For Sale by Auction on the 26th of November 2026
Guide Price £450,000+
A substantial freehold investment opportunity occupying a highly sought-after residential location and offering considerable scope for improvement, rental growth and potential break-up value. The property comprises eight flats, three of which have been sold off on long leases, two are currently let on ASTs, and three are vacant. Also included within the sale are two garages, providing an additional income stream or if preferred, sold off separately.
Situated within this highly popular residential location, the property provides easy access to Brighton City Centre and all it has to offer. Excellent transport links are close by, with regular bus services and Preston Park mainline railway station within easy reach, together with a wide range of local amenities and facilities.
Flats Sold Off
Flat 1 – One bedroom: 152 years remaining
Flat 2 – Studio: 152 years remaining
Flat 7 – Studio: 62 years remaining (lease extension currently progressing outside of the sale)
Flats Currently Let
Flat 3 – Studio: £535 pcm
Flat 4 – One bedroom: £850 pcm, paid £5,100 paid every six months
Please note that both flats are considered to be significantly under-let, providing excellent potential for a meaningful increase in rental income.
Vacant Flats
Flat 5 - Studio
Flat 6 - One Bedroom
Flat 8 - Studio
Garages
Garage 6 - Vacant
Garage 8 - Let at £250 Per Quarter
This represents an exciting opportunity to acquire a substantial freehold investment at a very attractive guide price, with existing rental income, three vacant flats, two garages and significant potential to add value through refurbishment and rental growth. The property's configuration may also lend itself to a potential break-up strategy.
Please note fees are payable in respect of the sale of this property, please refer to Auctioneer for details.
Please be aware that we are relying on the information provided by our client, please refer to the
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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