>
Studio flat for sale
Albert Road, BRIGHTON
£75,000
Albert Road, BRIGHTON
£75,000
Our Summary
- SUMMARYAUCTION SALE 03 February 2025 - Leasehold second floor self-contained flatInvestmentDESCRIPTIONLeasehold second floor self-contained flatInvestment Location:The property is situated on the north side of Albert Road, opposite its junction with Alexandra Villas
Description
This is a leasehold second-floor self-contained flat located on Albert Road in Brighton, opposite its junction with Alexandra Villas. The property is situated near public transport links, including Brighton Railway Station, and has access to local amenities, shopping, and recreational pursuits. The flat is currently let on a tenancy agreement for a term of 2 years from July 2021 at a rent of £900 per calendar month. The lease has approximately 56 years remaining and is held on a 99-year lease with a ground rent of £25 per annum, rising to £100 per annum. The property is being sold at auction, and interested buyers are advised to view the property by arrangement with the auctioneer. The guide price for the property is not a valuation or assessment of value, but rather an indication of the region at which the reserve may be set.