5 Bed Terraced House For Sale Montpelier Road, Brighton, BN1

£725,000- Terraced

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 2nd May 2024

Description

**For Sale By Auction on Thursday 13 June 2024**\r
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*Guide Price £725,000\r
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Freehold In Central Brighton Arranged As 2 Maisonette's, Producing £45,600 PA\r
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Description\r
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.\r
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Situation\r
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).\r
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Location Pin (What3Words): hammer.roofs.jumpy\r

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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\r
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Tenure\r
Freehold\r
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Tenancies\r
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.\r
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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.\r
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Accommodation\r
Flat 1 -LOWER MAISONETTE\r
Ground Floor\r
Living Room - 4.27 m x 3.73 m\r
Kitchen - 5.22 m x 3.47 m\r
Utility Room - 1.50 m x 0.94 m\r
Basement \r
Bedroom 1 - 5.18 m x 3.50 m\r
Bedroom 2 - 3.53 . x 3.19 m\r
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Total Floor Area - 76.79 sq.m.\r
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Flat 2 - UPPER MAISONETTE\r
First Floor\r
Living Room - 5.12 m x 4.43 m\r
Kitchen - 3.60 m x 3.54 m\r
Utility Room - 2.80 m x 1.77 m\r
Second Floor\r
Bedroom 1 - 5.13 m x 3.54 m\r
Bedroom 2 (+ en-suite) - 3.62 m x 3.54 m\r
Bath/WC\r
Third Floor\r
Bedroom 3 - 4.01 m x 3.89 m\r
WC\r
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Total Floor Area - 97.19 sq.m.\r
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Council Tax\r
Flat 1 - Band C\r
Flat 2 - Band C\r
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EPC Rating\r
Flat 1 - C\r
Flat 2 - C
Agent Details
Austin Gray
Austin Gray LLP, 37 Vernon Terrace, Brighton, BN1 3JH

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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