Highcroft Villas, Brighton, BN1
1 bath | 1 reception | £165,000 Having knowledge of the purchase price allows you to calculate the overall expense incurred in acquiring the property. Read our glossary page
- No onward chain
- Self-contained studio apartment
- Spacious separate kitchen
- Right-to-manage arrangement
- Ideal BTL or FTB property
- First floor flat in semi-detached villa
- Low outgoings
- Popular residential Brighton location
- Long lease - in excess of 170 years remaining
- Peppercorn ground rent
Material Information
Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page
Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :
Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page
£
Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page
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Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page
£
Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page
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**STUDIO FLAT** Bright, south-facing first floor flat - ideal for a first-time-buyer or as a buy-to-let opportunity
The current owners of this superb first-floor studio flat have owned the property since 2009 and successfully let it for the duration. Presented in very good condition throughout with high ceilings and a south facing aspect, the property benefits from a good sized separate kitchen, spacious studio room with attractive Victorian style double glazed bay windows and a contemporary bathroom with white bathroom suite including bath and electric shower. There is the added bonus of a large lockable cupboard on the communal landing for additional storage, as well as a storage cupboard in the hallway of the flat.
One of five flats in the building, the new owner will benefit from a share in the management company, retaining full control of the building maintenance program. The property will be sold with a long lease and has low annual outgoings, making it desirable from a financial aspect too.
With friendly local shops and a bistro pub this area has a lovely community feel. Away from the crowds you can still reach the beach easily and with two parks to choose from and a bus route nearby to the National Park, a healthy lifestyle beckons. You can access fashionable bars, lively arts venues and restaurants of both Brighton and Hove on foot, by bus or by cab. For commuters, Preston Park Station is about 10 minutes’ walk, and both the A23 and A27 are easy to reach.
Additional information:
Tenure: Leasehold
Length of lease - Expires 24 Dec 2197 (Approx 173 years)
Service charge - £450 pa
Ground rent - Peppercorn
Council Tax Band - A
Resident Permit Zone - Q
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