First Floor Leasehold Studio Flat Producing £10,500 Per Annum

First floor studio flat within a semi-detached Victorian conversion - comprising entrance lobby, studio room with walk in wardrobe/boiler cupboard, kitchen & bathroom. The flat is located at the rear of the building. *Images provided prior to tenant moving in* Situation Ditchling Road is situated just over half a mile from London Road, offering a variety of shops, retail, restaurants and within walking distance of 'The Fiveways' Brighton. The North Laines and Brighton Mainline Railway Station are just under a mile away (London Victoria 62 minutes). The property is within the Round Hill Conservation Area. Location Pin (What3Words): worry.snow.sums https://w3w.co/worry.snow.sums Accommodation Studio Room - 4.09 x 4.41 Walk-In Wardrobe/Boiler Cupboard - 0.75 x 1.80 Kitchen - 2.72 x 1.59 Bathroom & W/C - 2.72 x 1.31 Total Floor Area - 27 sq.m. 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 New Lease to be granted - 999 years (with no ground rent). Tenancy Let on an Assured Shorthold Agreement for 12 months, from 11th March 2023, up to and including 10th March 2024 at a rent of £875pcm *Tenant currently paying £800 pcm whilst the property is being marketed for sale.* Council Tax- Band A EPC Rating - D

Lot Type

Residential - Let on Assured Shorthold Tenancy

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)

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.