Flat 6, 37 Brunswick Terrace, Hove, East Sussex, East Sussex, BN3 1HA
A magnificent Grade 1 listed building situated in one of the most sought-after areas on Hove's stunning seafront, close to all amenities and bus routes. A well presented one bedroom apartment offered to the market with no onward chain.
A magnificent Grade 1 listed building situated in one of the most sought-after areas on Hove's stunning seafront, close to all amenities and bus routes.
A well presented one bedroom apartment offered to the market with no onward chain.
|Double Glazing,Gas Fired Central Heating,Sea Views,Shower|
One of Hove's biggest attractions is it's glorious seafront with the beautiful remains of the West Pier standing silent guard over the area.
This magnificent building of exceptional interest is located very central to Brighton city centre within 10-15 minutes walk with alternative bus routes touring all over the city. Brighton station is a 10 minute bus ride away for commuters and general transport.
Even closer by is the beach, Hove Lawns, a local swimming pool with a gym next door, delicious independent cafes along the seafront road and the main Western Road, Brunswick Square & Palmeira Square (lovely enclosed grass areas perfect for picnics, meeting friends, walking your dog or just relaxing on a bench or on the grass). As you step out of the buildings front door you need cross the road in-front of you and you are on Hove Lawns; perfect for meeting with friends, BBQ's, exercising etc. A further 30m walk and you are on the beach promenade with the beach running just below ground level.
|Shopping Area,Town Centre,Coffee Shop,Beach,Cinema,Park,Restaurants|
Secure double lock door leading to entrance lobby
|Lounge / Dining:||
16' 5" x 9' 11" Double aspect windows, neutral décor, fully carpeted through-out, feature bannister alongside steps leading down to bathroom/bedroom area
9' x 8' 9" Modern kitchen with new white fitted base cupboards complementing the wooden worktops. Integrated electric fan oven with four ring gas hob and an extractor/cooker hood, washing machine and fridge/freezer, stainless steel splash back, fitted glass fronted wall unit, cupboard housing wall mounted glow worm boiler and tiled floor
12' 2" x 7' 11" Wall to wall range of fitted wardrobe cupboards with hanging rail and shelving, double radiator and window
White suite, fully tiled bathroom with electric shower over bath, pedestal wash hand basin with mixer tap, low level WC, window, radiator
Share of freehold
A Financial Forecast highlighting costs and projected income is included for each property. This data enables clients to make informed decisions before proceeding with a purchase. Please see below for Financial Forecast Guide.
|Set Up Costs|
|Solicitors Fees||£780||incl VAT excl disbursements|
|Research Fee||£2,000||excl. VAT|
|Assumed Purchase Price||£229,950|
|Estimated Update||£0||incl 10% supervision fee|
|Stamp Duty||£2,100||commencing @ 1% over £125k|
|Estimated Rental Income|
|Rent per week||£196.15|
|Rent per month||£850.00|
|Rent per year||£10,200.00|
|Owner's Annual Operating Costs|
|Rental Agent's Fees||£1,759.50||@ 15% plus VAT|
|Ground Rent||£200||per annum|
|Maintenance Charge||£1,750.00||per annum|
|Gross Rent Per Year||£10,200|
|Annual Operating Costs||£3,509.50|
|Nett Cash In Hand pa||£6,690.50|
|Nett Cash In Hand pm||£557.54|
|Mortgage - Assuming 70% Loan||£160,965|
|Total Cash Outlay||£73,865||Incl. 30% Deposit, Update, Stamp Duty & Set Up Cost|
The price of the property as advertised.
SET UP COSTS
These are costs associated with the purchase of the property.
The Solicitors Fees are the costs for undertaking the legal work. This fee does not include the disbursements. The RDA Research Fee of £2,000 covers our expenses in relation to sourcing and identifying the property as an ideal investment in terms of asset growth and rental potential. It also includes our assistance with the purchase process. RDA monitors and progress chases property purchases and assists with all/any matters arising on behalf of our clients.
Please be aware if this is an addition to your property portfolio stamp duty will be an additional 3% of the purchase price.