For Sale By Auction | 14:30, 23 July 2020 | Lot 11

340 Dyke Road, Brighton, BN1 5BB

Sold £990,000

  • Block of Apartments
  • 7 Bedrooms

Call the team on 01273 201989 for more information

Auction Date

Thu 23/07/2020

Auction Time

14:30

Auction Venue

Live Stream

Substantial detached freehold building arranged as 4 flats

A freehold detached property historically arranged as 4 flats. Works to modernise the property have begun, but haven't been completed and therefore present an opportunity to finish the project and create 4 flats in one of Brighton's most sought after residential areas. In our opinion, there is potential to create three substantial, and potentially more valuable flats, by creating a 3 bedroom flat on the first floor. The work required would be minimal and would create a large 3 bedroom flat with use of the balcony at the front of the property. We advise any interested party to make their own enquires as to the suitability of this work.

Lot Type

Residential for Improvement

situation

The property is situated in a sought after residential area, on the eastern side of Dyke Road, close to the junction with Tivoli Crescent North. The property is 2 miles from Brighton City centre, 1 mile from the A27 and A23 and half a mile from Hove Park.

accommodation

The property is currently arranged as follows. Ground floor Large 3 bedroom flat with rear garden and it's own entrance from the front of the building. Garage and in-out drive First floor Entrance from the side to the first and second floor 1 bedroom flat with balcony 1 bedroom non-self-contained flat Second floor 2 bedroom flat

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

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.