£160,000
Est. Mortgage £730 per month*
Studio flat for sale
Dorset Street, Brighton
studio Flat Property description
FOR SALE BY AUCTION 22nd OCTOBER 2025 (Potential To Purchase Pre-Auction)
An excellent opportunity to acquire the freehold of a well-positioned mixed-use, double fronted building, comprising a ground floor commercial unit and two residential apartments above. The ground floor commercial space is included in the freehold and currently occupied under a lease that is holding over from a five-year agreement dating back to 2017, offering flexibility for vacant possession or the negotiation of a new lease agreement with a revised premium.
The two upper floors house self-contained residential apartments which are privately owned and held on long leases, each with 87 years remaining. These leases present future added value potential, as upcoming lease extensions are likely to generate a premium for the freeholder. Both leases stipulate a ground rent of £100 per annum until 2037, after which the rent escalates in accordance with the terms set out in the lease. Leaseholders are also responsible for a fair proportion of annual maintenance costs, further supporting the investment appeal of the asset.
Located in a desirable area with strong rental demand and excellent transport links, this property presents multiple income streams and the potential for strategic value enhancement through lease negotiations, asset management, or re-letting the commercial space.
An excellent opportunity to acquire the freehold of a well-positioned mixed-use, double fronted building, comprising a ground floor commercial unit and two residential apartments above. The ground floor commercial space is included in the freehold and currently occupied under a lease that is holding over from a five-year agreement dating back to 2017, offering flexibility for vacant possession or the negotiation of a new lease agreement with a revised premium.
The two upper floors house self-contained residential apartments which are privately owned and held on long leases, each with 87 years remaining. These leases present future added value potential, as upcoming lease extensions are likely to generate a premium for the freeholder. Both leases stipulate a ground rent of £100 per annum until 2037, after which the rent escalates in accordance with the terms set out in the lease. Leaseholders are also responsible for a fair proportion of annual maintenance costs, further supporting the investment appeal of the asset.
Located in a desirable area with strong rental demand and excellent transport links, this property presents multiple income streams and the potential for strategic value enhancement through lease negotiations, asset management, or re-letting the commercial space.
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First listed
Over a month agoDorset Street, Brighton
Marketed by
Lextons - Auctions 174 Church Road Hove, East Sussex BN3 2DJCall agent on 01273 767164
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Monthly repayment
£730
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Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Dorset Street, Brighton - Streetview
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