House For Sale £135,000
Strapline
Auction Sale - 04/10/2022
Of interest to investors and developers. A freehold block comprising 28 purpose built flats and 6 garages sold on long leases with consent via prior approval for the construction of two additional storeys to comprise 8 x 1 bedroom apartments. Investment / development opportunity.
Location
Situated at the corner with Hangleton Way,
Convenient to the local amenities on Hangleton Road.
A popular residential area approximately 4 miles to the east of Brighton which provides a broad range of shops bars and restaurants.
Leisure and recreation amenities are available along the sea front, approx 1 mile to the south
Public transport includes Portslade and Hove Train Stations.
Transport
Hove and Portslade Stations - National Rail
Tenancy
The 28 Flats and Six Garages are each on leases for a term of 999 years from 1st January 2021 at a peppercorn ground rent.
Planning
Prior Approval consent has been granted on 8th July 2021 for the construction of Two additional storeys on the existing Detached Block of Flats to create Eight New Build One Bedroom Flats. Copies of the plans and consent are available for inspection. (Planning Reference Number BH2020/02965).
Auction Sale - 04/10/2022
Of interest to investors and developers. A freehold block comprising 28 purpose built flats and 6 garages sold on long leases with consent via prior approval for the construction of two additional storeys to comprise 8 x 1 bedroom apartments. Investment / development opportunity.
Location
Situated at the corner with Hangleton Way,
Convenient to the local amenities on Hangleton Road.
A popular residential area approximately 4 miles to the east of Brighton which provides a broad range of shops bars and restaurants.
Leisure and recreation amenities are available along the sea front, approx 1 mile to the south
Public transport includes Portslade and Hove Train Stations.
Transport
Hove and Portslade Stations - National Rail
Tenancy
The 28 Flats and Six Garages are each on leases for a term of 999 years from 1st January 2021 at a peppercorn ground rent.
Planning
Prior Approval consent has been granted on 8th July 2021 for the construction of Two additional storeys on the existing Detached Block of Flats to create Eight New Build One Bedroom Flats. Copies of the plans and consent are available for inspection. (Planning Reference Number BH2020/02965).
