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£140,000 guide price

1 bedroom ground floor flat for sale

Ground Floor Flat, 11 Egremont Place, Brighton

£140,000 guide price

1 bedroom ground floor flat for sale

Ground Floor Flat, 11 Egremont Place, Brighton

Description

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Property features

  • Available Post Auction
  • Auction Date : 06 February 2019
  • Lot Number : 76
  • Ground Floor Flat With Garden
  • Residential Investment
  • Leasehold
  • Current Rental : £10,200 per annum
  • *Guide Price : £140,000 - £150,000 + Fees

Property description

Situated in Brighton’s popular Kemptown district and located on the west side of Egremont Place, close to its junction with Edward Street, this one bedroom ground floor flat offers easy access to local shops, restaurants and amenities including Queens Park and Brighton seafront. Brighton city centre and mainline railway station can be found less than one mile west of the property.

The flat, which is currently let to provide a good income, also provides a west facing rear patio garden, gas heating system via radiators and is considered ideal for immediate investment.

Ground Floor
Entrance hall, living room, kitchen, bedroom and bathroom with W.C.

Outside
West facing rear patio garden.

Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £850 per calendar month.

Tenure
Remainder of a 99 year lease from 1st September 1982 at a current ground rental of £50 per annum.

Auctioneer’s Note
In accordance with the 1979 Estate Agency Act the Auctioneers declare that an employee of the firm has an interest in the flat being offered.

Residential EPC: D

Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.


Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at www.cliveemson.co.uk, or contact us on[use Contact Agent Button], in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to www.cliveemson.co.uk/buyers-fees/

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Nearby services within a 3 mile radius

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Call 01622 279788

DISCLAIMER

Property reference 39027. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Clive Emson Land & Property Auctioneers - Maidstone. Please contact the selling agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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