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2 bedroom flat for sale

St. Pauls Road, Southsea, Hampshire, PO5 4AF

Guide Price* £120,000

Property Description

Key features

  • Long leasehold first floor purpose built flat
  • Investment

Full description

Tenure: Leasehold

For further details, Viewings, Auction catalogue and Legal Documents see www.a-r.co.uk or call 020 7703 4401

*Guide prices are an indication of the current level of the vendor's intention as to the reserve price (the figure below which the Auctioneer cannot sell the property). Guide prices are subject to change updates are available on the website www.a-r.co.uk or by telephoning the Auctioneers on 020 7703 4401. The sale price whether prior to or at the auction could well vary from and is generally expected to exceed the guide price depending upon market activity.AUCTION SALE - 14/12/2016

Long leasehold first floor purpose built flat

Location
Situated between Hampshire Terrace and Kings Road. Public transport includes Portsmouth and Southsea and Portsmouth Harbour railway stations. Shopping amenities are at Cascades Shopping Centre. Recreation facilities can be found at United Services Recreation Ground. Portsmouth Harbour is also within close proximity.

Accommodation
Two bedrooms, reception room, kitchen, bathroom/wc
The property benefits from double glazing

Tenancy
Let to First Wessex Housing Association on a lease agreement for a term of 5 years from 1/1/2012 at a rent of £450 per month

Tenure/Tenancy
Investment

Total Rent Reserved £5,400 per annum

Lease
Held on a lease for a term of 125 years from 17/4/1989 at a ground rent of £10 per annum.

REF - DS


Listing History

Added on Rightmove:
22 November 2016

Map & Street View

Disclaimer - Property reference 54799. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Andrews & Robertson, Camberwell -Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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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 Andrews & Robertson, Camberwell -Auctions on 020 7703 4401.


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