1 bed penthouse for sale

Norman Road, Hove BN3

*cash buyers only, Starting Bid £110,000*




Offered for sale at a guide price of £110,000, this characterful one-bedroom property on Norman Road presents an excellent opportunity for cash purchasers seeking a home or investment with plenty of potential.

The accommodation offers a comfortable living area, fitted kitchen, bathroom and a well-proportioned bedroom, together with useful storage throughout. A particular feature is the private balcony/outdoor space, providing an attractive area to sit outside and enjoy views across the surrounding rooftops.

The property is presented in an individual and homely style and offers purchasers plenty of scope to personalise the accommodation to their own taste.

Important: This property is available to cash buyers only due to the short remaining lease. Buyers are advised to satisfy themselves regarding the exact lease length, potential lease-extension costs and any associated charges prior to purchase.

Early viewing is recommended to appreciate the accommodation and opportunity available at this price point.



**Disclaimer**

Intending applicants will be asked to produce identification documentation for compliance purposes and we would ask for your co-operation in order that there will be no delay in completing the application process. Items shown in photographs are not included unless specifically mentioned in writing within the particulars. They may however be available by separate negotiation. All information, descriptions, dimensions and other particulars are given in good faith and are believed to be correct, but any intending renters, should not rely on them as statements or representations of facts, and must satisfy themselves by inspection or otherwise as to the correctness of each of them. Belvoir has not tested any services, equipment, fixtures and fittings included in the property so therefore no warranty can be given as to their condition or operation.

Auctioneers Additional Comments:

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.

These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this partiicular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

EPC rating: C.