Substantial Unbroken Freehold - Arranged As 5 x Self-Contained Flats Producing £65,220 Per Annum

A rare opportunity to acquire a substantial Grade II listed, terraced property - spanning over 5 storey's in favoured Lansdowne Place, Hove. This unbroken freehold is arranged as 5 x self-contained flats; to the lower ground and ground floor are two 1 x bedroom flats and to the first, second & third floors are three, 2 x bedroom flats. The ground floor flat benefits from a private garden, the lower ground floor has a courtyard garden to the rear. *Please note flat 1 and flat 4 are let to statutory tenants* Situation The property is located on the East side of Lansdowne Place, within the Brunswick Town Conservation Area - with multiple local amenities and Hove beach close by. Brighton City Centre is approximately 0.9 miles to the northwest of the property and Hove mainline station, just 0.8 miles to the northwest of the property - (London Victoria -1 hour 8 mins). Gatwick Airport is approximately 22 miles from the property. Location Pin (What3Words): silent.cried.taped https://w3w.co/silent.cried.taped NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, AND OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE. PLEASE ENSURE YOU HAVE READ THE LEGAL PACK AND SPECIAL CONDITIONS THOROUGHLY Tenure - Freehold Council Tax - Ground Floor - B First Floor - B Second Floor - B Third Floor - B Basement (104a) - B EPC Rating - Lower Ground Floor - C Ground Floor - E First Floor - D Second Floor - D Top Floor - G Flat 4 - E

Lot Type

Freehold Residential Investment

Accommodation

Lower Ground Floor Flat - 1 Bedroom Total Floor Area - 71 sq.m. Ground Floor Flat I bedroom Total Floor Area - 63 sq.m. First Floor Flat 2 Bedroom Total Floor Area – 65 sq.m. Second Floor Flat 2 Bedroom Total floor area - 64 sq.m. Top Floor Flat 2 Bedroom Total Floor Area - 78 sq.m. Tenancies Lower Ground Floor – Let on an Assured Shorthold Agreement, from 19th November 2024 for 6 months, expired 18th May 2025. The tenant is holding over. Current rent of £1,175pcm (£14,100pa). Ground Floor Flat – Let to a statutory tenant protected by the Rent Act 1977. Current registered rent is £760.00 per month. Registration date 15th July 2024 First Floor Flat – Let on an Assured Shorthold Agreement, from 7th May 2024 for 6 months, expired 6th November 2024. The tenant is holding over. Current rent of £1,300pcm (£15,600pa). Second Floor Flat - Let on an Assured Shorthold Agreement, from 22nd April 2024 for 6 months, expired

Additional Fees

Administration Charge - Purchasers will be required to pay an Administration fee of 1% (inc VAT) of the sale price, subject to a minimum of £1,750 (inc VAT)

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.