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LOT 5

Coronation House, High Street, Newhaven, East Sussex, BN9 9PR

Coronation House, High Street, Newhaven, East Sussex, BN9 9PR

Property Details
Tenure

LEASEHOLD

Description
Let to Brighton & Hove City Council for an initial period of 7 years expiring on 25th April 2019. However by mutual agreement, we understand the lease was renewed for a further period of one year thereby expiring on 25th April 2020. The current passing rent is £575 per month.

Accommodation
Bedroom - 4.7m x 2.2m
Lounge - 4.4m x 2.9m
Kitchen 4.1m x 1.6m
Bathroom

Location
The property is situated in Newhaven Town Centre in a conveniently within easy reach of local shops, mainline railway station, harbour and bus services.

The lease of the flat has an unexpired term of 84 years.

EPC
Rating D

Additional Information
*Guide price definition

Guide prices are provided as an indication of the seller’s current minimum acceptable price at auction. They are not necessarily figures that a property will sell for, and may change at any time prior to the auction. The guide price may not be the minimum sale price, which can be higher or lower.

Reserve price definition

The reserve price is the minimum acceptable price under the hammer, which remains confidential, and may change at any time prior to the auction. Unless otherwise stated, each property will be sold subject to a reserve. The reserve is expected to be set no more than 10% above a fixed figure guide price, or within a guide price range.


  • Town Centre Location
  • Outstanding Value
  • Ideal Buy To Let, Yielding Between 8.6% & 9.8%

Guide Price: £70,000 - £80,000 NEW GUIDE PRICE*


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