2 Freehold Terrace, Brighton BN2 1 bed apartment for sale

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2 Freehold Terrace, Brighton BN2 1 bed apartment for sale

Freehold Terrace, Brighton
£1,650,000

Our Summary

  • Freehold Investment For Sale: Rare and Secure Residential Investment OpportunityThis modern, well-presented residential development comprises seven self-contained apartments, offering a mix of one, two, and three-bedroom units, each benefiting from private outdoor space, including gardens, balconies, or terracesConstructed within the last decade, the building features a combination of concrete and timber frame construction, finished with coloured render and matching aluminium windows
  • This presents a rare and secure residential investment opportunity, offering strong rental demand in a highly sought-after location

Description

This modern, well-presented residential development in a highly sought-after location comprises seven self-contained apartments, offering a mix of one, two, and three-bedroom units, each with private outdoor space. The apartments feature high-quality finishes, including fitted kitchens and bathrooms, gas-fired central heating, and a mix of carpet, wood veneer, and tiled flooring. The property offers strong rental demand and is being sold as a freehold investment opportunity, with a total rental income of £9,440 per month, equivalent to £113,280 per annum. The freehold interest is being offered for sale at £1,650,000, generating a Gross Initial Yield of approximately 7.03%. Additionally, two adjacent garages are available for purchase at a combined price of £50,000.