1 Bedroom properties in "BN2" are mostly listed between £1,020 - £1,275. There is limited data on listings in proximity to this property.
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Last Updated: 26th April 2024
Description
Yopa are delighted to offer this spacious lower ground floor one bedroom apartment in a highly sought after Art Deco block. The former hotel was converted over a decade ago to create stylish, high end apartments whilst still retaining original character and features of the 1930's building. The property benefits from a large open plan kitchen / living room with feature 'Art Deco' style windows. A good sized living space with room for both sofa's and dining table and a modern kitchen area with integrated cooker and hob and space for further appliances. There is a large master bedroom with a large feature window.
The property has an ample bathroom with white suite and tiling with a shower attachments. The block benefits from security entry system, use of private gym (additional annual charge of £100) and maintained communal gardens and additional storage facilities available to rent if desired. Internal viewing is essential to appreciate the space of the accommodation offered and viewing is via appointment with the vendors sole agents.
Tenure: Leasehold. £2,500 per annum service charge and ground rent with 113 years remaining on the lease.
The Grand Ocean Development is located in a popular residential area in West Saltdean. A host of lovely footpaths are within a short distance of the property giving easy access to the stunning South Downs National Park providing wonderful walks and outstanding views of the area. Local amenities are all within easy reach on Longridge Avenue with a Co-op, laundrette, hardware shop, cafe, dentist, doctors, opticians and a pharmacy. Bus routes are found on Saltdean Vale, Lustrells Vale and Longridge Avenue and also on Marine Drive (A259 coast road), providing easy access in Brighton's main city centre. Brighton’s Mainline Railway Station is approximately 5 miles away.
Agent Details
Yopa
Meridian House Wheatfield Way Hinckley LE10 1YG
Investment Analysis
Annual Rent:
£15,240
Annual Mortgage Interest:
£3,450
Annual Costs:
£1,300
Net Profit:
£10,490
ROCI:
18%
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