Lot 02 - 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.

Auction Details
The lot is to be sold by online auction on Wednesday 22nd June at 4:05pm (bidding opens on Tuesday 21st June 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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