1 bed Flat For Sale £90,000
Shirley Road, Southampton SO15

Guide Price £90,000 Plus Fees
For sale by unconditional online auction, registration is now open. Bidding opens on 30/05/2024 10:00 and ends on 30/05/2024 12:35.

For sale by online auction on 30 May 2024
Bidding opens at 10:00am and closes from 12:00 noon
Apartment
1 bedroom
1 reception room
Parking
Ideal BTL Investment
£9,000 per annum (10% yield of guide price)

Town & Country Property Auctions are pleased to present this lovely one bedroom apartment, with good links to the town centre, with parking to the block and AVAILABLE NOW.
The accommodation comprises: hallway, kitchen, large living room, contemporary bathroom, large double bedroom with built-in wardrobes. The property is currently tenanted at £750pcm /£9,000 per annum (10% yield of guide price) , the tenant is on a rolling AST contract.

Note: The photos were taken prior to the current tenant moving in.

Leasehold Information:
Length of lease: 99 years from 25 March 1987 (circa 63 years remaining).
For ground rent and service charge please refer to the legal pack.

Disclaimer:
Material information will be provided within the legal pack - to download this register your interest at tcpa.co.uk.

Tenure
Leasehold

Terms

Legal Pack

To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk

UNCONDITIONAL LOT Exchange and administration fee information: (plus fees)
Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1200 + VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.

Registration Process
To register to bid on the property, find the property on the Town & Country Property Auctions website. Click onto the property, follow the link to “Log in/ register to bid”. You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group.