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Top Flat 85 Sackville Road Hove BN3 3WE

85sackvillesmall.jpgONE BEDROOM FIRST FLOOR FLAT
£157,500

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Initial outlay required: £42,000

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Flat 7, 3 Belmont, Brighton BN1 3TF

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.
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43 Cromwell Road Hove Print E-mail

43cromwellroadsmall.jpgTWO BEDROOM FIRST FLOOR FLAT
£189,950 LEASEHOLD

A first floor, two bedroom converted flat forming part of a period property just a short walk from Hove Station.  A great rental property - perfect for commuters.
Initial outlay required: £65,830

SOLD

Location: Cromwell Road is conveniently situated for easy access to Hove railway station, an excellent range of shopping facilities and an abundance of fine restaurants and wine bars.  Hove seafront and Sussex County Cricket Club are also within walking distance.  Both the trains and local buses provide quick, reliable services to the centre of Brighton and beyond.

Description: A two bedroom, first floor converted flat within a converted period property in a sought after central Hove location.  This property benefits from gas fired central heating and a separate kitchen.

Approximate Area: 500 square feet

Entrance: Communal front door leading to communal entrance hall with stairs rising to first floor and private front door.  Entrance hall with door entry phone system, picture rail and coved ceiling.

Lounge: 18'3 into bay narrowing to 14' x 12'4 into recess  A bright. sunny South facing room with bay windows.  Radiator, picture rail and coved ceiling.

Kitchen: 1' x 7'1  Fitted with a range of units comprising eye level wall cupboards and base cupboard and drawer units with roll top work surfaces over.  Single bowl with single drainer stainless steel sink unit with tiled surround.  Plumbed space for washing machine, space for fridge and freezer, space for oven and hob, extractor fan unit over.  Built in cupboard housing central heating boiler, South facing window and coved ceiling.

Bedroom One:  13' x 8'1  East facing window, radiator and coved ceiling.

Bedroom Two:  12'6 maximum x 8'8 maximum (irregular shape)  East facing window, radiator.

Bathroom:  Fitted with white suite comprising bath with tiled surround and mixer tap with shower attachment, wall mounted wash basin with tiled splash back and low level wc.  Radiator, extractor fan and coved ceiling.

Outgoings:

Lease: 86 years remaining
Maintenance:£1,100 per annum
Ground Rent:£100 per annum

Recommended Update: Redecoration, new blinds, new carpets and new kitchen appliances.

A professional electrical survey may reveal work not covered by the update.

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: 43 CROMWELL ROAD, HOVE
Financial Forecast Guide

Asking Price £189,950  
 
Set Up Costs
Solicitors Fees £645 incl VAT excl disbursements
Research Fee £1,500  
 
Purchase Costs
Assumed Purchase Price £189,950  
Estimated Update £4,800 incl 10% supervision fee
Stamp Duty £1,900 commencing @ 1% over £175k
TOTAL £196,650  
 
Estimated Rental Income
Rent per week £190  
Rent per month £823  
Rent per year £9,880  
 
Owner's Annual Operating Costs
Rental Agent's Fees £1,704 @ 15% plus VAT
Ground Rent £100 per annum
Maintenance Charge £1,100 per annum
TOTAL £2,904 per annum
 
Summary
Gross Rent Per Year £9,800  
Annual Operating Costs £2,904  
Nett Cash In Hand pa £6,976  
Nett Cash In Hand pm £581  
 
Mortgage - Assuming 70% Loan £132,965  
 
Total Cash Outlay £65,830  
 
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