Close Seafront Peacehaven

Peacehaven
For sale by auction

Guide price

£185,000
LOT SOLD

About this property

Property Summary

FOR SALE BY AUCTION on 27th June 2024

Auction Guide £185,000

A detached bungalow, requiring some updating whilst benefiting from a gas heating system, double glazed windows and patio doors, fitted kitchen and tiled bathroom, all complimented by a good size west facing rear garden.

The property is currently let on an AST that expires on 1st May 2024 at the vastly reduced rent of £9,300 per annum due to the fact the tenant is a family friend of the seller. We are advised the correct estimated rental value is closer to £16,000 per annum however buyers should make their own enquiries in this regard prior to purchasing.

***HOWEVER***

2 MONTHS NOTICE TO QUIT (SECTION 21) HAS NOW BEEN SERVED ON THE TENANT AND EXPIRES ON 11TH JULY 2024 THEREFORE IT IS POSSIBLE TO SELL WITH FULL VACANT POSSESSION IF REQUIRED. PLEASE REFER TO THE AUCTIONEER ON THIS POINT.

Situated in this popular residential location just off the A259 between Cavell Avenue and Horsham Avenue. There are comprehensive local shopping facilities and amenities in the immediate vicinity, with the seafront located just a few hundred metres to the south. Brighton City Centre and the Marina is a short distance away whilst good local schools are also close by.

*Fees apply please refer to auction team*

Property Features

Property Features

  • For Sale By Auction on 27th June 2024
  • Detached Bungalow
  • NOW WITH VACANT POSSESSION AVAILABLE. REFER TO AUCTIONEER ON THIS POINT
  • Gas Central Heating
  • Double Glazed Windows & Patio Doors
  • Extremely Competitively Priced
  • EPC Rating D With Potential to Increase to B
  • Good Size West Facing Rear Garden

Auction date and time

24th June 2026

Auction location

The Hove Club
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ

Let's Talk

Lot and auction information, viewings and advice

Simon Caplin, Head of Auctions

Simon Caplin

Tel:
01273 762039

Email:
simonc@psandb.co.uk

Lucy

Lucy Rowland

Tel:
01273 762039

Email:
lucyr@psandb.co.uk

Important notice – Pre-registration approaval to bid, guide prices, reserves, additional charges and other matters

Pre-registration approval to bid
PS&B require all bidders who wish to bid at our Auctions to register beforehand. All checks required by current anti-money laundering legislation must be satisfactorily completed as part of this process before prior approval to bid will be given. Please use the links on our website to
pre-register.

Following approval to bid, the buyer named in your registration cannot be changed without consent (for which a charge might be made).

Guide Prices

  1. A guide price (to include a range of prices), is not an indication of the anticipated eventual selling price or a valuation; it is an indication of the minimum price ( “the Reserve” ) at which (or range of prices within which) the seller might be prepared to sell. The eventual sale price can and frequently does, exceed the guide price.
  2. Where a range is given, the Reserve will sit within that range and will not exceed the top end of the range. Where a single figure Guide Price is given, the Reserve will be within 10%, upwards or downwards, of that figure.
  3. The guide price may be subject to change up to and including the day of the auction. The latest published guide price (or range of prices) is displayed on our website and you should check the website regularly for updates and on the day of the auction.
  4. All guide prices are quoted “subject to contract”.
  5. Please note the guide price for the Lot does not include:
    – any Buyers’ Fee charged by the auctioneers;
    – VAT on the sale price;
    – SOLT or any other Government taxes;
    – additional costs and fees charged by the seller or third parties that might apply to some Lots and/or some buyers.
  6. If a guide price is listed as “TBA”, it means no guide price has been set at present. Please do not call our office about this – the guide price, or range of prices, will be published online immediately it becomes available and you should check the auction website regularly for updates and on the day of the auction.

Reserve Prices
The reserve price is the minimum price at which the Lot can be sold.

For more information see Important Notes for Bidders

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