Recently refurbished to now feature beautifully neutral and welcoming décor, this wonderful top floor flat makes for a lucrative and low-hassle investment property.

Situated in the the quiet residential streets of Hollingdean, Hollingdean Terrace can proudly boast at being one of the rare few locations in the city with free on-street parking. The road and area itself predominantly consists of private residents, and so has a wonderfully tranquil feel, yet is positioned only a short walk or drive from a wide range of local amenities including the warm and cosy pubs of Ditchling Road, as well as the vast range of shops and fast food on Lewes Road. As such, the flat has continued to perform well in the rental market for a number of years. This is evidence by both an existing AST being in place, as well as a subsequent tenancy agreed, running until Summer 2026, offering guaranteed and immediate returns.

The tenancy agreed returns £1,750 pcm / £21,000 pa, equating to a 7% gross yield in the first year, with no spend required on letting cost.

Entering the flat up a small set of private stairs, you are immediately struck by the bright feel of the property, with recently decorated while walls and woodwork, and modern grey carpets. There is a usefully wide and high ceilinged hallway which connects all parts of this home. To the front West facing side of the property are two large double bedrooms. The master room basks in sunlight from large bay fronted windows.

Along the hallway is the full bathroom, as well as a useful separate W.C. To the rear of the property is the large open plan kitchen/living room. Continuing the theme for this property, this living space lets in huge amounts of light, and yet is completely private, with no overlooking neighbours. Unusually for such a large flat in the area, there is a backdoor which leads to a private rear garden.

With other properties in the area already having done so, it is apparent that there are options to further extend the property with a loft conversion, subject to relevant planning consent. This would allow for the provisions or yet more space, and means this home can change with your needs.

Website Design and Estate Agency Software By Expert Agent