Lot 74

THREE BEDROOM MAISONETTE

161 Portland Road, Hove, East Sussex, BN3 5QJ
161 Portland Road, Hove, East Sussex, BN3 5QJ
Withdrawn After

Currently let at £5,688 per annum

A three bedroom maisonette comprising the first and second floors of this three storey terraced mixed use building. Situated on the north side of this busy secondary commercial thoroughfare the property, which is in need of modernisation, is let to a statutory tenant at a registered rent.

The area is represented by a variety of well established independent traders with Portslade mainline railway station just under a mile away. There are also excellent road links to all surrounding areas via the nearby A270.

Ground Floor

Street entrance with stairs leading to:

First Floor

Hallway, stairs leading to:

Second Floor

Landing with access to loft space, living room, kitchen, three bedrooms and bathroom with W.C.

Tenancy

Let on a regulated tenancy at a registered rent of £513.50 per calendar month effective from 24th October 2017.

Tenure

To be sold with a new 125 year lease with a ground rental payable of £200 per annum. Further details are available from the Auctioneer's Office.

Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/