1 bedroom apartment for saleSt. Georges House, Woodside Road, Portswood, Southampton, Hampshire, SO17 2GZ
Sold STC £85,000
- Purpose Built One Bed First Floor Apartment
- In Excellent Decorative Condition Throughout
- An Ideal Investment Or Residential Purchase
To be sold by Public Auction on 8th December 2016 at The Macdonald Botley Park Hotel, Winchester Road, Boorley Green, Southampton, SO32 2UA
Mondays & Wednesdays 2:15pm - 2:45pm starting 21st November.
OPEN HOUSE VIEWINGS! Staff will automatically be at the property on the days and times above. Please ensure you arrive promptly at the start time as staff will have to leave sharply at the end of the viewing.
FULL ADDRESS: Flat 3 St Georges House, Woodside Road, SO17 2GZ
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FOR A FULL LIST OF OUR PROPERTIES, PLEASE VISIT OUR WEBSITE WWW.FOXANDSONSAUCTIONS.CO.UK
Purpose Built One Bed First Floor Apartment
In Excellent Decorative Condition Throughout
An Ideal Investment Or Residential Purchase
Tenure:Leasehold with Vacant Possession
Location:The flat is located in Woodside Road, within close proximity of Portswood High Street which offers an excellent selection of local shopping, leisure and dining facilities. A more comprehensive array of facilities can be found in Southampton City Centre which is only a short drive away. The area is popular for both professional and student lets.
Description:This first floor apartment is offered in excellent decorative condition throughout to include a modern fitted kitchen and bathroom suite, together with the benefits of UPVC double glazing and gas central heating. The property is offered with 140 years remaining on the lease and has been used for buy to let purposes by the current owner. The current estimated rent for the property is approximately £575 pcm - £600 pcm giving a gross yield of 8% - 8.5% based on the guide price. This property would make an attractive addition to a Landlords portfolio or first time buy to let acquisition.
Accommodation:GROUND FLOOR: Communal Entrance Door to Communal Entrance Hall with Stairs to all Floors.
FIRST FLOOR: Front Door into Lounge/Dining Room, Kitchen, Double Bedroom, Bathroom.
Lease Details:The Lease is dated 17th June 2013 for a term of 189 years commencing from 24th June 1967.
Agents Note:The current tenant has given notice to vacate the property on 26th November 2016.
IMPORTANT NOTICE: The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if
appropriate the auctioneers may adjust the guide price to reflect this.
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Fox & Sons, Southampton Auctions on 02380 338066.
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