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1Apartment
1 1 1GUIDE PRICE £225,000 - £250,000
Situated right in the heart of Kemp Town, this apartment benefits from high ceilings, floor to ceiling sash windows and east-facing balcony. Offered for sale with NO ONWARD CHAIN!
GUIDE PRICE £225,000 - £250,000
The property is located on the first floor and has access to a lovely east-facing balcony. The communal entrance is nicely maintained.
The property itself consists of an open plan kitchen and living space, a bathroom with a large storage area above, and a cosy bedroom with a built-in storage cupboard and a double glazed window. The property is in good condition throughout and does not need any refurbishments.
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 let's 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 apartment is perfect for buy to let investors with a very attractive annual yield. The property additionally benefits from Airbnb's being allowed in the building! If you'd like to hear more about Airbnb earnings please don't hesitate to get in touch!
Viewings are highly recommended to appreciate the space and natural light within.
Train Station: Brighton 1.3 miles
Council Tax: Band A
Ground Rent: £100 PA
Service Charge: £1,100 apporx PA
Remaining Term on Lease - 83 Years (lease extension may be included within the negotiation)
**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
