Terraced house for sale in 12, Montpelier Road, Brighton BN1

For sale by auction on Thursday, 13 Jun 2024 at 2.30pm

Venue: Live Stream

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

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)

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.