Spencer Road, Eastbourne

Property Details: • Type: House • Tenure: FREEHOLD • Floor Area: N/A

Key Features: • Detached Residential Freehold • Arranged as 4 x self-contained flats • 3 x 2 bedroom flats To Be Sold With Vacant Possession • Lower Ground Floor Flat Sold Off On Long Lease • Close To Eastbourne Station • Communal Rear Garden

Location: • Nearest Station: Eastbourne Station • Distance to Station: 0.2928513399025513 miles

Agent Information: • Address: 37 Vernon Terrace, Brighton, BN1 3JH

Full Description: Detached Residential Freehold Arranged As 4 x Self-Contained Flats<br /><br />Detached Residential Freehold Arranged As 4 x Self-Contained Flats<br /><br /><b>Description</b> - A unique opportunity to purchase this prestigious detached residential freehold property. The accommodation is configured over 4 main floors, including lower ground, ground, first and second floors, arranged as 4 self-contained flats. Please note, the lower ground floor flat is sold off on a 90 year long lease. The ground, first and second floor flats are deceptively large and will be sold with vacant possession. The property also benefits from a good sized shared communal rear garden between flats 1, 2 and 3.<br /><br /><b>Situation</b> - The property is located in Spencer Road, close to the Memorial Roundabout and within Eastbourne’s immediate town centre. Numerous amenities are close by including The Beacon shopping centre, various cafes and restaurants and the famous Devonshire Park, home to the Lexus Eastbourne Open tennis tournament. The mainline railway station, with direct links to London and Brighton, is within walking distance, as is the seafront.<br /><br /><b>Accommodation</b> - The property has the following approximate Gross internal floor areas: <br /><br />Lower Ground <br />Ground 116.72sqm <br />First 107.32sqm<br />Second 96.49sqm<br /><br />Total320.53sqm<br /><br /><b>Epc's</b> - Lower Ground- D<br />Flat 1 - D<br />Flat 2 - D<br />Flat 3 - C<br /><br /><b>Council Tax</b> - Lower Ground- B<br />Flat 1 - D<br />Flat 2 - C<br />Flat 3 - C<br /><br /><b>Tenancies</b> - Lower Ground - Sold off on a long lease for a term of 90 years from November 1977. Current ground rent is £50pa, increasing on each 30th anniversary of the term up to £100pa. <br />Flat 1 - N/A & To be sold with vacant possession<br />Flat 2 - N/A & To be sold with vacant possession<br />Flat 3 - N/A & To be sold with vacant possession<br /><br /><b>Vat & Legal Fees</b> - We understand the property is not elected for VAT. Each party to bear their own legal costs incurred<br /><br />