An attractive first floor flat, with sea views from the balcony and situated in the heart of Brighton's famous Lanes area is coming up for auction this month as an investment property.

It is among lots in the auction being held on Wednesday 22nd March in the city by Britain’s largest independent regional land and property auctioneer, Clive Emson Auctioneers.

Flat 1 at 69-70 East Street has a leasehold guide price of £175,000 to £180,000 on the remainder of a 125-year lease from 1993 and is currently let at £8,580 per annum

Auctioneer Richard Payne said: “This is a fantastic opportunity to acquire an attractive one bedroom flat with the seafront and Brighton Pier at the end of the road and shops, restaurants, amenities, the station and universities just a short distance away.

“The flat is considered ideal for continued investment or, once vacant, for owner occupation.”

A well-presented studio flat on the second floor of a converted block in the popular Hanover area of Brighton at 4 Toronto Terrace has a leasehold guide price of £100,000 plus on the remainder of a 189-year lease from 1989.

Director and Senior Auction Valuer Sam Kinloch said: “The property, now vacant, was previously let at £7,200 per annum to provide a good income and would suit a new investor or an owner-occupier.”

A mostly square parcel of 13.8 acres of paddock land east of Chestnut Stables, off London Road, Pyecombe, at the heart of South Downs National Park, has a freehold guide price of £90,000 to £95,000.

It is currently let for equestrian use at £3,827.50 per annum, but suitable for a variety of uses, subject to necessary consents being obtainable.

Also in the national park is seven vacant acres of pastureland south of South Hill Barn, Pyecombe, which has a freehold price guide of £55,000 to £60,000 and is currently fenced off into grazing portions.

Land with potential situated in the heart of the South Downs National Park near Worthing is also coming up for auction.

Offered freehold with vacant possession, the land and buildings at Patching Farm, The Street, Patching, has a guide price of £140,000 plus.

Auctioneer Richard Payne said: “The land was formerly the site of Patching Farm, which was destroyed after the Second World War and now houses four silos and an engine house.

“The 0.99 acre site has potential for a variety of uses, subject necessary consents being obtainable.”

A two bedroom purpose built flat situated in a predominantly residential area, 2 Court Flats in Brougham Road, Worthing, is conveniently located just over one mile from the town centre and railway station.

Offered jointly with Russell Ponsford Estate Agents, the first floor flat has a leasehold guide price of £120,000 to £125,000.

Sam Kinloch said: “Currently let at £7,800 per annum, the property is suitable for continued investment or owner occupation once vacant.”

A mixed-use residential and commercial property investment opportunity in Eastbourne has become available.

A shop and first floor flat at 87 Cavendish Place, currently let at £12,400 per annum, has a freehold guide price of £150,000 to £155,000

Senior Auction Valuer Emma Attrell said: “Located in a mixed residential and commercial area, the property is situated along a busy thoroughfare within close proximity of the Arndale Shopping Centre, Eastbourne town centre and seafront.

“Investors are increasingly looking towards the commercial marker to bolster their portfolios and this solidly-tenanted mixed-use property would be an ideal addition.”

The building is currently arranged as a ground floor shop, which is let on a 12-year lease from March 2006 at £5,500 per annum.

The two bedroom flat on the first floor has separate street access, double glazed windows and gas heating system. It has been let on an assured shorthold tenancy agreement to the same tenant since 2005 at £575 per calendar month.

A two-bedroom, detached holiday chalet at Camber Sands Holiday Park is coming up for auction.

The well presented chalet K80 includes an open plan living/dining room, kitchen, two bedrooms and shower room with WC.

Senior Auction Valuer Emma Attrell said: “The property has been extended to create more generous accommodation. It was previously let for holiday use and considered ideal for continued investment or as a holiday home.”

It is being offered with a leasehold guide price of £8,000 to £8,500 on the remainder of a 50-year lease from May 2014 and with vacant possession.

Clive Emson sold land and property worth £15 million at its February sale, cataloguing 118 lots and achieved a sale rate of over 80%.

Managing Director James Emson said: “February’s sale went incredibly well, with packed salerooms and fierce bidding wars on many lots.

“We continue to see strong demand for commercial premises, particularly as investment buys, as well as developers seeing future potential in land and snapping up strategic plots. Our commercial year has started in a particularly positive manner and we look forward to the March sale.”

Clive Emson holds eight rounds of auctions each year at five locations from Essex to Cornwall on consecutive days, this time with 148 lots.

The second round of Clive Emson’s 2017 regional Sussex and Surrey auctions is at the Brighton Metropole on Wednesday, March 22 at 11am.

The firm stages an online auction, complementing the existing live auctions. See www.cliveemson.co.uk/online for details.