Block of flats for sale in Highlands Road, Brighton BN41, £350,000

350,000.00

Offer Nr.:
64905319
Type of ad:
for Sale
Property type:
Block of flats
Contact name:
Graves Son & Pilcher
Phone(s):
01273 083996

Greenways was built in the early 1970s and is situated in Portslade, to the
west of Brighton & Hove. The Old Shoreham Road (A270) lies to the South,
connecting Brighton & Hove to Shoreham in the West. There are several schools
in close proximity as well as a Sainsburys superstore within walking distance.
Fishersgate railway station, is located within walking distance to the South
West, and Portslade railway station to the South East, with direct services to
Southampton, Brighton and London.
A ground rent investment property. Comprising 49 self - contained apartments,
being sold subject to long leases of varying lengths.
Offers are invited in the region of £350, 000 for the freehold interest of the
property. Under the terms of the lease, the freeholder has the right to
appoint managing agents and to insure the building. Should a sale be agreed
Section 5a Notices will subsequently be served on the qualifying tenants.
The leases include car parking provisions for the leaseholders and there is a
covered car park in the grounds of the building. Each party is to be
responsible for their own legal costs.
It is considered that there may be potential of further development, subject
to planning, either within the grounds of the building or within the air space
on the roof of the building.
Any enquiries relating to redevelopment potential should be explored by the
buyer and referred to the Local Planning Authority.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

Similar properties: