For sale by auction on Thursday, 24 Nov 2022 at 2.30pm
Venue: Live Stream
Studio Flat in central Hove, producing £8,340 per annum
Studio apartment located on the seventh floor of this well purpose-built block of apartment in central Hove. The apartment comprises, entrance hall with intercom & built-in storage, studio room with fitted wardrobes, separate fitted kitchen and family bathroom.
Situation
Situated just North of Church Road in The Avenue Conservation Area being with its thoroughfare of shops, bars, restaurants and within walking distance of Hove seafront and promenade - this is a fantastic location in Central Hove. Hove mainline station is a 5-minute walk to the North (London Victoria 67 minutes).
Accommodation
Living Room/Studio Room - 2.88 x 4.72
Kitchen - 1.72 x 2.65 (to the front of the fitted wall cabinets)
Bathroom - 1.73 x 1.02
Total Floor Area - 30 sqm.
<nb we draw your attention to the special conditions in the legal pack, referring to other charges in addition to the purchase price. Please ensure you read the special conditions thoroughly
Tenure
Leasehold - 189-year lease from 29th September 1966 (approximately 133 years remaining).
Ground rent - Peppercorn
Tenancies
Let on an Assured Shorthold Agreement - Holding Over from September 2021 at a rent of £695 pcm totalling £8,340 pa.
Council Tax Band A
EPC Rating C
Lot Type
Residential
Additional Fees
Administration Charge - Purchasers will be required to pay an Administration fee of 0.3% (0.25% plus VAT) of the sale price, subject to a minimum of £1,200 (£1,000 plus VAT)
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.