£100,000

Retirement Property

Wilbury Road, Hove

1 1

Description

FOR SALE BY AUCTION ON 27 SEPTEMBER 2019

First floor studio flat within an over 55's age group independent living block with 109 years remaining of a 125 year lease.
The auctioneer is of the opinion that the flat could achieve a rental figure in the region of £700 per calendar month.

Studio Room 4.65m x 3.61m
Kitchen 2.11m x 1.70m
Bathroom 2.11m x 1.63m

Ground Rent £100.00 per annum
Service Charge £1,337.40 (for the year to 31 March 2020)
Reserve Fund Contribution £265.38 (for the year to 31 March 2020)

Harewood Court is situated at the South end of Wilbury Road, close to the shops and restaurants of Church Road, and easily accessible to many bus services. Hove promenade and seafront is approximately a quarter of a mile away & Hove mainline railway station is within a mile of the building. Harewood Court is a purpose built development catering specifically to the over 55 age group and offers independent living in a secure environment. It has a communal residents lounge and gardens, on-site hairdresser, library, passenger lifts, a weekday/daytime house manager, roof terraces, entry phone door security and an active residents association.

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