Lot 03 - 46 Devonshire Place, Brighton, East Sussex, BN2 1QB

  • Unconditional Online Auction Sale
  • Guide Price* : £1,000,000+

Freehold townhouse close to Brighton beachfront currently used as short-term letting accommodation extending to 2,671sqft (248sqm) and split into 5 separate units and in good condition throughout. Close to Brighton town centre and potential to convert into a single residential dwelling or create additional units (subject to gaining the necessary consents).


Description

Situation and Description

This extensive residential property benefits from being freehold and offers an incoming buyer a variety of uses dependent on their own requirements and subject to the necessary consents. Located on a quiet street in the popular Kemptown area of Brighton and being around 5 minutes from the beachfront, this would make an excellent investment as either holiday lets/Airbnb/long-term lets with ASTs in place or possibly turned back into a residential single family dwelling.

There is an extensive selection of leisure, employment, shopping and dining options nearby with easy access to Brighton train station (Gatwick - 26 mins and London Victoria - 60 mins) and the A27/M23 motorway.

The building consists of:

3 x self-contained studios
1 x 2 bedroom maisonette spread over 2nd & 3rd floors
1 x 2 bedroom maisonette spread over ground & lower ground floor

There is permit on-street parking outside of the property.

Planning
The property was granted planning permission on 18th August 2008 under Application No: BH2008/01943 for the change of use of dwelling house to self-contained maisonettes including loft conversion with front and rear dormers and lower roof terrace at rear. Interested parties are advised to make their own enquiries as to the current layout and usage.

Auction Details
The lot is to be sold by online auction on Wednesday 11th May at 4:10pm (bidding opens on Tuesday 10th May at 12pm)

All interested parties who wish to bid, please contact My Auction on 0207 101 4868

Please note that a Buyer’s Premium of 1.2% inc.VAT of the purchase price is to be paid by the successful Buyer (subject to a minimum fee of £2,400 inc.VAT).

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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