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Wilbury Grove, Hove

PROPERTY TYPE

Terraced

BEDROOMS

4

BATHROOMS

2

SIZE

2,384 sq ft

221 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

  • Rare freehold mixed-use investment opportunity
  • Approx. 2,384 sq ft (221.47 sq m) of accommodation
  • Ground floor Class E commercial premises
  • Commercial accommodation currently producing £16,500 per annum
  • Spacious four-bedroom maisonette offered with vacant possession
  • Excellent potential to increase overall rental income
  • Exclusive parking directly in front of the property
  • Ideal for creative studios, boutique offices, architects, wellness businesses and professional practices
  • Highly sought-after Wilbury Grove location
  • Moments from Church Road, Hove Station and the seafront

Description

Rare Freehold Mixed-Use Investment Opportunity | Prime Central Hove | Approx. 2,384 sq ft

An exceptional opportunity to acquire a substantial freehold mixed-use building in one of Hove's most sought-after and characterful mews locations. Extending to approximately 2,384 sq ft (221.47 sq m), this unique property comprises a modern Class E commercial premises on the ground floor together with a spacious four-bedroom maisonette arranged over the first and second floors.

The property further benefits from the rare advantage of exclusive parking directly in front of the building, providing convenient off-street parking for occupiers and visitors alike—an increasingly valuable asset within central Hove.

The ground floor commercial accommodation is currently let, generating £16,500 per annum, providing an immediate income stream for investors whilst offering excellent long-term rental growth potential. Finished to a high standard, the commercial space provides bright and versatile open-plan offices, meeting rooms, staff facilities and ancillary accommodation, making it ideal for a wide variety of occupiers including architects, designers, creative agencies, professional practices, wellness operators and boutique businesses.

Above, the impressive self-contained maisonette is offered with vacant possession, presenting an outstanding opportunity for an incoming purchaser to either occupy, let or retain as ancillary accommodation to the commercial premises. The apartment extends over two floors and offers generous family accommodation comprising a large sitting room, an impressive kitchen/dining room, four well-proportioned bedrooms and a spacious family bathroom.

The combination of an income-producing commercial investment together with a vacant residential property creates exceptional flexibility for a wide range of purchasers. Investors have the opportunity to increase the overall income by letting the maisonette, while owner occupiers may choose to occupy either the commercial premises or residential accommodation, creating an ideal live/work environment.

Situated just moments from Church Road, Hove Station and the seafront, Wilbury Grove is one of the city's most desirable mews addresses, renowned for its attractive period architecture and thriving mix of creative businesses, boutique offices and independent operators.

Freehold opportunities of this scale and versatility rarely become available in such a prime central Hove location.

Brochures

Wilbury Grove, HoveBrochure
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: D
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
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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Wilbury Grove, Hove

Approximate location

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Affordability

Monthly repayments£5,015
Property: £ 1,000,000
Deposit: £ 100,000
Interest rate: 5.33%
Term: 30 years
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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.
Renovation potential
Recently sold & under offer
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About Foster & Co, Hove

Ground Floor, 10 The Drive, Hove, BN3 3JA

Foster and Co Estate Agents are an independent sales & lettings agent situated on The Drive, just off Church Road in the heart of Hove covering Brighton & Hove and its surrounding areas.

Foster and Co was launched in 2017 by Edward Foster who is well known in the local area and holds many years of experience in estate agency within Brighton & Hove. As a company, we work hard to maintain our high standards of customer service and pride ourselves in being able to offer our clients excellent exposure for their homes on various platforms online and via social media.

Foster & Co has built up a large database of connections with clients situated locally, in London and internationally. We have a small, dedicated team and honour ourselves from being able to offer a personal service to all our clients, whether they wish to sell, buy, rent or let, we can help. We are also able to advise with larger scale developments, from the early stages of planning and pricing, through to selling homes off-plan and interior finishes.

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Disclaimer - Property reference 34836869. 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 Foster & Co, Hove. 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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