Studio for sale

Flat 2, 7 Balcombe Road, Peacehaven, East Sussex BN10

For sale by auction on Thursday, 24 Apr 2025 at 2.30pm

Venue: Live Stream

Vacant - Ground Floor Studio Flat and car parking space

Leasehold ground floor flat within a purpose built block of apartments. Balcombe Road comprises a studio room, kitchen and shower room. From the title plan, there is an allocated parking space with the property.

Situation

The property is located within walking distance of the Meridian Centre with an array of shops and local amenities. Newhaven railway station is approximately 3.7 miles away.

Location Pin (What3Words): Befitting


Accommodation

Hall - 2.00 x 0.90

Shower Room - 2.00 x 1.70

Lounge/Bedroom - 6.15 x 2.90

Kitchen - 3.50 x 2.00

Total Floor Area - 30.84 sq.m.

Nb we draw your attention to the special conditions in the legal pack, referring to buyers premium of £1550 (inc VAT) and other charges in addition to the purchase price. Please ensure you read the special conditions thoroughly

Tenure

Leasehold - 99 year lease, from 25th March 1983 (approximately 57 years remaining)

Ground rent - £50, £100, £150 rising every 33 years

Council Tax - Band A

EPC Rating - D

Lot Type
Vacant Residential Flat For Improvement

Additional Fees
Administration Charge - Purchasers will be required to pay an Administration fee of 0.5% (inc VAT) of the sale price, subject to a minimum of £1,500 (£1,250 plus VAT)

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each 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.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.