You are here  Home Hot Properties One Bedroom Flat 7, 3 Belmont, Brighton BN1 3TF

Latest Hot Properties

  • Flat 1, 47 Brunswick Place, Hove, BN3 1NE

    47brunswick2small CONVERTED STUDIO FLAT IN PERIOD BUILDING
    £107,500  Share of Freehold

    An East facing lower ground studio flat in a period building in a great location.
    Initial outlay required: £34,340

    Read more...
  • 6 Valverde House, Eaton Gardens, Hove BN3 3TU

    6val-small RARELY AVAILABLE THREE BEDROOM PURPOSE BUILT GROUND FLOOR APARTMENT
    £249,950 LEASEHOLD (999 Years)

    Exceptional three bedroom purpose built apartment in modern building, great long lease, close to good transport links to London.   The perfect long term investment.
    Initial outlay required: £80,184

    Read more...
  • Flat 2, 15 Brunswick Road Hove BN3 1DG

    15brunswickrdsmall RAISED GROUND FLOOR STUDIO FLAT
    £112,500 LEASEHOLD

    This studio flat is located in a central area of Hove much sought after by tenants.  This property does not require any refurbishment and the current tenant is keen to remain.  An ideal investment opportunity.  SOLD
    Initial outlay required: £36,450

    Read more...
  • 20 Manhattan Court, Tongdean Lane, Brighton BN1 5JG

    20mancsmallSECOND FLOOR PURPOSE BUILT TWO BEDROOM MODERN APARTMENT
    £174.950 Leasehold

    A modern apartment in a well maintained block with two double bedrooms, double glazing, balcony, well fitted kitchen and undercover car parking.

    Initial outlay required: £56,175

    Read more...
  • Flat 2, 76 Walsingham Road Hove BN3 4FF

    76walsinghamrdsmallONE BEDROOM GROUND FLOOR CONVERTED FLAT
    £149,950 LEASEHOLD

    An ideal buy to let investment situated in a prime residential location.  Local amenities are close by and the seafront with its excellent bathing beaches is just at the end of the road.  The area is well served by bus routes into the city centre and a mainline railway station.
    Initial outlay required: £51,185

    SOLD

    Read more...
Flat 7, 3 Belmont, Brighton BN1 3TF Print E-mail

3belmontsmall.jpgONE BEDROOM FIRST FLOOR PERIOD CONVERTED FLAT
£172,500

Recently refurbished to a high standard, this apartment is located in the very popular Seven Dials district of Brighton.  An ideal buy to let investment property.
Initial outlay required: £57,175

SOLD 

Location: The popular Seven Dials district of Brighton offers a wide range of restaurants, bars and shops.  The location is ideal for commuters as Brighton mainline train station is just a quarter of a mile away.

Description: The accommodation consists of and open plan contemporary lounge/kitchen, a double bedroom and a modern bathroom.  The hallway is a good size - ideal for a compact office area or a small dining suite.

Approximate Area: 350 square feet

Entrance: Communal entrance with stairs rising to first floor.

Open Plan Lounge/Kitchen  14'5 x 13'6

Lounge Area: Exposed varnished wooden floorboards with high skirting boards.  Sash window to front.  Radiator, picture rail.

Kitchen Area: Range of contemporary base and eye level units with contrasting work surface over.  Feature lighting to underside of wall mounted units.  Inset stainless steel sink with drainer and mixer tap.  Inset stainless steel four ring hot plate with concealed extractor over.  Integrated stainless steel oven and grill.  Space and plumbing for washing machine, space for fridge.  Wall mounted boiler.  Tiled flooring.

Bedroom: 12'11 x 8'3  Neutral carpet, high skirting boards.  Sash window to front.  Radiator, picture rail.

Bathroom:Three piece modern suite consisting of a panel enclosed bath with chrome mixer tap and hand held shower attachment with wall mounted over sized chrome shower head and glass shower screen, close coupled dual flush wc and wall mounted pedestal wash hand basin.  Part tiled walls with tiled effect laminate floor and high skirting boards.  Obscure window to the side, radiator.

Outgoings:

Lease: 125 years
Maintenance: £763 pa
Ground Rent: £100 pa

Recommended Update: New appliances and carpet for lounge area.

A professional electrical survey may reveal work not covered by the update. It is recommended that an electrical survey is carried in additon to the valuation survey at a cost of GBP 180.00 (inclusive of VAT) 

These details are produced in good faith but are set out as a guide only and do not constitute any form of contract nor any statement contained therein to be representation or warranty. Any intended purchasers must satisfy themselves by inspection or under advice of their solicitor particularly in context of any approved plans for other on site or nearby development.

FINANCIAL FORECAST: FLAT 7, 3 BELMONT, BRIGHTON BN1 3TF
Financial Forecast Guide

Asking Price £172,500  
 
Set Up Costs
Solicitors Fees £700 incl VAT excl disbursements
Research Fee £2,000  
 
Purchase Costs
Assumed Purchase Price £172,500  
Estimated Update £1,000 incl 10% supervision fee
Stamp Duty £1,725 commencing @ 1% over £125k
TOTAL £175,225  
 
Estimated Rental Income
Rent per week £175  
Rent per month £758  
Rent per year £9,100  
 
Owner's Annual Operating Costs
Rental Agent's Fees £1,570 @ 15% plus VAT
Ground Rent £100 per annum
Maintenance Charge £763 per annum
TOTAL £2,433 per annum
 
Summary
Gross Rent Per Year £9,100  
Annual Operating Costs £2,433  
Nett Cash In Hand pa £6,667  
Nett Cash In Hand pm £556  
 
Mortgage - Assuming 70% Loan £120,750  
 
Total Cash Outlay £57,175  
< Prev   Next >
 
Why RDA?   What We Do
 
Home Finder   Short Term Lets   Student Accommodation