3 bedroom flat

Vere Road, Brighton, East Sussex, BN1 4NQ

Size: 77 sqm

Purchase price

£350,000

Size: 77 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £15,600
Ground rent £1
Service charge £756
Net income £14,843
Gross yield 4.46%
Net yield 4.24%

EXCELLENT INVESTMENT OPPORTUNITY OR IDEAL FOR OWNER OCCUPIERS! This wonderful three bedroom maisonette is located just 10 minutes from Brighton city centre, enquire today to avoid disappointment.


This fantastic three bedroom maisonette comprises of; entrance hallway leading to a spacious lounge with large bay fronted window to the front; fully fitted kitchen with all appliances included; a downstairs double bedroom with double glazed window to the back; downstairs WC; staircase leading to the second double bedroom with double glazed window to the front; a three piece family shower room; a third double bedroom with double glazed window to the back. The property comes with a share of the freehold between this apartment and the other two in the building.

With Vere Road being just a 10 minute drive to Brighton city centre, this makes it the ideal location for commuters. More than a billion pounds worth of developments could be arriving in Brighton and Hove in the coming years. The seafront is in line to be revitalised with a grand £500 million vision including a new 10,000-seat entertainment venue. Hundreds of homes look set to be built in a large marina development, thousands of student-built bedrooms are springing up across the city – and historic buildings such as Shelter Hall and the Pavilion Estate are set for a multi-million pound boost. Jody Doherty-Cove reports.

In late 2017, redevelopment of the former barracks site and adjacent University of Brighton gained planning permission. It is set to bring 369 new homes, of which 15 per cent are “affordable housing”. It will also provide 1,300 student beds, 50,000 sqft of office and retail space and an area for university buildings. An “entrepreneurial hub”, which developers say will bring 854 jobs over ten years, is also planned. That part of the development was “topped out” on July 9 this year and cladding works will be completed shortly. The entire project is expected to be completed in 2022.

Interested in this property? Enquire today for more information

Key features

Key features

Excellent investment opportunity

Key features

Ideal for owner occupiers

Key features

Three bedroom maisonette

Key features

First floor

Key features

Great location

Key features

Fantastic transport links

Key features

10 minutes to Brighton city centre

Key features

Shops, bars and amenities nearby

Key features

Freehold

EXCELLENT INVESTMENT OPPORTUNITY OR IDEAL FOR OWNER OCCUPIERS! This wonderful three bedroom maisonette is located just 10 minutes from Brighton city centre, enquire today to avoid disappointment. More info...

This fantastic three bedroom maisonette comprises of; entrance hallway leading to a spacious lounge with large bay fronted window to the front; fully fitted kitchen with all appliances included; a downstairs double bedroom with double glazed window to the back; downstairs WC; staircase leading to the second double bedroom with double glazed window to the front; a three piece family shower room; a third double bedroom with double glazed window to the back. The property comes with a share of the freehold between this apartment and the other two in the building.

With Vere Road being just a 10 minute drive to Brighton city centre, this makes it the ideal location for commuters. More than a billion pounds worth of developments could be arriving in Brighton and Hove in the coming years. The seafront is in line to be revitalised with a grand £500 million vision including a new 10,000-seat entertainment venue. Hundreds of homes look set to be built in a large marina development, thousands of student-built bedrooms are springing up across the city – and historic buildings such as Shelter Hall and the Pavilion Estate are set for a multi-million pound boost. Jody Doherty-Cove reports.

In late 2017, redevelopment of the former barracks site and adjacent University of Brighton gained planning permission. It is set to bring 369 new homes, of which 15 per cent are “affordable housing”. It will also provide 1,300 student beds, 50,000 sqft of office and retail space and an area for university buildings. An “entrepreneurial hub”, which developers say will bring 854 jobs over ten years, is also planned. That part of the development was “topped out” on July 9 this year and cladding works will be completed shortly. The entire project is expected to be completed in 2022.

  • Key features
    Tick Desktop Excellent investment opportunity
    Tick Desktop Ideal for owner occupiers
    Tick Desktop Three bedroom maisonette
    Tick Desktop First floor
    Tick Desktop Great location
    Tick Desktop Fantastic transport links
    Tick Desktop 10 minutes to Brighton city centre
    Tick Desktop Shops, bars and amenities nearby
    Key features

    Freehold

  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £15,600
Ground rent £1
Service charge £756
Net income £14,843
Gross yield 4.46%
Net yield 4.24%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.