Back to listing
National Residential are delighted to present this outstanding investment opportunity, comprising two 2-bedroom flats in a converted Victorian end-terrace, ideally located in the prime residential area of Newhaven. Situated close to Newhaven Town Centre, this property offers a ready-made income stream with tenants already in situ, making it an ideal addition to any investor‘s portfolio.
Newhaven is an up-and-coming town in close proximity to the desirable city of Brighton and Hove. There is significant room for capital appreciation given the current interest by the creative community.
Key Investment Highlights:
' Freehold Property
' Two Self-Contained Flats:
o Flat A: Lounge, separate kitchen, 2 bedrooms, bathroom, spacious attic, patio and parking.
o Flat B: Open plan lounge, dining and kitchen area, 2 bedrooms, bathroom, large, low ceiling storage room, private garden and parking space.
Both flats are currently let, generating a gross rental income of £23,7000 per annum (£1,975 per month). After deducting a 10% management agent fee, the net monthly income is £1,777.50, offering a strong gross rental yield of 6.77% based on the market value purchase price of £350,000.
This is an exceptional opportunity for investors looking to secure a high-yielding property in a highly desirable area.
Location Benefits: Newhaven is a thriving coastal town with excellent transport links and local amenities. The property is just minutes from Newhaven Town Centre, the train station, bus routes, and the scenic seafront promenade. Newhaven Train Station provides regular services to Lewes, Brighton, Gatwick, and London, making it ideal for commuting tenants.
Norman Road, where the property is located, is a popular street close to local shops, cafes, and restaurants, adding to the area‘s rental appeal.
Why Invest in Newhaven? Newhaven is experiencing increased interest from renters due to its excellent transport connections and affordability compared to neighbouring Brighton. The area offers strong rental demand, ensuring consistent income for property investors. As an up-and-coming town, property prices in Newhaven have room for appreciation, making this an excellent long-term investment.
Don‘t Miss Out: This property represents a rare opportunity to acquire a freehold investment with two income-generating flats and significant rental potential in a high-demand location.
Please watch our online video tour for a closer look at the property. Viewings are highly recommended.
For further information and to arrange a viewing, contact our specialist sales advisor today. Your next profitable investment awaits!
This property is ONLY available for purchasers who are NOT in a chain.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer‘s interests to check the working condition of any appliances.
'By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website. Back to listing
Full details for 4 Bedroom For Sale in Newhaven
Photos
1/11
2/11
3/11
4/11
5/11
6/11
7/11
8/11
9/11
10/11
11/11
Description
Exclusive Investment Opportunity: Freehold Property with 2x 2-Bedroom Flats - Secure Rental YieldNational Residential are delighted to present this outstanding investment opportunity, comprising two 2-bedroom flats in a converted Victorian end-terrace, ideally located in the prime residential area of Newhaven. Situated close to Newhaven Town Centre, this property offers a ready-made income stream with tenants already in situ, making it an ideal addition to any investor‘s portfolio.
Newhaven is an up-and-coming town in close proximity to the desirable city of Brighton and Hove. There is significant room for capital appreciation given the current interest by the creative community.
Key Investment Highlights:
' Freehold Property
' Two Self-Contained Flats:
o Flat A: Lounge, separate kitchen, 2 bedrooms, bathroom, spacious attic, patio and parking.
o Flat B: Open plan lounge, dining and kitchen area, 2 bedrooms, bathroom, large, low ceiling storage room, private garden and parking space.
Both flats are currently let, generating a gross rental income of £23,7000 per annum (£1,975 per month). After deducting a 10% management agent fee, the net monthly income is £1,777.50, offering a strong gross rental yield of 6.77% based on the market value purchase price of £350,000.
This is an exceptional opportunity for investors looking to secure a high-yielding property in a highly desirable area.
Location Benefits: Newhaven is a thriving coastal town with excellent transport links and local amenities. The property is just minutes from Newhaven Town Centre, the train station, bus routes, and the scenic seafront promenade. Newhaven Train Station provides regular services to Lewes, Brighton, Gatwick, and London, making it ideal for commuting tenants.
Norman Road, where the property is located, is a popular street close to local shops, cafes, and restaurants, adding to the area‘s rental appeal.
Why Invest in Newhaven? Newhaven is experiencing increased interest from renters due to its excellent transport connections and affordability compared to neighbouring Brighton. The area offers strong rental demand, ensuring consistent income for property investors. As an up-and-coming town, property prices in Newhaven have room for appreciation, making this an excellent long-term investment.
Don‘t Miss Out: This property represents a rare opportunity to acquire a freehold investment with two income-generating flats and significant rental potential in a high-demand location.
Please watch our online video tour for a closer look at the property. Viewings are highly recommended.
For further information and to arrange a viewing, contact our specialist sales advisor today. Your next profitable investment awaits!
This property is ONLY available for purchasers who are NOT in a chain.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer‘s interests to check the working condition of any appliances.
'By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website. Back to listing
