First Floor Studio Flat - Producing £9,600 Per Annum

Leasehold self-contained first floor flat within a period conversion. Tisbury Road comprises of a studio room, study, kitchen and bathroom. Situation Tisbury Road is located within the Willett Estate CA; just North of Church Road main shopping thoroughfare with multiple local amenities, bars, restaurants and within walking distance of Hove seafront and promenade - this is a fantastic location in Central Hove. Hove mainline station, is a 5 minute walk to the North of Tisbury Road, (London Victoria 67 minutes). Location Pin (What3Words): trick.pound.until https://w3w.co/trick.pound.until Accommodation Hall - 1.43 x 0.95 Sitting Room - 2.26 x 2.30 Kitchen - 2.09 x 1.57 Bedroom 3.37 x 4.1 Bathroom - 1.62 x 1.44 Total Floor Area - 35.2 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 Leasehold - From 24 June 1974 to 23 June 2163 (approximately 138 years remaining) Ground rent - Peppercorn Tenancies Let on an Assured Shorthold Agreement from 27th June 2015 for 12 months (the tenant is holding over) current rent £800pcm (£9,600pa) Council Tax - Band A EPC Rating - E

Lot Type

Residential

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.