Lavender Street, Brighton
Sold Subject to Contract
1 bed | 1 bath | 1 reception | £215,000 Having knowledge of the purchase price allows you to calculate the overall expense incurred in acquiring the property. Read our glossary page
- Perfect buy-to-let or first home
- Leasehold with 94 years remaining
- Service charge £650 pa
- Ground rent £10 pa
One bedroom apartment situated on the second floor of a purpose built block in Kemp Town. The property is in an excellent location, moments from the beach and all the shops and eateries in Kemp Town, and walking distance from the city centre. In more detail the accommodation comprises: entrance hallway with large storage cupboard, living/dining room, kitchen, double bedroom and a bathroom.
We currently look after the letting of this property and is has been a great investment for the current owner with the low annual costs. It would also be a fantastic first time buyer home.
Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page
Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :
Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page
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Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page
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Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page
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Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page
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