Gladstone Place, Brighton

The Details

Floorplans Fees apply: Our fees Property ref: 12040902 Council tax band: D

• 1 Bedroom Flat
• Private rear garden
• Central location
• Lower Ground floor entrance
• Leasehold
• Later option to purchase a share of freehold
• EPC: D
• Asking: £250,000
• Rental return at £1,150pcm gross
• Rental potential at £1,250pcm gross

This lovely one bedroom flat is located on the lower ground floor of a beautiful Brighton townhouse. The property represents an excellent option for first time buyers, down sizers, upsizers, families or investment buyers!

The property is wonderfully located, just off of Lewes road, with a huge array of local amenities. Yet, due to there being no through access, the road feels quiet and private, and with the added benefit of a rear garden, which is a rarity in this part of the city.

Offered initially as a leasehold, there may be a later option to purchase a share of the freehold, as each flat in this building is currently listed for new ownership. Further details on this can be provided on request.

For the reference of investment buyers, the property is currently let agreed on a fixed term producing a gross rental at £1,150pcm / £13,800PA, with a re-let potential of £1,250pcm / £15,000PA