2 bedroom Apartment in Brighton

111 Kingsmere, London Road, Brighton, BN1 6UY
  • Lot No: 86
  • Property Type: Apartment
  • Contract Type: Unconditional with Fixed Fee
Countrywide Corporate Division

Guide Price* £150,000+ plus fees

Result Sold at Auction £160,000

Property Description

Two bedroomed apartment is situated in Kingsmere. The block is set back from the main road and benefits from communal grounds and parking. The apartment is on the second floor (accessed by either stairs or lift) and provides spacious accommodation throughout, however would benefit from some modernisation. The popular development of Kingsmere is situated off London Road, close to a range of local shops with Brighton centre just a short car or bus journey.

Second floor:

Entrance hallway, bathroom, wc, kitchen, lounge and two bedrooms


Outside:

Communal grounds and parking


Lease:

We have been informed the lease term is 95 years from 27th January 1978


Note:

The buyers fee for this lot is £1,200 inc VAT


Occupancy

Vacant.


Tenure

Leasehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of £1,500 inc. VAT The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Auction Details

Date 29th April 2021

Venue National Property Auction
The National Property Auction will be conducted behind closed doors by auctioneers Andrew Parker and Graham Penny. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

111 Kingsmere, London Road, Brighton, BN1 6UY