£500,000

   

ROI = 7% BMV = 3.34%
Description

SUMMARY This is a three-bedroom Victorian style terrace house retaining some original features in need of general modernisation and re-fitting. The house is situated in this sought after location between Surrenden Road and Balfour Road close to local schools, Preston Park and Preston Park station. DESCRIPTION This is a three-bedroom Victorian style terrace house retaining some original features in need of general modernisation and re-fitting giving the oppotunity to create a lovely family home. The house further comprises: lounge, separate dining room, kitchen, a first floor bathroom and good size rear garden. The house is situated in this sought after location between Surrenden Road and Balfour Road close to local schools, Preston Park and Preston Park station. Auctioneer's Comments  This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of ?6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change. Location  Situated in this highly favoured residential area in Preston Park, between Surrenden Road and Balfour Road, with many local amenities on your doorstep along with Preston Park station within half a mile away making the property ideal for a commuter. Local bus transport can be found on Surrenden Road which will take you in to Brighton city centre. Brighton's famous seafront/promenade and surrounding areas. The A23/A27 road network can also be easily accessible. Blakers Park is close at hand along with Preston Park itself which offers an array of recreational facilities within its 67 acres including eight tennis courts, three bowling greens, a cycle velodrome, two cricket fields, four football pitches, two basketball courts and plenty of pathways for running and jogging. Key Information  School  Primary: Balfour Primary School - 0.3 miles, St Bernadette's Catholic Primary School - 0.3 miles, Stanford Infant School - 0.6 miles, Downs Junior School - 0.6 miles, Hertford Infant School - 0.6 miles, Stanford Junior School - 0.7 miles, Downs Infant School - 0.7 miles, Hertford Junior School - 0.9 miles, Patcham Infant School - 1.1 miles, Patcham Junior School - 1.2 miles. Secondary: Dorothy Stringer School - 0.2 miles, Varndean School - 0.4 miles, Varndean College - 0.9 miles, Cardinal Newman Catholic School - 0.9 miles, Downs View Link College - 1.0 miles, Patcham High School - 1.2 miles, BHASVIC College - 1.5 miles. Train Stations  Preston Park Station - 0.6 miles London Road Station - 1.0 miles Brighton Mainline Station - 1.7 miles Amenities  Sainsbury's (Preston Road) - 0.5 miles Fiveways Shopping Parade - 0.6 miles Preston Circus/London Road Shopping - 0.9 miles Patcham Village - 1.4 miles Seven Dials Shopping Parade - 1.4 miles Sainsbury's (New England Street) - 1.5 miles Pavilion Retail Park (Lewes Road) - 1.7 miles Sainsbury's Local (Carden Avenue) - 1.8 miles M&S Simply Food (Carden Avenue) - 2.0 miles Asda Superstore - 2.3 miles Brighton City Centre - 2.3 miles Main Roads  A23/A27 Road Network - Less than a 10 minutes' drive away. 1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. 5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

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Property Details
  • Property ID: 152387276
  • Added On: 2024-09-14
  • Deal Type: For Sale
  • Property Price: £500,000
  • Bedrooms: 3
  • Bathrooms: 1.00
Amenities
  • Sale by Modern Auction (T&Cs apply)
  • Subject to an undisclosed Reserve Price
  • Buyers fees apply
  • Victorian period style house close Balfour/Vardean/Dorothy Stringer schools
  • In need of modernisation and general updating
  • Three bedrooms and two reception rooms
  • Kitchen
  • Good size rear garden