Studio for sale

College Road, Brighton BN2

Summary

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid 120,000

This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

Situated in a highly desirable central location on College Road, this charming first floor studio apartment forms part of an attractive period building and offers a fantastic opportunity for both first-time buyers and investors alike.

The property is particularly appealing due to its generous proportions and impressive ceiling height, which immediately create a sense of space rarely found in studio apartments. The main living area is bright and airy, enhanced by a large bay window that allows for an abundance of natural light throughout the day. The room is well laid out and versatile, comfortably accommodating living, sleeping and working areas without feeling compromised.

The fitted kitchen is neatly arranged along one wall, providing a practical and functional space with a range of storage and work surfaces. There is also a separate shower room, which is well positioned off the main living area, along with additional storage within the flat.

While the property is perfectly usable in its current condition, it would benefit from some cosmetic updating, presenting an excellent opportunity for a buyer to add value and tailor the space to their own taste. The combination of character features, ceiling height and natural light gives a strong foundation for improvement.

Externally, the building itself is an elegant period property, set within a characterful and well-regarded street. The location is a key selling point, being within easy reach of Brighton city centre, the seafront, and a wide range of local amenities including shops, cafes and transport links. This makes the property equally attractive as a permanent residence, weekend base or buy-to-let investment.

Overall, this is a well-located and well-proportioned studio apartment with genuine potential, offering buyers the chance to secure a property in a prime position with scope to enhance and add value over time.

Council Tax Band: A
Tenure: Leasehold
Length of Lease: 81
Annual Ground Rent Amount: 150.00
Annual Service Charge Amount: 996.00

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.