37 Vernon Terrace
Brighton
Sussex
BN1 3JH
Spencer Road, Eastbourne
£800,000
House
- Detached Residential Freehold
- Arranged as 4 x self-contained flats
- 3 x 2 bedroom flats To Be Sold With Vacant Possession
- Lower Ground Floor Flat Sold Off On Long Lease
- Close To Eastbourne Station
- Communal Rear Garden
Detached Residential Freehold Arranged As 4 x Self-Contained Flats
Description
A unique opportunity to purchase this prestigious detached residential freehold property. The accommodation is configured over 4 main floors, including lower ground, ground, first and second floors, arranged as 4 self-contained flats. Please note, the lower ground floor flat is sold off on a 90 year long lease. The ground, first and second floor flats are deceptively large and will be sold with vacant possession. The property also benefits from a good sized shared communal rear garden between flats 1, 2 and 3.
Situation
The property is located in Spencer Road, close to the Memorial Roundabout and within Eastbourne’s immediate town centre. Numerous amenities are close by including The Beacon shopping centre, various cafes and restaurants and the famous Devonshire Park, home to the Lexus Eastbourne Open tennis tournament. The mainline railway station, with direct links to London and Brighton, is within walking distance, as is the seafront.
Accommodation
The property has the following approximate Gross internal floor areas:
Lower Ground
Ground 116.72sqm
First 107.32sqm
Second 96.49sqm
Total320.53sqm
EPC's
Lower Ground- D
Flat 1 - D
Flat 2 - D
Flat 3 - C
Council Tax
Lower Ground- B
Flat 1 - D
Flat 2 - C
Flat 3 - C
Tenancies
Lower Ground - Sold off on a long lease for a term of 90 years from November 1977. Current ground rent is £50pa, increasing on each 30th anniversary of the term up to £100pa.
Flat 1 - N/A & To be sold with vacant possession
Flat 2 - N/A & To be sold with vacant possession
Flat 3 - N/A & To be sold with vacant possession
VAT & Legal Fees
We understand the property is not elected for VAT. Each party to bear their own legal costs incurred
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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