2 bed maisonette for sale

Argyle Road, Brighton BN1

****Offered with a 50 % share in the freehold and an extended 999 year lease upon completion, at no cost for the new buyer****

A generous 77 square metre maisonette with the rare benefit of an expansive private rear garden, two double bedrooms and private entrance, enviably situated in a fabulous central location approximately half A mile from brighton station.

Offered with a share in the freehold and extended 999 year lease upon completion for the new buyer.

The surrounding area offers an excellent choice of popular local restaurants, pubs, shopping and amenities, as well as all that central Brighton has to offer with its wider choice of both independent and big name stores, cafes, restaurants and entertainment.

Regular and direct routes into central London can be found from Brighton station with advertised journey times into London Victoria in as little as 1hr2mins and Gatwick Airport in approximately 30mins.

The property is arranged with generous accommodation over two storeys;

The ground floor has a good sized living/dining room, fitted bathroom and fitted kitchen which enjoys a rear garden aspect and access.

Two excellent sized double bedrooms occupy the first floor.

A particular feature of the property is the exceptional rear garden, which is mainly laid to lawn with a fenced surround and a useful garden outbuilding, measuring approximately 140m2 (vendor provided estimate tbv), offering a rarely available amount of outside space in central Brighton.

The properties spacious design, fabulous rear garden and potential must be viewed, by appointment only, to be fully appreciated.

**vendor provided dimensions subject to verification**

General Information

The seller has advised that the property comes with a 50% share in the freehold, and service charges/maintenance is arranged on an as and when shared cost basis. Please enquire for further details.

Lease Information

Leasehold / Share of freehold explained :

When properties (in this case houses) split into two or more separate addresses, the original council (Brighton) recorded a term of lease. One or two hundred years, for example.

Later, a lot of properties purchased the freehold for the building. Most are shared equally between the individual residences in one building, from two to several. Typically 50%, 33.3%, 25% or 20% share of freehold. 27 and 27 A (basement) Argyle Road both own 50% equally. There are no 3rd party owners.

It is common place for a property to be both Leasehold and Freehold. In the case of 27 Argyle Road it is both Leasehold (to be extended to 999 years on completion of the next time it is sold, at no cost to the new buyer) and 50% share of Freehold.

The current occupier/seller has lived in the same property for approximately 20 years and has seen the basement property (27 A) sold many times without fuss or expense to themselves. In doing so, a reliable history has been set.

Both 27 and 27 A share the cost of roof repairs and sewage outside the building. Occasionally, the front of the property is painted. Apart from that, both properties are separately insured, with separate bills for water, gas, electricity and council tax. There are no other/hidden expenses. For the last 20 years there has not been a service charge or ‘kitty’ to pay into. Bills are paid as and when. It is possible to set up a ‘kitty’ if you chose to.

Property Ownership Information

Tenure

Leasehold

Council Tax Band

B

Annual Ground Rent

No ground rent

Ground Rent Review Period

No review period

Annual Service Charge

No service charge

Service Charge Review Period

No review period

Lease End Date

25/03/2087

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.