Seafield Road, Hove, East Sussex, BN3

3 mins walk from the sea with local cafes and bakeries on route, this grand Victorian property has 6 one bedroom self contained apartments currently let which together bring in a total of £4923.10 per month (£59.077 PA) – a 5.91% annual yield.

Ideal for professionals and commuters with Hove Station’s direct trains to Gatwick and London a 15 min walk, four storeys offer 2995.5 sq. ft. (323.3m2) of big bright rooms and the location is hard to beat with the vibrant, al fresco lifestyle of Church Road and George Street at one end of the street and Hove Lawns, with its friendly community of dog walkers, runners, keep-fit groups and events, close to the other.

There is one apartment on the lower ground floor with access to the walled garden , two apartments on the ground floor, one with access to the garden, two on the first floor and a large apartment spans the whole top floor, all in one of the most sought after spots on the coast with bus routes to take you into or out of the city.

In brief:
Style Freehold terraced house: rental income £4923.10pm, yield 5.91%
Type 6 apartments, all 1 bed
Area Hove
Floor Area 2995 sq ft
Outside Space One Lower Ground Floor apartment and one Ground Floor apartment has access to a garden
Parking Permit zone N
Council Tax Band TBC

Why you’ll like it:

Tucked away from the tourist trail but close to the sea and amenities including a gym, this is a fashionable area of our coastal city in a parking permit zone which stretches to Hove Station.
The main body of this double fronted house has a sensible layout with one 1 bed apartment on the lower ground floor, two 1 bed apartments on the first and second floor and a large 1 bed apartment on the top floor. NB Flat 1 has a regulated tenant.

On the lower ground floor on the North side there is a self-contained apartment with en suite bathroom and access to the rear walled garden. On the ground floor, to the left the apartment has an open plan living room and en-suite bathroom, on the right, the apartment has a spacious reception and separate kitchen and access to the garden.

On the first floor, to the left, the apartment has a big, bright living dining room with a kitchen next door and an en-suite bathroom, and across the hall, the apartment has a large room at the front with a kitchen/living/dining room at the back.
Up at the top, this apartment spreads its wings with a central kitchen at the front with access to under eave storage with a lounge/diner on one side of the hall and big bedroom, en-suite on the other, and there is the bonus of a large storage area on the stairs outside.

One additional apartment on the lower ground floor is separately owned and has its own entrance. The freehold for this property is included in the sale.

Agent says:

“Priced to sell, this is a spacious step on the investment ladder in an area well- connected to Brighton and Hove’s city centre (Amex and The Royal Sussex County Hospital are a 15 minute level bike ride along the seafront) and to Falmer, Lewes, Gatwick and London.”

Owner’s secret:

“A stroll from the beach and Hove Lawns, this is an area popular with young professionals as there is always something sociable happening from yoga or dog walking to open water swimming and major employers are easy to reach. All the rooms are light and airy, and the building is far quieter than its fashionable location may suggest.”

Where it is:
Shops: Local including , bakery & Co-Op 2 mins, Tesco and Church Road 4 min walk
Train Station: Hove 7 mins by cab or a 15 min walk past shops and bars
Seafront or Park: Seafront and Hove Lawns 3 mins walk, St Anne’s Wells Gardens 6 mins by car

Closest Schools:
Primary: Brunswick
Secondary: Hove Park, Cardinal Newman
Sixth Form: BHASVIC, City College
Private: Brighton College, Brighton & Hove High

A stone’s throw from the beach, Hove Lawns, also a stroll, have a friendly community of dog walkers, runners, keep fit clubs and hold events during festivals, so you won’t feel isolated if you are new to the city. Tucked quietly away off the coast road this is a sought- after location within minutes of fashionable shopping, restaurants, clubs, cinemas and theatres -all out of hearing. Close to the commercial districts and cultural heart of the city, the whole of Brighton and Hove is easy to reach on foot, by bus or by car and Hove Station with fast links to Gatwick and London is a 15 minute walk.