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COMMERCIAL

Selborne Road, Hove

£1,150,000
Austin Gray, Investment and Development Department
PROPERTY TYPE

Residential Development

BEDROOMS

7

SIZE

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Key features

  • Unbroken Residential Freehold Investment
  • Central Hove Location
  • Arranged as 6 x Self-Contained Flats
  • 1 x 2 Bed Flat
  • 1 x 1 Bed Flat
  • 4 x Studio
  • Vacant Lower Ground Floor Flat

Description

Unbroken Residential Freehold Investment Arranged As 6 x Self-Contained Flats.

Unbroken Residential Freehold Investment Arranged As 6 x Self-Contained Flats.

Description - An opportunity to purchase this semi-detached unbroken freehold investment property in the heart of central Hove. The accommodation is configured over 4 main floors, including lower ground, ground, first and second floors, arranged as 6 self-contained flats. The property is currently producing an annual income of approximately £61,680 per annum exclusive, however, the annual income will increase once the lower ground floor flat is tenanted.

Situation - The property is located within a conservation area and on the sought-after Selbourne Road, Hove. Church Road, one of the main commercial thoroughfares in Hove, is close by with its numerous amenities including, various cafes, restaurants and bars. The County Ground, home to Sussex Cricket is a short walk north, Hove railway station is approximately 0.7miles away and Hove seafront is within walking distance.

Accommodation - Lower Ground - 73.52sqm / 791.36sq ft
Ground - 61.65sqm / 663.60sq ft
First - 73.44sqm / 790.50sq ft
Second - 68.36sqm / 736.14sq ft
Total - 277sqm / 2,981.60sq ft

Tenancies - Lower Ground - 2 bed, vacant and recently refurbished.
Ground - £1,200pcm - £14,400pax – 1 bed let on an assured periodic tenancy.
Flat 1 - £995pcm - £11,940pax – Studio let on an assured periodic tenancy.
Flat 2 - £1,050pcm - £12,600pax – Studio let on an assured periodic tenancy.
Flat 3 - £900pcm - £10,800pax – Studio let on an assured periodic tenancy.
Flat 4 - £995pcm - £11,940pax – Studio let on an assured periodic tenancy.

Epc's - Lower Ground - C
Ground Floor - D
Flat 1 - E
Flat 2 - E
Flat 3 - D
Flat 4 - E

Council Tax - Lower Ground - B
Ground - B
Flat 1 - A
Flat 2 - A
Flat 3 - A
Flat 4 - A

Agent Notes - Annual income to increase once the lower ground floor flat is tenanted.
From 1st May 2026 fixed term Assured Shorthold Tenancies (AST) will automatically convert to rolling Periodic Tenancies.

Vat & Legal Fees - We understand the property is not elected for VAT. Each party is to bear their own legal costs incurred.

Brochures

34 Selborne Road - Sales Details.pdfBrochure

Selborne Road, Hove

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hove Station0.5 miles
  • Aldrington Station0.9 miles
  • Brighton Station1.0 miles
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About Austin Gray, Investment and Development Department

37 Vernon Terrace, Brighton, BN1 3JH

The department handles the private treaty sale of residential and commercial investment property, development sites, and land throughout Sussex and adjoining counties. This runs in conjunction with the firms' highly successful auction department which operates under the banner of Auction House Sussex & Hampshire.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 34876912. 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 Austin Gray, Investment and Development Department. 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.