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About this property

CASH BUYERS ONLY

A well-proportioned two-bedroom apartment located in the popular residential area of Hove, offering strong investment potential.

The property comprises a spacious reception room with good natural light, two bedrooms, a separate kitchen, and a family bathroom. With approximately 66 sqm of internal space, the layout is practical and well-balanced, making it attractive for rental purposes.

Positioned within easy reach of local amenities, transport links and the seafront, the property is ideally suited for buy-to-let investors seeking a long-term rental opportunity in a high-demand area.

The property is currently tenanted, providing immediate rental income potential.

This property is offered for sale by the Modern Method of Auction and is particularly suited to cash buyers due to the remaining lease term.

Room Descriptions:

• Reception Room: Bright and spacious living area with ample room for seating and dining.

• Bedroom 1: Generous double bedroom.

• Bedroom 2: Good-sized second bedroom, suitable as a guest room or office.

• Kitchen: Separate fitted kitchen with storage and workspace.

• Bathroom: Family bathroom with bath, basin and WC.

• Hallway: Central access to all rooms

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Key information

Council Tax Band: B

Tenure: Leasehold

Leasehold Information:

  • Number of years left on lease: 47 years
  • Annual service charge: £1,600
  • Annual ground rent: £50
  • Annual ground rent review period: Contact branch
  • Ground rent increase: Contact branch
  • Utility supply:

    • Electric: Ask agent
    • Water: Ask agent
    • Heating: Ask agent
    • Broadband: Ask agent
    • Sewerage: Ask agent

    Rights and restrictions:

    • Private rights of way: Ask agent
    • Public rights of way: Ask agent
    • Listed property: Ask agent
    • Restrictions: Ask agent

    Risks:

    • Flooded in last 5 years: Ask agent
    • Flood defences: Ask agent
    • Source of flood: Ask agent

Energy Performance Certificate

EPC
  • Property responsive
    Cromwell Road, Hove, East Sussex, BN3 2 ground floor flat
    £
    £
    £
    Years
    %
    * Estimated monthly repayment: £...

    *Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable. If you would like guidance on the right mortgage for you, we recommend speaking to a Countrywide Mortgage Services Consultant who will be more than happy to help.

    The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 31/12/2024 and is correct as at 13/02/2025.

Agent details

Hove

    20 Church Road
    Hove
    East Sussex
    BN3 2FN
Phone Icon Icon set Phone 01273068009

Extras

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Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.

Countrywide Mortgage Services and Countrywide Insurance Services are trading names of Countrywide Principal Services Ltd which is authorised and regulated by the Financial Conduct Authority (Firm Registration Number 301684). Registered Office: Countrywide House, 6 Caldecotte Lake Business Park, Caldecotte Lake Drive, Milton Keynes, MK7 8JT. Registered in England no. 01707341.