Rugby Road, Brighton, East Sussex, BN1

GUIDE PRICE: £115,000- £130,000.

CASH BUYERS ONLY.

NO ONWARD CHAIN.

IDEAL INVESTMENT/FIRST TIME BUYERS PROPERTY.

INTERNAL VIEWINGS AVAILABLE ON REQUEST.

Set within an attractive period building on the popular Rugby Road, this well-presented studio apartment offers approximately 219 sq ft of well-planned accommodation, making it an ideal investment or first-time buyer property. The apartment is arranged around a bright open-plan kitchen, living and sleeping area, with a practical fitted kitchen and space for both seating and a bed.

The separate bathroom is conveniently positioned off the entrance hallway and includes a shower, WC and wash basin. The property is presented in good condition throughout, offering a straightforward opportunity for the next owner without the need for significant immediate works. Its position on Rugby Road also places it within easy reach of a range of local amenities and excellent transport links.

Offered with no onward chain and available to cash buyers only, this is a particularly appealing option for an investor or buyer looking for a manageable, low-maintenance property.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to
Complete within 56 days (the ‘Reservation Period‘). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.

This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

TENURE
Leasehold 99 Years from 20/12/2013
Unexpired Years: 86 Years Remaining
Annual Ground Rent: Ask Agent
Ground Rent Increase: Ask Agent
Ground Rent Review Period: Ask Agent
Annual Service Charge: Ask Agent
These details are to be confirmed by the vendor‘s solicitor and must be verified by a buyer‘s solicitor.
Agents Note: Where this property is subject to estate management, service, and/or ground rent charges, an administrative fee may be payable to the management company to transfer these charges into the buyers name upon completion.


ADDITIONAL INFORMATION

Materials used in construction: Ask Agent

For further information on broadband and mobile coverage, please refer to the Ofcom Checker online

Should a purchaser(s) have an offer accepted on a property marketed by Charters Estate Agents, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is £60 inc. VAT per purchaser, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Situated on Rugby Road, in the popular Preston Park area of Brighton, this location offers a lovely balance of residential tranquillity and everyday convenience. Preston Park and Fiveways are both within easy reach, with a good selection of independent caf©s, shops, pubs and local amenities, while Preston Park itself provides extensive green space, sports facilities and regular community events. Preston Park railway station is around a 67 minute drive or 2530 minute walk away, providing direct links towards London and Gatwick. The A23 and A27 are also easily accessible by car, while central Brighton, its seafront, restaurants and cultural attractions are readily reached by bus, bike or taxi.