Description

  • Freehold Grade II Listed Residential Investment Producing £31,500 per annum
  • Arranged as Four Flats on Four Floors All Let on Assured Shorthold Tenancies
  • Situated in the Heart of Brighton City Centre Close to Seafront & Amenities
DESCRIPTION This inner terrace grade II listed four storey property is arranged as four flats (2 x 1 bed, 1 x 2 bed, and 1 x studio) producing £31,500 per annum. All flats are let on assured shorthold tenancies and the first floor studio is non-self contained.The lower ground floor patio flat has the benefit of gas central heating with the remainder having electric storage heating. TENURE Freehold, subject to existing tenancies

Solicitors

Dakers Solicitors, 11-12 Queens Place, Brighton, BN1 4JY Tel: 01273 571685 FAO: Tim Dakers

Accommodation

Column 1 Column 2
LOWER GROUND FLOOR FLAT (OWN STREET ENTRANCE)
LOUNGE: 4.9m x 3.2m. Radiator
HALLWAY: Radiator
BEDROOM: 4m x 3.2m. Radiator
SHOWER ROOM: Radiator
SEPARATE WC: Low level suite, pedestal wash basin and radiator
KITCHEN: 4m x 1.7m. Fitted units with wall mounted gas boiler. Glazed door to:
REAR PATIO: 6.6m x 3m.
GROUND FLOOR FLAT
LOUNGE: 4.9m x 3.2m. Electric storage heater
KITCHEN: 3.2m x 1.8m.
BEDROOM: 2.8m x 2.3m.
INNER HALLWAY: Door to:
SEPARATE WC: Low level WC
BATHROOM: White suite, side panelled bath and pedestal wash basin.
FIRST FLOOR HALF LANDING
BATHROOM: White suite, side-panelled bath, pedestal wash basin

SEPARATE WC: Low level WC
FIRST FLOOR FLAT (NON SELF-CONTAINED)
STUDIO ROOM: 6.2m x 4.9m. Electric storage heater.
KITCHEN: 3.2m x 2.9m.
SECOND & THIRD FLOOR MAISONETTE
(ACCESS FROM FIRST FLOOR) STAIRS TO:
SECOND FLOOR
HALLWAY: Stairs to: Third Floor

LOUNGE: 5m x 4.3m. Electric storage heater.
SHOWER ROOM
SEPARATE WC: Low level WC
THIRD FLOOR
LANDING: Access to roof space
BEDROOM 1: 4.5m x 3.6m. Wash hand basin and electric storage heater
BEDROOM 2: 4m x 2.8m. Wash hand basin and electric storage heater

Column 1 Column 2 Column 3 Column 4
UNIT Rental Status Tenancy Start Date Monthly Rent
Lower Ground Floor Flat – 1 Bed Assured Shorthold Tenancy 4th October 2014 – 6 Months £675 p.c.m
Ground Floor – 1 Bed Assured Shorthold Tenancy Holding Over from 27th April 2008 £550 p.c.m
First Floor – Studio Assured Shorthold Tenancy 28th November 2014 – 6 Months £550 p.c.m
Second & Third Floor Maisonette – 2 Bed Assured Shorthold Tenancy 23rd October 2014 – 6 Months £850 p.c.m
TOTAL £31,500 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.