Roundhill Crescent, Brighton
- PROPERTY TYPE
House
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- SOLD BY LEXTONS AUCTIONS
- Freehold Residential Investment
- 4 Self Contained Flats
- Rental Income Increasing to 39,780 Per Annum
- Superb Location
- Perfect Buy to Let Investment
- Break Up Value Included
- EPC Ratings D,D,D,E
- Further Development Potential SPP
Description
Guide Price: £600,000+
Freehold Residential Investment
Extremely rare opportunity to be able to purchases this freehold residential investment comprising of 4 self contained flats as follows.
Lower Ground Floor
Currently vacant being marketed at £1,100 pcm
Ground Floor
1 bedroom flat currently let at £850 per month
First Floor
Studio flat currently let at at £750 per month increasing to £775 per month on 15th April 2023
Second Floor
Studio flat currently let at £725 per month increasing to £750 per month on 25th April 2023
Total potential rent when fully let of £41,700
Situated in the ever popular Roundhill Crescent, close to near by universities on an accessible bus route which offers direct access into Central Brighton and Hove, Brighton Marina with its seafront, cinemas and bowling alley, which can also be easily accessed by using the cycle lanes throughout the city. Local shopping is on the doorstep in Lewes Road.
We are advised that the adjoining property, number 12, has converted the upper 2 floors into a 2 bedroom maisonette therefore subject to necessary consents, it is considered possible that the first and second floor studio flats are able to be combined to form a maisonette thereby providing for a significant uplift in value
TO SELL YOUR PROPERTY IN OUR NEXT AUCTION PLEASE DO CALL US NOW
Brochures
Roundhill Crescent, Brighton- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Roundhill Crescent, Brighton
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- London Road (Brighton) Station0.3 miles
- Brighton Station0.7 miles
- Moulsecoomb Station0.9 miles
About the agent
Lextons Auctions, Sussex
174 Church Road, Hove, BN3 2DJ
Having worked at the top of the London property market, we know estate agents often get a bad rap and it's easy to see why. But Lextons is different.
Choose Lextons and you will discover an estate agency founded on honesty, straight-talking advice and a service that puts our clients' interests above our own.
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Visit our security centre to find out moreDisclaimer - Property reference 32854270. 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 Lextons Auctions, 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.
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 Lextons Auctions, Sussex on 01273 109874.
*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.”
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