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ONE BEDROOM SECOND FLOOR FLAT
£159,950 LEASEHOLDA one bedroom, second floor flat, recently built with a brand new 90+ year lease with no onward chain.
Initial outlay required: £52,365 -
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TWO BEDROOM FIRST FLOOR FLAT, MODERN BLOCK WITH A BALCONY
LEASEHOLD £210,000A well presented first floor, two bedroom flat in a small modern block. Benefits from a balcony and is within a good distance from a train station and local shops.
Initial outlay required: £72,380
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ONE BEDROOM SECOND FLOOR CONVERTED FLAT
£174,950 SHARE OF FREEHOLDA good sized one double bedroom, 2nd floor (top) converted flat, located moments from Hove station. The property has a modern kitchen and white bathroom and has a very good sized loft space for possible conversion subject to planning permission.
Initial outlay required: £57,015
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The newly built stadium has been named as the best new sporting stadium in the world
Read more3 Glynde House, Palmeira Avenue, Hove BN3 3GG 
PURPOSE BUILT GROUND FLOOR TWO BEDROOM APARTMENT WITH GARAGE
£185,000 LEASEHOLDA great two bedroom flat with garage in a top class residential area - a perfect rental property.
Initial outlay required: £60,130Location: Ideally situated for the excellent local buses, trains and shops, this property is also within walking distance to Palmeria Square's famous Floral Clock, Sussex County Cricket Ground and Hove seafront. VIEW MAP STREET VIEW
Description: The flat is set back from the pavement with gardens between. The accommodation benefits from a 22' Lounge, secondary double glazing throughout, communal central heating and a garage below.
Approximate Area: 550 square feet
Entrance: Hanging rail with cupboard over, trades cupboards.
Lounge/Dining Room: 22'11 x 11' (narrowing to 9'8) Fireplace surround and mantle with marble hearth and inset. Radiator, secondary glazing and coved ceiling. West facing window.
Inner HallwayKitchen: 11'7 x 7'5 (narrowing to 5'2) Range of wall and base units with work surfaces over, inset single drainer, stainless steel sink unit with mixer taps. Part tiles walls, window.
Bedroom 1: 10'11 x 10'4 West facing window with secondary glazing, wardrobe cupboards with hanging rail and shelf space, double radiator.
Bedroom 2: 8' x 6'11 West facing window with secondary glazing, wardrobe cupboards with hanging rail and shelf oer with further cupboards above.Bathroom: Comprising panelled bath with hand grips and mixer taps, pedestal wash hand basin, low level close coupled WC, tiled walls, window with frosted glass and secondary glazing. Airing cupboard housing lagged cylinder with slatted shelves over, Dimplex down flow heater and towel rail.
Outside: Single Garage
Outgoings:
Lease: 999 year from 1963
Maintenance: £1,468 pa
Ground Rent:Recommended Update: No update required other than redecoration at the next change of tenant.
A professional electrical survey may reveal work not covered by the update. It is recommended that an electrical survey is carried in addition to the valuation survey at a cost of GBP 180.00 (inclusive of VAT)
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 GLYNDE HOUSE PALMEIRA AVENUE HOVE BN3 3GG
Financial Forecast GuideAsking Price £185,000 Set Up Costs Solicitors Fees £780 incl VAT excl disbursements Research Fee £2,000 Purchase Costs Assumed Purchase Price £185,000 Estimated Update £0 incl 10% supervision fee Stamp Duty £1,850 commencing @ 1% over £125k TOTAL £186,850 Estimated Rental Income Rent per week £196 Rent per month £850 Rent per year £10,200 Owner's Annual Operating Costs Rental Agent's Fees £1,759 @ 15% plus VAT Ground Rent £0 per annum Maintenance Charge £1,468 per annum TOTAL £3,227 per annum Summary Gross Rent Per Year £10,200 Annual Operating Costs £3,227 Nett Cash In Hand pa £6,972 Nett Cash In Hand pm £581 Mortgage - Assuming 70% Loan £129,500 Total Cash Outlay £60,130 < Previous Next >
