* Property is Sold STC and not accepting further viewings
* 1 Bedroom Flat
* Ground Floor
* Perfect for home buyers or as a rental investment
* Leasehold
* Later option to purchase a share of freehold
* EPC: C
* Asking: £220, 000
* Rental return at £950pcm gross
* Rental potential at £1, 100pcm gross
Perfectly positioned on Gladstone place, this attractive ground floor flat is
situated amidst all the local amenities that Lewes Road has to offer, yet is
nicely off - set from the main road, meaning the property is private and quite.
Offered initially as a leasehold, there may be a later option to purchase a
share of the freehold, as each flat in this building is currently listed for
new ownership. Further details on this can be provided on request. There is a
£1 pa ground rent, with a 149 Year lease available on completion.
For the reference of investment buyers, the property is currently let agreed
on a periodic agreement producing a gross rental at £950pcm / £11, 400PA, with
a re - let potential of £1, 100pcm / ££13, 200.