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Denmark Villas, Hove, East Sussex

Key features

  • 8 Individual Apartments
  • Close proximately to public transport links - 5 & 21 bus and several Outstanding/Good Ofsted rated schools.
  • 0.2 miles from Hove centre.
  • 0.3 miles to Brighton’s popular seafront.
  • Currently all with tenants insitu, the property offers outstanding income potential for investors of over £100,000 per annum.

Description

Presenting a remarkable investment opportunity in the sought-after coastal location of Hove, Brighton. This impressive freehold development comprises eight individual apartments, perfectly positioned to generate a strong yield. Currently all with tenants insitu, the property offers outstanding income potential for investors of over £100,000 per annum, whilst in the long run also offering scope for future conversion back to its original homes, subject to planning consent.

The two converted semi- detach houses comprise of :

Number 34 -
1 Bedroom Ground Floor Flat, 2 x Studio Apartments, 1 Bedroom First Floor Flat, 1 Bedroom Top Floor Flat

Number 36 -
1 Bedroom Lower Ground Floor Flat, 1 Bedroom Ground Floor Flat, Split Level 1st & 2nd Floor 4 Bedroom duplex currently set up as an HMO.

Current rental incomes, some of which have been in residence for over 10 years are as follows:

Number 34
Ground Floor - 1B - £1,150 pcm
1a - Studio - £995 pcm
1b - Studio - £900 pcm
FF - 1B - £1,000 PCM
Top Floor - 1B - £1,000 pcm

Number 36
LGF - 1B - £995 pcm
GF - 1B - £1,200 pcm
1st & 2nd Floor 4 Bed Split Level - £2,350 pcm

Monthly Income =£9,590
Yearly Income = £115,080

Boasting communal gardens, residents enjoy a peaceful outdoor retreat—a rare find in such a vibrant urban setting. The location offers an enviable lifestyle, with the stunning seafront and Hove Lawns just a short stroll away, providing the perfect backdrop for morning runs or leisurely weekend walks. It’s only moments from the eclectic mix of independent cafes, restaurants, and boutique shops along Church Road, while the creative heart of central Brighton is easily reached by local transport links.

The photos and floor plan are a selection from some of the properties, for further information please do enquire.

Important Notice: We have prepared these property particulars as a general guide to a broad description of the property. They are not intended to constitute part of an offer or contract. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floorplans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Lease details, service charges and ground rent (where applicable) and council tax are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts. The copyright of all details, photographs and floorplans remain exclusive to Leaders. ‘’These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However, any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale.

Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.’’ Successful buyers will be required to complete online identity checks provided by Lifetime Legal. The cost of these checks is £80 plus VAT per purchase which is paid in advance, directly to Lifetime Legal. This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection.

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Particulars
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: TBC
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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Denmark Villas, Hove, East Sussex

Approximate location

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Affordability

Monthly repayments£11,057
Property: £ 2,200,000
Deposit: £ 220,000
Interest rate: 5.35%
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.
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About Leaders Sales, Western Road

119-120 Western Road, Brighton, East Sussex, BN1 2AD

Welcome to Leaders Western Road, Brighton

Leaders is one of the UK's largest and most-established independent estate and lettings agencies. With a network of over 120 branches, Leaders provides its customers and clients with a comprehensive range of property services including: residential sales, lettings and property management, financial advice, conveyancing, surveys and valuations and land and new homes, meaning our clients and customers can achieve all their property solutions 'Under One Roof'.

Whether you are buying, selling, renting or letting, Leaders prides itself on delivering a market-leading service, thanks to its experienced staff. With professional membership of ARLA, NAEA and The Property Ombudsman, our customers can rest assured that Leaders' services are delivered with the highest possible standards, by qualified property professionals.

Leaders' sales teams are well-versed in the current property market, staying up-to-date with the latest property news and economics. From providing a free, accurate valuation of your home to marketing your property with professional photography and floorplans, Leaders can be trusted to handle the sale of your home with knowledge, professionalism and a personable approach.

Whether you're a first-time or accidental landlord, or a seasoned property investor, Leaders' extensive range of lettings and property management services are there to cater to each individual. From expert buy-to-let advice and finding the right investment property, to securing reliable tenants and maximising your return, you can rely on us to provide a personal and bespoke service. New to the rental market? Leaders' monthly property insights are prepared by our property experts and offer you honest, reliable and up-to-date advice on all things property.

To find out how Leaders can help you to achieve the best results, whether buying, selling, renting or letting your home, contact your local branch today.

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Disclaimer - Property reference WEB260204. 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 Leaders Sales, Western Road. 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.