Grand Parade, Brighton

Property Details: • Type: Block of Apartments • Tenure: FREEHOLD • Floor Area: 2637 sqft

Key Features: • Freehold investment opportunity • Four self-contained flats • Fully occupied with no vacant units • Current income of £83,364 per annum • Gross yield of approximately 6.9% • Grade II Listed period building • Extensively renovated in 2023 • Prime Brighton city centre location • Moments from seafront and Brighton Station • Potential for individual titles subject to setup

Location: • Nearest Station: Brighton Station • Distance to Station: 0.33011713569095835 miles

Agent Information: • Address: The Projects Ship Street, 8-9 Ship Street, BN1 1AD

Full Description: <p>A rare opportunity to acquire a fully occupied freehold investment property in the heart of Brighton city centre, arranged as four self-contained flats within an attractive Grade II Listed period building. Extensively renovated in 2023, the property occupies a prime central position moments from Brighton seafront, the Pier, North Laine and Brighton Station, making it an exceptionally strong long-term investment opportunity. </p><p>The building is currently fully let with no vacant flats and generates a total annual income of £83,364, producing a gross yield of 6.9%. Arranged across five storeys, the property comprises a mix of studio, two and three-bedroom apartments, all presented in good decorative order throughout. The flats are considered ideal for holiday letting in the future (subject to any necessary consents). </p><p>The property remains under a single freehold title, although the seller is willing to create individual titles upon sale if required. </p><p><strong>Flat 1</strong> <br />A lower ground floor two-bedroom apartment with private street entrance and courtyard garden. The flat offers well-balanced accommodation including a separate kitchen, two bedrooms and two shower rooms, alongside private outside space. </p><p><strong>Flat 2</strong> <br />A ground floor two-bedroom apartment with bright open-plan living space and modern interiors throughout. The property includes two bedrooms and two shower rooms, making it particularly appealing to professional tenants. </p><p><strong>Flat 3</strong> <br />A well-presented first floor studio apartment with feature bay window, open-plan living area and separate sleeping space. Compact yet highly functional, the flat is ideally suited to Brighton’s strong rental market. </p><p><strong>Flat 4</strong> <br />A spacious three-bedroom apartment arranged across the second and third floors of the building. The property offers generous accommodation over two levels with open-plan living space.  </p><p><strong>Location</strong> </p><p>Grand Parade is ideally positioned in the centre of Brighton, moments from the seafront and within walking distance of many of the city’s best-known landmarks and amenities. North Laine, with its independent cafés, restaurants, shops and bars, is just around the corner, while Brighton Pier, the Royal Pavilion and Churchill Square are all easily accessible on foot. </p><p>Brighton Mainline Station is approximately 0.4 miles away, providing direct links to London, Gatwick and along the south coast, while regular local bus services operate nearby across Brighton and Hove. The location continues to prove consistently popular with both professional and student tenants, contributing to the property’s strong ongoing rental demand. </p><br />EPC Rating: C