Block of Flats for sale in Henfield, UK

Build-to-Rent in Henfield available for sale

Block of Flats for Sale Within 10 miles of the Henfield, UK

More details for 1a Florence Rd, Brighton - Build-to-Rent for Sale

St Augustine's Apartments - 1a Florence Rd

Brighton, BN1 6EA

Build-to-Rent for Sale
£4,800,000
10,548 sq ft

Brighton Build-to-Rent for Sale - Brighton and Hove

We can confirm that, subject to the acquisition of both properties, a concession is available reflecting a combined price of £7,000,000. The opportunity presents a part of an enticing prospect for acquiring a significant mixed-use freehold investment situated in a prime location in Brighton. This asset consists of a well-established commercial centre and a residential apartment block combined. The investment not only generates a robust combined income stream but also shows clear potential for rental growth. The property is on offer as a straightforward freehold investment sale with tenants already in place, alongside an established on-site management structure across the 2 blocks for efficiency. The asset boasts an established tenant base that delivers diversified income. Once stabilised, the combined income is expected to be approximately £600,000 per annum. This property offers evident rental reversion and potential for asset management enhancements. It is a well-maintained building that has been successfully operated as a long-term buy and hold investment, supporting a blend of residential, cultural, and commercial tenants. What sets this opportunity apart is its status as an income-generating legacy from the outset, as opposed to a vacant or speculative project. It is fully operational, supported by established tenant demand, and situated in a resilient Brighton rental market. The asset promises immediate yield and medium-term uplift potential. The combination of stable residential income, supported by a waiting list, and commercial growth potential renders this a compelling long-term investment option. Key growth and value drivers include the normalisation of rents over time, potential service charge optimisation, active tenant demand in the Brighton market, the ability to enhance commercial income streams, and opportunities for strategic asset management. An additional lease for the ground floor is expected to be firmed-up before the exchange of contracts, and the estimated rental value (ERV) indicates clear potential for increased income beyond current passing rent levels. The transaction position clarifies that the property is available for sale as a freehold investment with tenants in situ. It is sold as seen, and a straightforward legal pack is available. This opportunity is ideal for private investors, family offices, or funds, and the process can proceed on a defined timetable. The asset is currently marketed through retail and trade channels to secure the most suitable buyer. The ideal buyer profile includes income-focused investors, family offices seeking stable yields, mixed-use property investors, and those looking for exposure to the Brighton market. It is also well-suited for investors familiar with operational assets. Enquiries are invited from serious purchasers who can demonstrate funding capability and a clear acquisition strategy. Guide Trade Price £7,000,000 for commercial and residential blocks or £4,800,000 for the residential block only Further information, tenancy details, and legal documentation are available to qualified parties upon initial contact.