For Sale By Auction | 9:30, 12 February 2025

Flat 1, 41-45 St. James's Street, Brighton, East Sussex, BN2 1RB

*Guide | £350,000+ (plus fees)

  • Flat
  • 3 Bedrooms
  • Tenure: Leasehold. The property is held on a125 year lease from 1st January 2003 (thus approximately 103 years unexpired).

Call the team on 020 7625 9007 for more information

Auction Date

Wed 12/02/2025

Auction Time

9:30

Auction Venue

Live Stream

A First Floor Three Bedroom Flat Subject to an Assured Shorthold Tenancy Let At £24,600 Per Annum

The property comprises a first floor three bedroom flat situated within a purpose built building arranged over ground and three upper floors.

Tenure

Leasehold. The property is held on a125 year lease from 1st January 2003 (thus approximately 103 years unexpired).

By Order of the LPA Receivers

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Brighton Beach are within walking distance. Transport links are provided by London Road rail station.

Accommodation

First Floor Reception Room Kitchen Three Bedrooms (One With En-Suite) Bathroom GIA Approximately: 146 sq m (1,571 sq ft)

Exterior

The property benefits from a balcony.

Tenancy

The property is subject to an Assured Shorthold Tenancy for a term of 12 months commencing 6th July 2024 at a rent of £2,050 per calendar month. The receivers have not been provided any evidence as such and no rent has been collected. Please refer to the legal pack for further information.

The property has not been inspected by Auction House London. All information has been compiled by a valuation report supplied by the Receiver. The internal photos were taken on the 10th May 2023 as per the valuation report.

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

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