No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Guide price£110,000
Added > 14 days

1 bedroom flat for sale

Flat 2, 56A Marine Parade, Brighton, East Sussex, BN2 1PN
Virtual tour
Auction
Sold STC
Save
Flat
1 bed
1 bath
452 sq ft / 42 sq m

Key information

Tenure: Leasehold | 90 yrs left
Council tax: Ask agent
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Leasehold (90 years remaining)
  • SOLD BY AUCTION FOR £120,000
  • 452 SQFT
  • Partitioned bedroom
  • Leasehold - 99 years from 1 March 2016
  • Brighton, Sussex
  • 1.1 miles to Brighton Railway Station
  • Council tax band A
  • Auction 5 April 2024
SOLD BY AUCTION FOR £120,000: To be sold by public auction on the owner's instruction. A vacant double basement, self-contained studio apartment with a partitioned bedroom measuring 452 SQFT and located in Brighton. Leasehold, 99 years from 1 March 2016. To be sold via online bidding on Friday, 5 April 2024.

Auctioneers comments: 'An opportunity to bid on and buy a well presented double basement studio in Brighton with a long lease and good rental yield potential'

Auction date
The property is to be sold by public auction on Friday, 5 April 2024, via a 2-hour online bidding window.

To view
The property can be viewed by booking onto one of the advertised managed block viewings. Once you have registered to bid by setting up your online bidding account, you will be emailed a Calendly link to do this. Each block viewing is strictly 30 minutes, and no ad hoc viewings will be available. In most cases, a video tour will be available.

Description
Double basement studio flat, partitioned bedroom, shower room

Note
Evidence of dampness noted on the inspection

Location
Marine Parade, Brighton, Sussex, 1.1 miles to Brighton Railway Station

Accommodation
Double basement: studio living room, partitioned bedroom, shower room, kitchen area, storage alcove

Outside
Outside stairs to a small entrance courtyard

EPC rating
E

Tenure
Leasehold with vacant possession
99 years from 1 March 2016

Local authority and council tax band
Brighton and Hove City Council
Council tax band: A

Pre-auction bids
To make a pre-auction bid, you must be an approved bidder. Once you have set up your online bidding account, verified your ID and paid the security deposit, you can email the amount you would like to bid. The common auction conditions and special conditions apply to all pre-auction bids, and no conditions will be acceptable. Should your pre-auction bid be accepted, you will need to immediately pay the balance of the 10% deposit (min. £5,000) and all auction fees listed. The Auctioneer reserves the right to refuse any bid.

Auction fees
In addition to the 10% deposit (min. £5,000) of your winning bid, you must pay an auction buying commission of 2% plus VAT (min. fee of £2,100 plus VAT) of the purchase price and auction buying fee of £1,900 plus VAT. Please be aware that additional fees may be payable on completion, including disbursements in the legal pack. Check the legal pack for each lot you are interested in before bidding.

Property information from this agent

Places of interest

    We are an independant property auction company founded and run by Paul Higgins-Drysdale in response to the modern and ever changing world we live in, specifically the opportunities opened up in the property auction industry. Paul has worked in property for 17 years, as an investor, an estate agent and an auctioneer. His objective for the business is to deliver the best advice with regard to the method of sale, price and process for every client, every time. The pandemic and lockdown of 2020/2021 forced the auction industry to change and the online platforms demonstrated their worth by exposing a property/lot to the entire market rather than simply to the bidders who could make the trip to the old school auction rooms of the past. It effectively opened up the property auction to a much bigger part of the property investor market. We are a new, innovative and pioneering business for buying and selling property and our mission is to deliver the best property auction service in the UK with a commitment to our belief that the mass auction sales are a thing of the past with a modern focus on the individual, their needs and the appropriate process for the sale of their property, a bespoke service focussing on what works for the client and not necessarily what promotes the business.

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on January 30, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

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