Lot 71 Patio Flat For Investment In City CentreAuction Date:
1st November 2024
8A Brading Road, Brighton, BN2 3PD
Currently let at £11,400 per annum
This one-bedroom patio flat is offered in good order throughout, has a gas heating system via radiators and double glazing. It comprises the whole of the lower ground floor of this mid-terrace bay fronted property and is let at £950 per calendar month.
The flat offers good size accommodation with patios to the front and rear with contemporary fixtures and fittings. The property is situated in a popular residential location just off Elm Grove within easy reach of the comprehensive shopping facilities and amenities including the mainline railway station, the sea front and Brighton city centre. There are excellent road links to Gatwick, Eastbourne and all surrounding areas via the nearby A23 and A27.
Lower Ground Floor
Entrance hall, double bedroom, living room with open plan kitchen, bathroom with W.C. and double glazed sliding doors to rear patio.
Outside
Small front patio and east facing rear patio with steps to raised deck area.
Council Tax Band A
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £950 per calendar month.
Tenure
Remainder of a 99-year lease from 25th December 1983.
Auctioneer's Note
We are informed by the Seller a Section 42 Notice will be available for a lease extension between exchange and completion.
There is an addendum available to be read
in conjunction with the legal documentation.
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 Buyers Fees
