2 bed Flat For Sale £140,000
To be sold by public auction (at a date to be confirmed) unless sold previously.
Guide price: £140,000+
cash offers are invited, prior to Auction, for this speculative freehold opportunity of particular interest to investors: A well-situated vacant Upper Flat benefitting from private garage and garden, useful loft room and delightful rear outlook; now requiring general modernisation. Northern Parade runs from Twyford Avenue to London Road (just south of Hilsea Roundabout), No.105 being on the west side diagonally opposite the junction with Kipling Road (King's Academy), with the open space of Alexandra Park immediately behind. This is a pleasant and popular residential address enjoying ready access in and out of the city and convenient to a wide range of public amenities. Dating from the 1930s, and comprising two purpose-built apartments, the property itself has brick and rendered elevations under a slate roof, the facade incorporating bold semi-circular bay windows. It stands behind a walled forecourt, whilst to the rear is a private garden for each of the two units together with the considerable asset of a single garage for the Upper Flat. The now vacant upper unit is, as stated, in need of a comprehensive programme of refurbishment (although benefitting from gas fired central heating as well as replacement double-glazing), presenting now a blank canvas for, in the main, investment buyers, or perhaps a keen owner-occupier. The projected rental value, once improved, is seen as around £1,000 p.c.m. The sale includes the Ground Rent income from the Lower Flat (103) which has been sold on A long lease. Full particulars are given as follows and early enquiry is urged:
Private front door to:
Ground floor lobby
Double panel radiator. Stairs to first floor.
First floor
spacious landing
Textured Artex ceiling with access, via hatch and folding wooden ladder, to Loft Room. Built-in cupboard housing 'Worcester' gas fired central heating and hot water boiler together with circuit breakers and electricity meter. Multi-pane glazed door with secondary staircase beyond leading to garden and garage.
Bathroom & W.C. - 3.18m x 1.55m (10'5" x 5'1")
White suite comprising: Panelled bath with independent shower mixer, handbasin with mixer tap, low flush w.c. Double panel radiator. UPVC replacement obscure double-glazed window. Multi-pane glazed door from landing.
Kitchen - 3.56m x 2.69m (11'8" x 8'10")
Fitted base and wall cupboards, work surfaces, inset sink with mixer tap. Gas cooker point. UPVC replacement double-glazed window to rear elevation granting outlook across Alexandra Park.
Bedroom one - 4.47m x 3.48m (14'8" x 11'5")
Semi-circular bay window to front elevation having UPVC replacement double-glazing. Double panel radiator. Multi-pane glazed door from Landing.
Bedroom two - 3.18m x 2.54m (10'5" x 8'4")
UPVC replacement double-glazed window to front elevation. Double panel radiator. Multi-pane glazed door from Landing.
Living room - 5.41m x 3.33m (17'9" x 10'11")
Square bay window to rear elevation having UPVC replacement double-glazing and granting outlook across Alexandra Park. 1 double and 1 single panel radiator. Fireplace. Multi-pane glazed door from Landing.
Loft room - 4.09m x 3.4m (13'5" x 11'2")
Part-sloping ceiling with roof windows to the side and rear.
Outside
rear: Depth: 26'8 (8.13m) to garage. Width: 10'1 (3.07m) Private garden, laid to paving with walled surround. Access from the flat via a rear interior staircase.
Garage - 4.88m x 2.51m (16'0" x 8'3")
Automatic roller-shutter door. Access via vehicular Right of Way to rear and side of the property.
Council tax
Band 'B' - £1,464.05 per annum (2022-23).
EPC 'D'
103 northern parade
This, the Ground Floor Flat, has been sold on a long lease for a term of years from , at a current Ground Rent of £ p.a.
Viewing
By appointment with auctioneers,
D. M. Nesbit & co.
(17666/043263)
Guide price: £140,000+
cash offers are invited, prior to Auction, for this speculative freehold opportunity of particular interest to investors: A well-situated vacant Upper Flat benefitting from private garage and garden, useful loft room and delightful rear outlook; now requiring general modernisation. Northern Parade runs from Twyford Avenue to London Road (just south of Hilsea Roundabout), No.105 being on the west side diagonally opposite the junction with Kipling Road (King's Academy), with the open space of Alexandra Park immediately behind. This is a pleasant and popular residential address enjoying ready access in and out of the city and convenient to a wide range of public amenities. Dating from the 1930s, and comprising two purpose-built apartments, the property itself has brick and rendered elevations under a slate roof, the facade incorporating bold semi-circular bay windows. It stands behind a walled forecourt, whilst to the rear is a private garden for each of the two units together with the considerable asset of a single garage for the Upper Flat. The now vacant upper unit is, as stated, in need of a comprehensive programme of refurbishment (although benefitting from gas fired central heating as well as replacement double-glazing), presenting now a blank canvas for, in the main, investment buyers, or perhaps a keen owner-occupier. The projected rental value, once improved, is seen as around £1,000 p.c.m. The sale includes the Ground Rent income from the Lower Flat (103) which has been sold on A long lease. Full particulars are given as follows and early enquiry is urged:
Private front door to:
Ground floor lobby
Double panel radiator. Stairs to first floor.
First floor
spacious landing
Textured Artex ceiling with access, via hatch and folding wooden ladder, to Loft Room. Built-in cupboard housing 'Worcester' gas fired central heating and hot water boiler together with circuit breakers and electricity meter. Multi-pane glazed door with secondary staircase beyond leading to garden and garage.
Bathroom & W.C. - 3.18m x 1.55m (10'5" x 5'1")
White suite comprising: Panelled bath with independent shower mixer, handbasin with mixer tap, low flush w.c. Double panel radiator. UPVC replacement obscure double-glazed window. Multi-pane glazed door from landing.
Kitchen - 3.56m x 2.69m (11'8" x 8'10")
Fitted base and wall cupboards, work surfaces, inset sink with mixer tap. Gas cooker point. UPVC replacement double-glazed window to rear elevation granting outlook across Alexandra Park.
Bedroom one - 4.47m x 3.48m (14'8" x 11'5")
Semi-circular bay window to front elevation having UPVC replacement double-glazing. Double panel radiator. Multi-pane glazed door from Landing.
Bedroom two - 3.18m x 2.54m (10'5" x 8'4")
UPVC replacement double-glazed window to front elevation. Double panel radiator. Multi-pane glazed door from Landing.
Living room - 5.41m x 3.33m (17'9" x 10'11")
Square bay window to rear elevation having UPVC replacement double-glazing and granting outlook across Alexandra Park. 1 double and 1 single panel radiator. Fireplace. Multi-pane glazed door from Landing.
Loft room - 4.09m x 3.4m (13'5" x 11'2")
Part-sloping ceiling with roof windows to the side and rear.
Outside
rear: Depth: 26'8 (8.13m) to garage. Width: 10'1 (3.07m) Private garden, laid to paving with walled surround. Access from the flat via a rear interior staircase.
Garage - 4.88m x 2.51m (16'0" x 8'3")
Automatic roller-shutter door. Access via vehicular Right of Way to rear and side of the property.
Council tax
Band 'B' - £1,464.05 per annum (2022-23).
EPC 'D'
103 northern parade
This, the Ground Floor Flat, has been sold on a long lease for a term of years from , at a current Ground Rent of £ p.a.
Viewing
By appointment with auctioneers,
D. M. Nesbit & co.
(17666/043263)
