Substantial Freehold Investment arranged as 5 flats

A substantial Victorian semi-detached property arranged as 5 flats, with private garden to the rear and driveway to the front. The property requires modernisation. Currently, only one of the flats is let, producing £9,000 per annum, the remaining flats are vacant. The property has potential (subject to usual consents) for conversion back into a house. Interested parties to make their own planning enquiries. Situation Situated on level ground forming part of the Clermont Estate and being within a 2 minute walk of Preston Park mainline station with direct access to London. Brighton City centre is just over 2 miles away to the South. The property lies in the Preston Park Conservation area. 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 Rent We have been informed that Flat 3 is currently let at approximately £750.00 pcm. We have requested a copy of the AST agreement - to be uploaded to the legal pack. Accommodation Flat 1- (Basement) - 61 sqm Flat 2 - (Ground Floor ) - 79 sqm Flat 3 - (-Mid-floor) - 42 sqm Flat 4 - (-Mid-floor) - 31 sqm Flat 5 - (- Mid-floor) - 40 sqm Total Floor Area - 253 sqm EPC's Flat 1 - E Flat 2 - D Flat 3 - D Flat 4 - D Flat 5 - D Tenure - Freehold

Lot Type

Residential Investments

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.