Vacant auction lot for cash buyers and seasoned investors.
Direct sea views from the studio room
A compact third-floor studio with direct sea views on Brighton’s famous seafront. The flat is vacant and benefits from lift access, high ceilings and a prominent promenade position that suits short-term holiday or buy-to-let use for cash buyers.
Important lease and finance constraints limit this as a mortgageable purchase: approximately 48 years remain on the lease and ground rent steps up in the future. Mortgage lenders will likely refuse to lend, so this is best suited to cash purchasers or experienced investors able to manage lease extension costs and legal risks.
Practical features are basic: electric storage heating, double glazing (post-2002) and an EPC rating of D. Broadband speeds are very slow and the local area records very high crime levels, which will affect rental demand and resale; council tax is low (Band A). Buyers should review the auction legal pack and special conditions carefully before bidding.
Guide price is £85,000 and the lot is offered for sale by auction on 23 October 2025. The flat offers clear potential for renovation and short-term income but requires upfront capital, patience on lease issues and a clear plan for improving broadband and security concerns.
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