Description

  • First Floor Studio Apartment Currently Let on Assured Shorthold Tenancy Producing £7,200 PA
  • Ideal First Time Buy / Buy-to-Let Investment
  • Sought After Central Hove Location Close to Seafront, Shops and Train Station
LOCATION Conveniently situated on the west side of Medina Villas which runs between Kingsway (A259 seafront road) and Church Road. Local shopping facilities and amenities are available along Church Road and George Street with regular bus services passing along Church Road affording access to Brighton city centre and the surrounding areas. Hove train station which provides direct links to Gatwick Airport and London lies less than a mile away to the north. DESCRIPTION This first floor studio apartment forms part of a converted period building and benefits from a separate kitchen and shower room. The property is currently let on an assured shorthold tenancy producing £7,200 per annum. ACCOMMODATION Studio Room: 4.7m. x 3.6m. Kitchen: 1.7m x 1.4m. Shower Room: White suite comprising wash basin, WC and shower cubicle. OUTGOINGS LEASE: 189 years from 24th June 1976 GROUND RENT: £50 per annum SERVICE CHARGE: Approximately £1222.72 per annum TENURE Let on a six month Assured Shorthold Tenancy from the 19th March 2018 at £600 per calendar month

Solicitors

The Law Practice, Suite 18, Elizabeth Court, Church Street, Warwickshire, CV37 6HX Tel: 0121 726 3827 Contact: Victoria Whistler

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.