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ONE BEDROOM SECOND FLOOR CONVERTED FLAT
£174,950 SHARE OF FREEHOLDA good sized one double bedroom, 2nd floor (top) converted flat, located moments from Hove station. The property has a modern kitchen and white bathroom and has a very good sized loft space for possible conversion subject to planning permission.
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The newly built stadium has been named as the best new sporting stadium in the world
Read moreFlat 1, 47 Brunswick Place, Hove, BN3 1NE 
CONVERTED STUDIO FLAT IN PERIOD BUILDING
£107,500 Share of FreeholdAn east facing lower ground studio flat in a period building in a great location.
Initial outlay required: £35,030Location: Brunswick Place is a very sought after area of Hove being just off Western Road with its fine range of high street shopping and variety of fine restaurants. Hove's fine promenade with wide lawns and bathing beaches is 400 yards away. Both Brighton & Hove mainline stations are within walking distance with alternative of the many fast frequent buses that pass along Western Road. VIEW MAP STREET VIEW
Description: The building is bow fronted Regency period in a conservation area. The studio is at the front on the lower ground floor and shares an entrance with flat 2. The flat is currently let to an ideal tenant who has lived in the property for 5 years.
Approximate Area: 300 sq feet
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Entrance: Steps down to glass panelled front door, shared corridor to own front door.
Internal hall with doors to bathroom and lounge with built in cupboard
Studio Room: Approx 15'6 x 17'6. Two sash windows in bow front, built in storage cupboard.
Kitchenette: Stainless steel sink unit with cupboards beneath, space for washing machine/fridge. Built in oven, hob and extractor, two wall mounted cupboards.
Bathroom: modern white suite comprising panelled bath, low level wc and pedestal wash hand basin. White tiled walls, electric shower over bath
Outgoings:
Lease: Share of Freehold
Maintenance: £925 pa
Ground Rent: £30 paRecommended Update: None
A professional electrical survey may reveal work not covered by the update. It is recommended that an electrical survey is carried in addition 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 1, 47 Brunswick Place, Hove, BN3 1NE
Financial Forecast GuideAsking Price £107,500 Set Up Costs Solicitors Fees £780
incl VAT excl disbursements Research Fee £2,000 Purchase Costs Assumed Purchase Price £107,500 Estimated Update £0 incl 10% supervision fee Stamp Duty nil commencing @ 1% over £125k TOTAL £107,500 Estimated Rental Income Rent per week £124 Rent per month £540 Rent per year £6,480 Owner's Annual Operating Costs Rental Agent's Fees £1,118 @ 15% plus VAT Ground Rent £30 per annum Maintenance Charge £925 per annum TOTAL £2,073 per annum Summary Gross Rent Per Year £6,480 Annual Operating Costs £2,073 Nett Cash In Hand pa £4,407 Nett Cash In Hand pm £367 Mortgage - Assuming 70% Loan £75,250 Total Cash Outlay £35,030 Next >
