From

£295,000

(£699/sq. ft)

1 bed flat for sale
Davigdor Road, Hove BN3

    • 1 bed

    • 1 bath

    • 1 reception

    • 422 sq. ft

  • EPC Rating: B

  • New home
  • Leasehold

Added on

The Agency Group - TAG Limited

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About this property

    Investment opportunity – preece house, hove

    Prices from £295,000 | Individual and multi-unit purchases considered

    Preece House presents an exciting opportunity to acquire one or multiple brand-new apartments in a well-connected central Hove location.

    Comprising 59 contemporary studio, one and two-bedroom apartments, the development offers investors a choice of strategies, including traditional long-term letting, second-home use and potential short-stay accommodation, subject to all required consents and lending criteria.
    Key features


    • Individual apartments and potential bulk-purchase packages available

    • Studio, one and two-bedroom apartments

    • Prices from £295,000

    • Indicative projected long-term yields of just under 5%

    • Potential short-stay yields of over 7%, based on an illustrative 56% occupancy

    • Flexible investment and letting strategies, subject to consent

    • Share of freehold and 10-year icw warranty

    • High-specification kitchens with integrated Bosch appliances

    • Private or communal outside space available to selected apartments

    • Optional parking with EV charging, subject to availability
    The investment


    Preece House provides an opportunity for investors to select a strategy that suits their individual objectives.

    Independent projections indicate potential long-term letting yields of just under 5%, with the possibility of yields exceeding 7% through a short-stay model based on an illustrative occupancy rate of 56%.

    The potential flexibility between long-term and short-stay accommodation may also appeal to second-home buyers looking to generate income when the property is not in personal use. Any short-term letting would remain subject to the lease, mortgage provider, insurance, planning and all applicable local regulations.

    For buyers looking to acquire at scale, bespoke multi-unit and bulk-purchase opportunities may also be considered. Further information, availability and any commercial terms are available upon request.
    The development


    The apartments at Preece House combine contemporary design with a high-quality specification.

    Kitchens feature sleek handleless cabinetry, premium finishes, integrated Bosch appliances and app-controlled ovens. Interiors include Karndean herringbone flooring, recessed lighting, fibre-broadband readiness and smart-home features.

    Contemporary bathrooms include dual-head showers, vanity units, heated towel rails and black fittings. The development also benefits from video-entry security, sprinkler protection and secure cycle storage.

    Selected apartments include private terraces or access to communal outside space, with optional parking and EV-charging facilities available separately and subject to availability.
    The location


    Located on Davigdor Road, Preece House is ideally positioned for Seven Dials, central Hove, Brighton city centre, local universities, transport connections and the seafront.

    The combination of established local rental demand, access to employment and education, and Brighton & Hove’s year-round visitor market makes this an attractive proposition for investors, landlords and second-home buyers.

    Viewings are available by appointment. Please contact us for the current availability schedule, individual rental projections and further information regarding potential multi-unit purchases.
    Investment disclaimer


    All rental figures, yields and occupancy rates are illustrative projections only and are not guaranteed. Buyers should carry out their own due diligence and obtain independent financial, legal, tax, mortgage and lettings advice. Short-term accommodation is subject to the lease, planning requirements, insurance, lender approval and all applicable regulations. Images may show the development’s show apartment rather than the specific property being advertised

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    Property descriptions and related information displayed on this page are marketing materials provided by - The Agency Group - TAG Limited. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact The Agency Group - TAG Limited for full details and further information.