2 Freehold Terrace, Brighton BN2 1 bed apartment for sale

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2 Freehold Terrace, Brighton BN2 1 bed apartment for sale

Freehold Terrace, Brighton
£1,650,000

Price History

Initial price £1,700,000
26/03/25 £1,650,000
Price Change -2.94%

Description

This modern, well-presented residential development in a highly sought-after location comprises seven self-contained apartments, offering a mix of one, two, and three-bedroom units, each with private outdoor space. The apartments feature high-quality finishes, including fitted kitchens and bathrooms, gas-fired central heating, and a mix of carpet, wood veneer, and tiled flooring. The property offers strong rental demand and is being sold as a freehold investment opportunity, with a total rental income of £9,440 per month, equivalent to £113,280 per annum. The freehold interest is being offered for sale at £1,650,000, generating a Gross Initial Yield of approximately 7.03%. Additionally, two adjacent garages are available for purchase at a combined price of £50,000.