Description

  • Vacant First Floor Studio Apartment
  • Ideal Buy-to-Let / First Time Buy / Air bnb Investment
  • Sought After Central Location Close to Seafront and shops
LOCATION The property is conveniently situated on St James’s Street close to Brighton’s Old Steine. This studio flat is within the heart of Kemptown with comprehensive shopping facilities and amenities. The seafront is only a short walk away and Brighton city centre including Churchill Square shopping centre is approximately ½ mile away. The mainline railway station with frequent services to London and Gatwick airport is also close by. DESCRIPTION This first floor studio apartment provides good size accommodation with a large studio room and integrated kitchen, with separate bathroom. The property is being sold with vacant possession however, it is anticipated a rental amount of approximately £800 per calendar month could be achieved. The property provides for an ideal buy-to-let/first time purchase or Air bnb investment. ACCOMMODATION Studio Room: 6.3m. X 5.2m with integrated kitchen. Bathroom: Comprising of wash basin, WC and bath. Tenure: Leasehold with vacant possession OUTGOINGS Lease: 189 years from 1991 GROUND RENT: £100 half yearly SERVICE CHARGE: £440-£485 half yearly SINKING FUND: £125 half yearly

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.