Lot 52: RESIDENTIAL INVESTMENT

This compact studio unit forms part of the first floor of this substantial corner property in the heart of Brighton’s sought after Seven Dials area. The flat is offered with a new long lease and has been rented out as a buy-to-let for many years. It is let on an Assured Shorthold Tenancy Agreement at £5,700 per annum.

The property is situated on the corner of Dyke Road and Buckingham Place within close proximity of Brighton mainline railway station, city centre and seafront. There are comprehensive shopping facilities in the immediate vicinity with excellent road links providing easy access to Hove, Gatwick and coastal towns.

Accommodation

Studio room with access to flat roof, kitchen area, shower and separate W.C.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £475 per calendar month.

Tenure

To be sold on a new 99 year lease at a peppercorn ground rent.

Residential EPC: E