2 bedroom apartment in Hove – opportunity to add-value

*Open day on 6th Sept*

A two-bedroom, one bathroom second floor (top floor) apartment right in the center of Hove complete with an off-road parking space and shared communal outdoor space. Although livable the property would suit a renovation. There is potential for loft-conversion validated by a contractor and architect / planning consultant subject to the necessary consents.

Ideal investment opportunity. End valuation with loft conversion is £500K, or without £350K.

999 year lease (from 2002) along with a 1/3 share of block freehold. Service charge (includes insurance) is c. £1,000 p.a. £1 p.a. ground rent.