Flat 2, 4 Toronto Terrace, Brighton... Studio for sale

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Flat 2, 4 Toronto Terrace, Brighton... Studio for sale

Flat 2, 4 Toronto Terrace, Brighton, BN2 9UW
£50,000

Our Summary

  • Large Ground Floor Studio Apartment With Patio In Popular Brighton Location - Flat 2, 4 Toronto Terrace, Brighton, Brighton & Hove, BN2 9UWGuide Price £50,000 to £100,000 * Buyers Premium AppliesFor sale by public auction
  • unconditional online auction
  • Town & Country Property Auctions are delighted to offer For Sale by Public Auction this larger ground floor studio apartment with outdoor patio in Hanover, A popular area located in Brighton
  • The property will be entered into our 10th December auction which is held online and starts at 10am
  • Cash Buyers Only
  • Please contact Town & Country Property Auctions for more information and to register for the auction
  • The auction will be held online, and registration is now open
  • The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated)
  • Pre Auction Offers Are ConsideredThe seller of this property may consider a pre-auction offer prior to the auction date
  • All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit
  • To make a pre-auction offer we will require two forms of ID,

Description

This is a large ground floor studio apartment with a patio located in the popular Brighton area of Hanover. The property is being sold by public auction and is expected to fetch a price between £50,000 and £100,000. The apartment features a modern kitchen area and has a tenant in situ, offering an instant rental income. The property is leasehold with 64 years remaining on the lease and has a ground rent of £37.50 and a service charge of £150 every six months. The tenant is currently on a 9-month AST and has no arrears. Viewings are available and the property is being sold with a 28-day completion. The buyer will need to pay a £5,000 or 5% deposit and a 3%+VAT buyers premium, and contracts will be exchanged immediately after the auction. The seller may consider pre-auction offers prior to the auction date.