2 bed Flat For Sale £240,000
Situated within a predominately residential area of Hove this well presented two-bedroom first floor flat is considered ideal for immediate investment.
Having undergone refurbishment work during the last
12 months which included rewiring, upgraded ceilings for fire and sound ratings and gas heating system the property is now let to provide a good income.
Payne Avenue is located in the desirable Poets Corner area of Hove offering easy access to Aldrington mainline railway station, local shops and amenities.
Accommodation
Communal entrance with stair leading to the first floor.
Entrance hall with storage cupboard, fitted kitchen, bathroom with W.C., living room, two bedrooms.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £1,000 per calendar month.
Tenure
Remainder of a 125 year lease from 23rd June 2017 at a current ground rental of £250 per annum.
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.
Please note, following the Governments advice, lots are now being offered via our online platform. To register for our online auction please go to our online auction page . For further information please go to or call us on .
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 , or contact us on , 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
Having undergone refurbishment work during the last
12 months which included rewiring, upgraded ceilings for fire and sound ratings and gas heating system the property is now let to provide a good income.
Payne Avenue is located in the desirable Poets Corner area of Hove offering easy access to Aldrington mainline railway station, local shops and amenities.
Accommodation
Communal entrance with stair leading to the first floor.
Entrance hall with storage cupboard, fitted kitchen, bathroom with W.C., living room, two bedrooms.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £1,000 per calendar month.
Tenure
Remainder of a 125 year lease from 23rd June 2017 at a current ground rental of £250 per annum.
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.
Please note, following the Governments advice, lots are now being offered via our online platform. To register for our online auction please go to our online auction page . For further information please go to or call us on .
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 , or contact us on , 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
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