Home > Auctions > 20 October 2026 20 October 2026 - 9:00am > Lot 508

20 October 2026: Tuesday 20 October 2026 - 9:00am
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Floorplan

Property details

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    Key features

    • Interested Parties will be invited to place bids via a set deadline (12 noon Thursday 1 October). The sale will take place via an auction contract (please refer to the notes)
    • Residential Investment opportunity
    • Comprising 17x Studio flats and 1x One Bedroom flat
    • Central Brighton Location and close to the seafront
    • Current rent £187,074 per annum with 1 unit vacant
    • By order of the Fixed Charge Receivers

    Additional information

    Tenure

    Leasehold. Each unit is held on a 125 year lease from 29th September 2009

    Accommodation

    As per the Tenancy Schedule.

    Rent

    £187,068 per annum.

    Notes

    Bidding Process

    Potential purchasers will be invited to place bids via a set deadline (12 noon Thursday 1 October). These offers will then be considered by the client and best and final offers may be then be called. Should an offer meet the clients requirements a successful bidder will be selected and a sale will take place via an auction contract, which will be signed immediately along with receiving a 10% deposit. The property will be deemed as ‘sold prior to auction’.


    When submitting your offer please provide the following information:

    • Entity purchasing the property
    • Your Solicitors details
    • Certified ID and proof of address for the purchaser/s of the property
    • Proof of funds for a minimum of 10% of the offer put forward
    • Confirmation that you and or your solicitor have reviewed the legal pack
    • Confirmation that you can sign an auction contract, pay a 10% deposit straight away and complete within the time frames highlighted in the special conditions of sale.


    Please send all offers to Jeremy Lamb at jeremy.lamb@savills.com.


    The Vendor reserves the right not to accept the highest or any offer, withdraw the property from the market or to alter the method of sale at any time. The Vendor retains the right to accept an offer outside the bidding process if they deem that the offer meets their requirements.


    Please note, we have not internally inspected all flats and some accommodation and tenancy information is unavailable or has been gathered from a previous valuation. The Receivers’ inspection agents have accessed 17 units, and Savills has obtained floorplans and photos for Flats 10, 12, 17, and 20. Interested parties should rely on their own enquiries.


    Joint Agents:

    Vandermolen Real Estate

    Tom Kerins MRICS - Associate Director

    M: 07821 428084 | E: tk@vandermolenre.co.uk

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        Arrange a viewing

        Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

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        All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

        Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

        Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

        No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

        No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

        There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

        Savills is a trading name of Savills plc. Savills is committed to ensuring that your privacy is protected. This privacy policy explains how we use the information we collect about you, how you can instruct us if you prefer to limit the use of that information and procedures that we have in place to safeguard your privacy

        Accommodation / Tenancy Schedule

        Local information

        The property is situated in the popular Montpelier area of Brighton, close to the city centre and within easy reach of the seafront.

        The surrounding area offers a wide range of shops, cafés, restaurants and leisure facilities, with Western Road and Churchill Square nearby.

        Brighton railway station is approximately 1 mile away, providing regular services to London and surrounding areas, while numerous bus stops are also within easy walking distance.

        Transport

        National Rail - Brighton (Gatwick Express, Southern & Thameslink)

        Legal documents

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        EPC rating

        If no EPC rating appears please refer to the legal pack.

        Guide prices and common auction conditions

        •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

        •The reserve price is the minimum price at which the property can be sold.

        •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

        •Some properties might be open to offers prior to auction. Exchange will take place, subject to contract and no higher offers, on auction terms and as per the legal pack. Please contact the auctioneer with your best and final offer, their details can be found on each lot page.

        •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

        Please note that all prices listed, whether prior to or post auction, are subject to contract.

        The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

        The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

        Buying a property Common auction conditions Auction notices

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