Description

  • Leasehold Studio Flat Let on Assured Shorthold Tenancy producing £6,900 per annum
  • Potential to Convert to a 1 Bed Flat
  • Sought After Central Location Close to Mainline Railway Station
DESCRIPTION This studio flat forms part of the ground floor of this detached purpose built residential block. The property benefits from double glazing, gas fired central heating and fitted carpets throughout. The property is currently let on a periodic assured shorthold tenancy at £575 per calendar month. There is the potential to re-configure the property to make a 1 bed flat as shown below. The lease plan in relation to this property does not show an indicative internal layout for this flat and therefore it is considered that landlords consent for any non-structural alteration is not required. NB: Please note the owner of this property is related to a member of staff at Parsons Son & Basley Internal photos are indicative of property prior to tenant’s occupation

Solicitors

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

Accommodation

Column 1 Column 2
ENTRANCE HALL: Radiator, Storage Cupboard
STUDIO ROOM: 4.7m x 5.1m narrowing to 3.6m. Radiator, double glazed window, meter cupboard
KITCHEN: 3.2m narrowing to 1.8m x 2.1m. Comprising white units with stainless steel sink, cooker, boiler. Radiator and double glazed window.
BATHROOM: Comprising side panelled bath with shower over, low level WC, pedestal wash basin, radiator and double glazed window.
TENANCY: Currently let on a Periodic Assured Shorthold Tenancy at £575 per calendar month.
OUTGOINGS
LEASE: 126 years from 25th March 1973 (84 years remaining)

GROUND RENT: £100 Per Annum (increasing by £50 every 25 years of the term)
MAINTENANCE: Approximately £918 per annum
TENURE: Leasehold, subject to existing tenancy

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.