Dyke Road, Brighton, East Sussex, BN1
- PROPERTY TYPE
Ground Flat
- BEDROOMS
3
- BATHROOMS
2
- SIZE
Ask agent
Key features
- CHAIN FREE INVESTMENT OPPORTUNITY
- For sale by modern method of auction
- Permission granted to extend and develop
- Massive 98 sqm footprint + Basement underneath
- Off street private parking
- Close to Preston park station
- Close to Excellent Local Transport Links
- Land with double garage to the rear
- New 999 Year lease
- Call NOW 24/7 or book instantly online to View
Description
Developers, investors, and forward thinking buyers will immediately recognise the immense, rare potential of this exceptional property. Currently operating as an active rental investment with reliable tenants in situ, it offers immediate income from day one.
Already boasting a generous 98 square meter footprint, the true value of this sale lies in its unique legal structure: the property is being sold with a brand new, extended lease that will officially incorporate both the basement and the outside area into the legal title.
Planning permission has been achieved and concept designs have been included to demonstrate how this substantial space and unique topography can be utilised to maximise the square footage and create a new stunning, multi level home.
Location wise, Dyke Road ticks every box by offering seamless access both in and out of the city, leading directly out to the A23 and A27. The dedicated off street parking space is an absolute lifesaver for regular drivers and a major premium for the area, while commuters will love that Preston Park Station is just a short stroll away, providing direct links to Gatwick and Central London. Excellent local schools and nurseries are nearby, and the vibrant shops, cafes, and restaurants of Seven Dials are just a scenic 10-to-15-minute walk from your front door.
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. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Bedroom 1
5.34m x 3.4m - 17'6" x 11'2"
Large double bedroom with built in wardrobes. High ceilings and huge west facing window
Bedroom 2
4.44m x 3.73m - 14'7" x 12'3"
Another large room with another large window facing east this time.
Living Room
5m x 4.7m - 16'5" x 15'5"
Huge!
Bedroom 3
3.36m x 2.59m - 11'0" x 8'6"
South and West facing windows
Kitchen
3.33m x 2.83m - 10'11" x 9'3"
Slate tiled floor and white metro tiled walls make for a clean and crisp look. Plenty of eye level and low level white gloss units. Gas hob and oven.
Bathroom
2.6m x 1.6m - 8'6" x 5'3"
One of two decent sized family bathrooms
Bathroom
2.22m x 1.42m - 7'3" x 4'8"
The second decent sized family bathroom!
Basement
5.5m x 2.8m - 18'1" x 9'2"
Basement area.
- 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.
- Band: D
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Dyke Road, Brighton, East Sussex, BN1
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Visit our security centre to find out moreDisclaimer - Property reference 10810074. 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 EweMove, Brighton & Hove. 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 EweMove, Brighton & Hove on 01273 110406.
*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.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.