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2 bedroom flat for sale
Hove Street, Hove, East Sussex, BN3
£295,000
Hove Street, Hove, East Sussex, BN3
£295,000
Our Summary
- There is potential for loft-conversion validated by a contractor and architect / planning consultant subject to the necessary consents
- Ideal investment opportunity
Description
This two-bedroom, one-bathroom apartment is located on the top floor of a building in the heart of Hove, with an off-road parking space and shared outdoor space. While it's currently livable, it would benefit from renovation, and there's potential for a loft conversion, which has been validated by a contractor and architect/planning consultant pending necessary consents. The property offers an ideal investment opportunity, with an estimated end valuation of £500,000 with the loft conversion or £350,000 without. The property comes with a 999-year lease and a 1/3 share of the block freehold, along with a service charge of around £1,000 per annum and a £1 per annum ground rent.