Investing In Brighton & Hove

8th Jun 2023
Jenna Miles
Lettings

One of the UK’s most distinctive cities, Brighton & Hove is renowned for the spirit and diversity of its people, unique retail, leisure and cultural offer and world-famous heritage assets. It has become recognised as a hub of creativity, innovation and enterprise, with a buoyant small-business economy. Little wonder the city is fast attracting new investment from across the globe.

Firstly, let's look at the supply of rental properties in Brighton and Hove. According to recent data, there has been a shortage of rental properties in the area, with demand consistently outstripping supply. This means that landlords and investors who invest in buy-to-let properties in Brighton and Hove are likely to see high occupancy rates and strong rental yields. In fact, rental figures in Brighton and Hove have been steadily increasing over the past few years, with the average rental price for new build properties reaching £1,384 per month in 2023.

Secondly, let's consider the demand for rental properties in Brighton and Hove. The city is home to two universities, which means that there is a large population of students who are in need of rental accommodation. Additionally, Brighton and Hove attracts many young professionals who are drawn to the city's vibrant social scene and strong job market. With a growing population and an increasing number of people looking for rental properties, landlords and investors who invest in buy-to-let properties in Brighton and Hove are likely to have a consistent pool of tenants to choose from.

Moreover, Brighton and Hove is a great place to live for tenants. The city boasts a wide range of amenities, including excellent transport links, world-class shopping, and a variety of restaurants and cafes. Additionally, Brighton and Hove is known for its stunning beaches and beautiful parks, which offer plenty of opportunities for outdoor recreation. With so much to offer, it's no wonder that Brighton and Hove has become such a popular place to live.

Landlords and investors who are looking to invest in buy-to-let properties in 2023 should consider Brighton and Hove, East Sussex. With a high demand for rental properties, strong rental yields, and a great quality of life for tenants, Brighton and Hove is a smart choice for anyone looking to invest in the UK property market.

 

DISCOVER GOLDSTONE APARTMENTS

Goldstone Apartments is an outstanding collection of dynamic, design-led, residential apartments, situated in Hove, one of Britain’s most popular coastal towns.

Goldstone Apartments are designed to provide unparalleled comfort and style to both residents and tenants, making them the ideal investment opportunity for those seeking a secure and lucrative investment.

With prices starting from £365,000, the first phase is now released and 15% of the apartments are already reserved. 

ESTIMATED RENTAL YIELDS 6.86% 

ESTIMATED HOLIDAY LET YIELDS 13.2% 

LEASE LENGTH – 999 YEARS 

IN CONSTRUCTION

Contact our New Homes team to make Goldstone Apartments your next investment.