flat 1 
A lower ground floor two-bedroom apartment with private street entrance and courtyard garden. The flat offers well-balanced accommodation including a separate kitchen, two bedrooms and two shower rooms, alongside private outside space. 

Flat 2 
A ground floor two-bedroom apartment with bright open-plan living space and modern interiors throughout. The property includes two bedrooms and two shower rooms, making it particularly appealing to professional tenants. 

Flat 3 
A well-presented first floor studio apartment with feature bay window, open-plan living area and separate sleeping space. Compact yet highly functional, the flat is ideally suited to Brighton’s strong rental market. 

Flat 4 
A spacious three-bedroom apartment arranged across the second and third floors of the building. The property offers generous accommodation over two levels with open-plan living space.  

Location 

Grand Parade is ideally positioned in the centre of Brighton, moments from the seafront and within walking distance of many of the city’s best-known landmarks and amenities. North Laine, with its independent cafés, restaurants, shops and bars, is just around the corner, while Brighton Pier, the Royal Pavilion and Churchill Square are all easily accessible on foot. 

Brighton Mainline Station is approximately 0.4 miles away, providing direct links to London, Gatwick and along the south coast, while regular local bus services operate nearby across Brighton and Hove. The location continues to prove consistently popular with both professional and student tenants, contributing to the property’s strong ongoing rental demand. 


EPC Rating: C

Garden

Courtyard garden with lower ground floor flat.

Parking - Permit

On street permit holder parking in zone C.

Disclaimer

All property details have been provided by the owners. While Number Twenty Four strives for accuracy, we cannot guarantee the completeness or correctness of this information. Buyers and renters are advised to conduct their own due diligence before proceeding with a purchase or let.

Brochures

Brochure
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: A
LISTED PROPERTYA property designated as being of architectural or historical interest, with additional obligations imposed upon the owner.Read more about listed properties in our glossary page.
Listed
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Permit
GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
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

Grand Parade, Brighton

Approximate location

Add an important place to see how long it'd take to get there from our property listings.

__mins driving to your place

Affordability

Monthly repayments£6,018
Property: £ 1,200,000
Deposit: £ 120,000
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Recently sold & under offer
See similar nearby properties

About Number Twenty Four, Covering Sussex

The Projects Ship Street, 8-9 Ship Street, BN1 1AD
Industry affiliations:Industry affiliation logo 0

We're Number Twenty Four, your local property experts. Our mission is to simplify the process of buying or selling a home and to take the uncertainty out of one of the most important life decisions you can make. You can trust us to give honest, reliable and timely advice which will never leave you guessing - we will communicate with you at every step in a way that suits you.

We're a small and experienced team of three and are passionate about property. We're a family run business and are intentional in everything we do. We're here to make a difference in the South East property industry and are committed to making the experience enjoyable for all.

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference dbc80365-f34b-43e0-b867-d5b5b3fb2f6d. 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 Number Twenty Four, Covering 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

Map data ©OpenStreetMap contributors.