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Substantial Freehold Semi-Detached Property - Currently Arranged As 4 Flats
A rare opportunity to acquire a vacant semi-detached red brick property, located on popular Florence Road, Brighton. The property spanning across 3 storeys is currently arranged as 4 self-contained flats. 12 Florence Road, also benefits from a lower ground floor storage room & private rear south facing garden.
The property has been used for letting purposes for many years and does not have an HMO licence, as the vendor is exempt.
The property has potential to convert to a family home - subject to necessary consents.
Lot Type
Freehold Investment
Accommodation
Basement Store - 4.43 x 4.42 Basement Storage Space Ground Floor (Front) - Flat 1 1 bedroom flat Total Floor Area - 46 sqm Ground Floor (Rear) - Flat 4 1 bedroom flat Total Floor Area – 61 sqm First Floor - Flat 2 2 bedroom flat Total floor area - 61 sqm First & Second Floor - Flat 3 2 bedroom maisonette Total Floor Area - 42 sqm Total Floor Area - 243.04 sq.m.
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 1% (inc VAT) of the sale price, subject to a minimum of £1,750 (inc VAT)
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.