A rare opportunity to acquire a substantial four-storey freehold building in the heart of Hove, perfectly positioned on the ever-popular Church Road. Spanning over 2,700 square feet, this versatile mixed-use property comprises two spacious residential flats and a well-established ground floor commercial unit, currently operating as a popular nail bar. The layout and location make it ideal for investors, owner-occupiers, or those seeking a live-work arrangement in one of the city’s most desirable areas. The property currently generates a total annual income of just under £90,000, comprising over £25,000 from the lower ground floor flat, in excess of £20,000 from the commercial unit, and more than £40,000 from the upper ground floor maisonette.
The lower ground floor flat offers generous proportions throughout, featuring three well-sized bedrooms, a fully fitted kitchen, and a modern bathroom, with the added benefit of its own private entrance.
The ground floor is home to a bright and welcoming commercial space with excellent street frontage, benefiting from high foot traffic and strong local presence, making it well-suited to a range of business uses, subject to necessary consents.
Above, the first and second floors are occupied by a spacious maisonette accessed via a private entrance. This impressive home boasts a large sitting and dining room ideal for entertaining, along with five bedrooms including two en-suites, and an additional two separate bathrooms.
This property is ideally situated within walking distance of Hove seafront, independent shops, cafés, restaurants, and excellent transport links including Hove Station, providing direct access to London. This is a unique and highly flexible opportunity in a premium Hove location, offering a wealth of potential for income lifestyle or development. Early viewing is strongly recommended to fully appreciate the scale and possibilities of this standout property.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is 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.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Lextons - Auctions. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Lextons - Auctions for full details and further information.