1 bedroom flat for saleOriental Place, Brighton
A fantastic investment opportunity in a great seafront location. The property benefits from being spread out over two floors and also includes its own private, well-sized, patio to the rear. This one bedroom apartment has been recently refurbished to a high standard throughout and is centrally positioned near Western Road and the seafront, where shops, cafes, restaurants and bars can be found with ease. This property would be ideal for first time buyers looking to purchase their first home in a great central, seafront location, or for an investment landlord as it is currently achieving a good monthly income of £900.00.
The property is accessed via a communal, well presented entrance hall, with telephone entry system and stairs to all floors.
Open Plan living kitchen - 18'5" ft x 9'9" ft
The property is accessed on the first floor and opens straight into a west facing, open plan kitchen/ living area. The kitchen area comprises of various wall and base mounted units, integrated oven with extractor overhead and a stainless steel sink and drainer, as well as plumbing for a washing machine. The living area/kitchen also leads to stairs which take you down to the ground floor, where the bedroom and shower room can be found.
Bedroom - 13'10" ft x 7'1" ft
The bedroom benefits from being a dual aspect with easterly and north facing views. The ground floor bedroom leads onto;
Shower Room -
Part tiled shower room, comprising of a walk in shower with shower screen, wash basin and low level WC.
Westerly aspect patio area leading off of the bedroom. The patio can also be accessed via gate on Montpelier road.
Leasehold - 125 years remaining
EPC - D
Service charges - £1200.00 approx per annum.
Ground rent - £100.00 per annum
Achieving £900,00 pcm- Yield - 4.6%
Tenancy ends: 29/03/2017
Disclaimer (Wr) - These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.
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