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3 Western Street Court Brighton BN1 2PG Print E-mail

3weststcrtsmall.jpgTHREE BEDROOM, THREE STOREY TOWN HOUSE
£275,000 FREEHOLD

A three bedroom, three storey town house, set in a shared private courtyard.  A rare opportunity to acquire a freehold town house in the centre of the city.
Initial outlay required: £79,630

SOLD

Location: Western Street Court is a small, gated private courtyard on the West side of Western Street.  Western Street runs from Norfolk Square to the seafront.  Western Road runs along the North edge of Norfolk Square and is home to all the major high street shops, banks etc and is well served by the excellent local bus services.  Brighton Station is about a fifteen minute walk or a couple of minutes by bus.

Description: This newly redecorated three bedroom, three storey property benefits from gas central heating and double glazing.

Approximate Area: 600 square feet

Entrance:  Private front door to inner lobby with ceiling light, coving and laminate flooring.  Door to entrance hall with single panel radiator, ceiling light, coved ceiling, thermostat, understairs cupboard, power point and laminate flooring.

Kitchen:  9'4 x 6'7  Range of eye and base level units.  Single drainer sink with mixer taps, built in four ring gas hob and electric oven with extractor hood above, roll edge work surface, washing machine, fridge, wall mounted boiler, part tiled walls, single panel radiator, coved ceiling, extractor fan, double glazed window and wall mounted fuse box.

Bedroom Two:  10'5 x 9'2   West facing double glazed window, double panel radiator, coving and power points.

Stairs leading up to first floor

Bathroom: 
9'8 x 6'7  White suite comprising wooden panelled bath with mixer taps and shower attachment, pedestal wash hand basin, low level wc, part tiled walls, frosted double glazed window, ceiling light, single panelled radiator, coving.

Lounge:  12'9 x 11'4  Dual aspect (South & West), single glazed french doors, double panelled radiator, dado rail, coving, television point, power points, ceiling light.

Stairs leading up to second floor

Bedroom Three:  9'7 x 6'7  Double panelled radiator, double glazed window, power points, coving, ceiling lights.

Bedroom One:  12'9 x 11'4  Double panelled radiator, double glazed window, power points, coving, ceiling light.

Outside: Private shared courtyard

Outgoings:

Lease: Freehold
Maintenance: £500 for insurance
Ground Rent: n/a

Recommended Update: No update required

A professional electrical survey may reveal work not covered by the update.

These details are produced in good faith but are set out as a guide only and do not constitute any form of contract nor any statement contained therein to be representation or warranty. Any intended purchasers must satisfy themselves by inspection or under advice of their solicitor particularly in context of any approved plans for other on site or nearby development.

FINANCIAL FORECAST: 3 WESTERN STREET COURT BRIGHTON BN1 2PG
Financial Forecast Guide

Asking Price £275,000  
 
Set Up Costs
Solicitors Fees £645 incl VAT excl disbursements
Research Fee £1,500  
 
Purchase Costs
Assumed Purchase Price £249,950  
Estimated Update nil
Stamp Duty £2,500 commencing @ 1% over £125k
TOTAL £252,450  
 
Estimated Rental Income
Rent per week £242  
Rent per month £1,049  
Rent per year £12,584  
 
Owner's Annual Operating Costs
Rental Agent's Fees £2,171 @ 15% plus VAT
Ground Rent nil
Maintenance Charge £500 per annum - for insurance
TOTAL £2,671 per annum
 
Summary
Gross Rent Per Year £12,584  
Annual Operating Costs £2,671  
Nett Cash In Hand pa £9,913  
Nett Cash In Hand pm £826  
 
Mortgage - Assuming 70% Loan £174,965  
 
Total Cash Outlay £79,630  
 
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