Saltdean chalet bungalow sold at auction

Two-bedroom 52 Arundel Drive East, Saltdean, was among 180 lots in the latest auction held by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers.

It was sold for £440,000 freehold after strong bidding at the firm’s auction which ended on Wednesday 20 September.

Senior Auction Appraiser and Auctioneer Richard Payne said: “This ideal opportunity to acquire a detached chalet bungalow arranged over two floors, providing light and spacious accommodation in need of updating proved too good to miss.

“We considered that this bungalow had the potential for redevelopment or extension, subject to all necessary consents being obtainable, and strong early interest translated into competitive bidding.”

Arundel Drive East is situated in East Saltdean, overlooking the Saltdean Oval Park close to shopping facilities and all local amenities, including the well-known Saltdean Lido.

The sea front is easily accessible with its recreational facilities and there are excellent road links via the A259 to Brighton, Lewes and all surrounding areas.

l A lock-up garage just off Hove seafront sparked a bidding war before it was sold for £44,000 – more than twice the freehold guide price – as an investment.

The garage, situated in the northern row at the west end of a compound rear of Princes Avenue, is currently let on a licence at £1,140 per annum.

The compound is located between Kingsway and Princes Avenue with vehicular access from the rear of Viceroy Lodge, just off Hove Street and additional access between 2 and 2B Princes Avenue.

Richard added: “In a city where parking is generally at a premium, a rarely available lock-up garage was sure to attract strong interest – and this proved to be the case.

“Anyone thinking of disposing of a similar property might wish to come to market now.”

Clive Emson Auctioneers holds auctions eight times a year offering specialist advice for auction purposes with offices in Essex, Kent, Sussex, Hampshire and the West Country, selling with skill, speed and efficiency.

The next auction, the seventh of eight this year, goes live on Monday 30 October and ends on Wednesday, 1 November. Deadline for entries is 9 October.

See https://www.cliveemson.co.uk/ for more details.