ROI = 5% BMV = -9.44%
Description

SUMMARY Unlock the potential of this charming, detached cottage, perfectly positioned opposite the leafy Withdean Park. A fantastic opportunity to modernise and create your dream home, boasting two double bedrooms, off-road parking, and a generous rear garden. Imagine the possibilities! DESCRIPTION Imagine living opposite the picturesque Withdean Park in your own detached cottage. This property, ripe for modernisation, offers the perfect blend of convenience and potential. Featuring two double bedrooms, off-road parking, and a generous rear garden, this home provides a comfortable foundation to build upon. Explore the possibilities and embrace the idyllic lifestyle on offer! 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  Peacock Lane is a private residential lane which is situated just off of London Road in an established area north of Brighton city centre, which is conveniently located for access to both the A23 and A27 making this ideal home for commuters. The house is adjacent to Withdean Park which covers 38 acres of open space which has been carefully laid out with ornamental shrubs and flowers and also boasts a famous lilac collection. The area is very popular with walkers all year round. Hollingbury Golf Course & Hillfort, Wild Park Local Nature Reserve, Blakers Park & Preston Park are also all accessible from this property. Local shops can be found nearby in Patcham Village, Fiveways, Woodbourne Avenue and Wilmington Parade, and more comprehensive shopping can be found at the Hollingbury Retail Park offering Matalan, Argos, Pets at Home and M&S Simply Food as well as the main Asda superstore. There are several local schools in the area which cater for all age groups, some right on the doorstep. Local 'bus services run close by giving access to Brighton's famous seafront and promenade along with Brighton City centre. Key Information  Schools  Primary: St Bernadette's Catholic Primary School - 0.5 miles, Patcham Infant School - 0.6 miles, Balfour Primary School - 0.6 miles, Westdene Primary School - 0.7 miles, Patcham Junior School - 0.8 miles, Stanford Infant School - 1.1 miles, Hertford Infant School - 1.1 miles, Stanford Junior School - 1.2 miles, Carden Nursery & Primary School - 1.2 miles, Downs Infant School - 1.3 miles, Hertford Junior School - 1.3 miles. Secondary: Varndean College - 0.4 miles, Downs View Link College - 0.5 miles, Dorothy Stringer School - 0.5 miles, Patcham High School - 0.7 miles, Varndean School - 0.7 miles, Cardinal Newman Catholic School - 1.2 miles, BHASVIC College - 2.2 miles. Train Stations  Preston Park Station - 0.6 miles London Road Station - 1.3 miles Brighton Mainline Station - 2.1 miles Amenities  Patcham Village - 0.9 miles Sainsbury's Local (Preston Road) - 1.0 miles Preston Drove Shopping Parade - 1.0 miles Preston Circus/London Road Shopping - 1.3 miles Fiveways Shopping Parade - 1.4 miles Sainsbury's Superstore (Lewes Road) - 2.1 miles Tesco Express (The Droveway) - 2.1 miles Sainsbury's Superstore (Lewes Road) - 2.1 miles Seven Dials Shopping Parade - 2.2 miles Sainsbury's (New England Street) - 2.2 miles Pavilion Retail Park (Lewes Road) - 2.3 miles Brighton City Centre - 3.6 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: 160015559
  • Added On: 2025-03-31
  • Deal Type: For Sale
  • Property Price: £550,000
  • Bedrooms: 2
  • Bathrooms: 1.00
Amenities
  • Sale by Modern Auction (T&Cs apply)
  • Subject to an undisclosed Reserve Price
  • Buyers fees apply
  • DETACHED COTTAGE
  • 2 BEDROOMS
  • OFF ROAD PARKING
  • LARGE REAR GARDEN
  • IN NEED OF MODERNIATION