3 Bed Flat For Sale London Road, Brighton, BN1

£350,000- Flat

1 of 12
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 21st June 2024

Description

*** ASKING PRICE £350,000 ***

Favourably located opposite Withdean Park; A THREE BEDROOM FIFTH FLOOR APARTMENT in a GATED DEVELOPMENT with a BALCONY. Sold with NO ONWARD CHAIN.

Previously the show flat for the development, this well-proportioned apartment sits on the fifth floor of a purpose-built block and briefly comprises a good-sized living/dining room, a separate fitted kitchen, three bedrooms, one with an ensuite shower room, and a further bathroom. The hallway provides independent access to the majority of rooms, each has large windows with an east/west aspect making for an exceptionally bright home. Unparalleled views across Withdean Park are seen from the balcony, which can be accessed via the two largest bedrooms and the lounge.

The Park Apartments benefits from its own residents' gym and sauna. The block has undergone external refurbishment, which was completed at the end of 2023. The property also has an allocated parking space.

Nearby Patcham Village, Preston Drove, and London Road offer a large variety of shops, bars and restaurants while closer to home there are more amenities on Eldred Avenue.

The Park Apartments has a gated resident parking area, and a dedicated parking space is included in the lease. Regular bus services travel across the city and out up to Devil's Dyke with its long walks and panoramic views.

With plenty of nearby green open spaces to choose from, including Withdean Park and Preston Park, the South Downs are within easy reach.

The Park Apartments is not currently controlled by a parking zone. This home is in council tax band C which is currently charged at £2,078.28 for 2024/25.

EPC rating - C
Council Tax – C
Broadband & Mobile Phone Coverage – Prospective buyers should check the Ofcom Checker website
Planning Permissions – Please check the local authority website for any planning permissions that may affect this property or properties close by.
Parking – not controlled parking area, allocated parking space

TENURE & OUTGOINGS
Tenure: Leasehold
Unexpired term on lease - 102 years
Ground Rent – £195 pa paid 6 months in advance
Ground Rent review date – doubles every 25 years, therefore it is expected to be £380pa from 2026
Service Charge - £2,541pa paid 6 months in advance
Reserve Fund – included in service charge
Other outgoings –general buildings insurance policy £1.3k pa
This is information has been provided by the seller. Please obtain verification via your legal representative.
Agent Details
Sawyer & Co
201 Preston Road, Preston, Brighton, BN1 6SA

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 3 bedroom property. See more properties like this.

£375,000
Hove, BN3
Apartment
7.5
£385,000
Brighton, BN1
Flat
7.3
£400,000
Brighton, BN1
Detached
7
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested