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1 bedroom flat for sale

Flat 4, Brighton, BN1

Sold STC £140,000

Property Description

Full description

**SOLD BY AUCTION** A second floor 1 bedroom flat which has recently been refurbished. The flat is ideally suited for London Road railway station and is currently let at £775pcm.

1 bedroom flat let on an AST at £775pcm

A recently refurbished 1 bedroom 2nd floor flat which is currently let on an AST at £775pcm (£9,300pa). The property benefits from a long lease with a share of the freehold, gas central heating, door entry system and a new shower room.

The flat is let under market rent and could therefore be increased when the current tenancy expires.

If the buyer wishes, the seller will serve notice on the current tenants to vacate in February 2017, making the property potentially suitable for both owner occupiers and investors.


Situation

The flat is situated in a popular location, close to the vibrant areas of London Road and Preston Circus, both of which have undergone regeneration in the past couple of years. London Road railway station is within a few minutes' walk making the property ideal for commuters.


Description

A recently refurbished 1 bedroom 2nd floor flat which is currently let on an AST at £775pcm (£9,300pa). The property benefits from a long lease with a share of the freehold, gas central heating, door entry system and a new shower room.

The flat is let under market rent and could therefore be increased when the current tenancy expires.

If the buyer wishes, the seller will serve notice on the current tenants to vacate in February 2017, making the property potentially suitable for both owner occupiers and investors.


Accomodation

Living room: 3m max x 3.8m (9’10 max x 12’6)
Kitchen: 2.4m x 2.1m (7’11 x 6’11)
Bedroom: 3.3m x 3.8m (10’10 x 12’6)
Shower room



Listing History

Added on Rightmove:
17 November 2016

Floorplans

Map & Street View

Disclaimer - Property reference ah_sussex_1444888_19597. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Austin Gray, Auction House Sussex. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Austin Gray, Auction House Sussex on 01273 20 19 80.


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