1
1
1Apartment
1 1 1The location of this apartment is fantastic, with the sea at the bottom of the street and Kemp Town village's array of independent shops, restaurants and friendly pubs. (contd...)
The location of this apartment is fantastic, with the sea at the bottom of the street and Kemp Town village's array of independent shops, restaurants and friendly pubs.
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).
The forever popular Portland Place is situated right in the heart of the Kemp Town village. These fabulous Grade I listed houses were originally designed by the famous Charles Augustus Busby around 1829-1850 and is still a hugely desirable street leading down to the Brighton's famous seafront.
The property is located towards the rear of the building on the ground floor. The entrance hallway is nicely maintained. The property itself consists of an open plan kitchen and living space, a shower room with a separate WC, and a good sized bedroom.
This apartment is in need of modernisation throughout; but would be ideal for a first-time buyer or a buy to let investor looking to add some value.
This idyllic apartment is right in the heart of Kemp Town village with its boutique shops and cafes as well as gastro pubs, offering a cosmopolitan ambience and lets not forget our greatest treasure the seafront. Kemp Town's seafront is undergoing a fantastic regeneration including a brand new boardwalk which runs all the way from Dukes Mound to the Marina.
There is a new heated Olympic-size outdoor swimming pool, which opened in spring 2023, this can be accessed by a Victorian lift which is currently being restored. In February the council voted in favour of a budget amendment for an additional £3.65m cash injection for Madeira Terrace. The first phase of restoration, to restore 30 arches began in October 2023.
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 buyer will pay £300.00 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 4.50% 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.
Council Tax Band A
Ground Rent: N/A
Maintenance: £835.70 Per 6 months
Lease: 161 year lease remaining
**Please note that all leasehold information relating to length of lease or ground rent & service charges has been supplied to us by the seller.**
Mishon Mackay
