Freehold In Central Brighton Arranged As 2 Maisonette's, Producing £45,600 PA

An unusual opportunity to acquire a 5 storey freehold property arranged as 2 x maisonettes. The ground and lower ground floor maisonette comprises of a 2 x double bedrooms, living room, kitchen, utility room, shower room and courtyard garden. Over the first, second and third floors is a large maisonette, comprising of 3 bedrooms and an en-suite shower room, open plan living/kitchen, shower room and utility room. Situation Montpelier Road is situated in the Regency Square Conservation Area, within minutes of Brighton seafront and promenade. Western Road is easily accessible offering a range of shops and restaurants. Brighton mainline railway station is less than a mile from the property (London Victoria 62 mins). Location Pin (What3Words): hammer.roofs.jumpy https://w3w.co/hammer.roofs.jumpy 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 Freehold Tenancies Flat 1 -LOWER MAISONETTE - Let on a 12 months Assured Shorthold Tenancy Agreement from 31st January 2024 to 30th January 2025, at a rent of £1,700pcm. Flat 2 -UPPER MAISONETTE -Let at £2,100 pcm from the 10th April 2024. A copy of the AST will be uploaded to the legal pack.

Lot Type

Residential Investment - Freehold as 2 maisonettes

Accommodation

Flat 1 -LOWER MAISONETTE Ground Floor Living Room - 4.27 m x 3.73 m Kitchen - 5.22 m x 3.47 m Utility Room - 1.50 m x 0.94 m Basement Bedroom 1 - 5.18 m x 3.50 m Bedroom 2 - 3.53 . x 3.19 m Total Floor Area - 76.79 sq.m. Flat 2 - UPPER MAISONETTE First Floor Living Room - 5.12 m x 4.43 m Kitchen - 3.60 m x 3.54 m Utility Room - 2.80 m x 1.77 m Second Floor Bedroom 1 - 5.13 m x 3.54 m Bedroom 2 (+ en-suite) - 3.62 m x 3.54 m Bath/WC Third Floor Bedroom 3 - 4.01 m x 3.89 m WC Total Floor Area - 97.19 sq.m. Council Tax Flat 1 - Band C Flat 2 - Band C EPC Rating Flat 1 - C Flat 2 - C

Additional Fees

Administration Charge - Purchasers will be required to pay an Administration fee of 0.5% (inc VAT) of the sale price, subject to a minimum of £1,500 (£1,250 plus VAT)

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.