Description

  • Substantial Freehold Residential Investment Arranged as Three Self-Contained Flats Over Three Floors
  • Comprising Two x Three Bed Flats and 1 x 2 Bed Flat – All Currently Let on ASTs with Potential for Rental Uplift
  • Sought After City Centre Location

Solicitors

Mayo Wynne Baxter, 3 Bell Lane, Lewes, BN7 1JU Tel: 01273 477071 FAO: Nick Sanders

Accommodation

Column 1 Column 2
1A WAKEFIELD ROAD – GROUND FLOOR FLAT
HALL
BEDROOM 1: 4.1m x 3.8m (into bay)
BEDROOM 2: 4.1m x 3.5m (into bay)
BEDROOM 3: 2.7m x 1.7m.
KITCHEN: 3.3m x 2.3m.
BATHROOM: Side panelled bath, wash hand basin
SEPARATE WC
LOUNGE: 5.7m (into bay) x 4.3m.
DOOR TO PATIO GARDEN
1B WAKEFIELD ROAD – FIRST FLOOR FLAT
HALL
LOUNGE: 4.1m x 3.2m.
BEDROOM 1: 4.2m x 3.1m.
BEDROOM 2: 4.9m x 3.3m.
BEDROOM 3: 2.5m x 1.8m.
KITCHEN: 3.5m x 2.3m.
BATHROOM: Side panelled bath and wash hand basin
SEPARATE WC
3 UPPER LEWES ROAD – RAISED GROUND FLOOR FLAT
HALL
BEDROOM 1: 3.5m x 3m.
BEDROOM 2: 3.9m x 2.2m
ROOM: 3.2m x 1.5m.
LOUNGE: 4.9m x 3.6m.
KITCHEN/DINER: 3.9m x 3.5m.
BATHROOM: Side panelled bath, wash hand basin
SEPARATE WC
Column 1 Column 2 Column 3 Column 4
TENANCY SCHEDULE
1A Wakefield Road Periodic Assured Shorthold Tenancy 1st June 2016 £1,000 pcm
1B Wakefield Road Periodic Assured Shorthold Tenancy 16th December 2013 £1,000 pcm
3 Upper Lewes Road Assured Shorthold Tenancy 8th February 2017 – 7th August 2017 £1,000 pcm
TOTAL £36,000 Per Annum

Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.