For sale by online auction - 6 weeks’ completion - A second floor 2 bedroom flat requiring only minor refurbishment, located in a popular residential area close to the city centre. Ideal for rental investment.
Auction Date
To be sold by online auction on Friday 28th October 2022, bidding will open at 10.00.
To View
A virtual tour is available, please visit our website to book an appointment at the following times: * Tuesday 11 October at 12.30 * Thursday 13 October at 12.30 * Tuesday 18 October at 12.30 * Thursday 20 October at 12.30 * Tuesday 25 October at 12.30 * Thursday 27 October at 12.30
Registraiton
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.
Location
* Close to city centre and port * Good access to local shops and amenities* Mainline rail service from Fratton and Portsmouth & Southsea stations * M275 access via A3
Description
* Second floor flat * 2 bedrooms * Requires only minor refurbishment * Good investment potential
Accommodation
Comprises:
Ground Floor
Stairs to:
Second Floor
Entrance hall, living room/diner, kitchen, 2 bedrooms, bathroom.
Outside
Balcony and storage, shed.
EPC Rating
D
Tenure
Leasehold with vacant possession.
Lease
125 years from 6th February 1989 - 91 years remaining.
Ground Rent And Service Charge
Please see legal pack for further details.
Council Tax Band
A - Portsmouth City
Legal Pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendor’s solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor.
Guide Prices
Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.
Additional Fees
A buyers charge of £1,200 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.