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Block of Apartments for sale

Fratton Road, Fratton

Guide Price* £210,000

Property Description

Key features

  • SALE BY AUCTION
  • FREEHOLD SITE

Full description

Tenure: Freehold

Sale by Auction: Held at the Hilton Hotel, Ageas Bowl Cricket Ground, West End, Southampton SO30 3XH on Wednesday 8th February 2017 commencing at 11am.

This is a rare opportunity to acquire an affordable Freehold site in the city which offers an interesting mix of investments. The Freehold includes the ground rents of the 9 leasehold apartments plus planning consent (13/01040/FUL and see appeal decision) to build 2 further apartments in the roof space and an extensive area of land (approx 3,500 sqft - see Floorplan) to the rear which could be suitable to develop as more flats or offices (subject to approved planning consent).

Listing History

Added on Rightmove:
10 November 2016

Map & Street View

Disclaimer - Property reference PSSCC_466896. 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 Pearsons, Southsea. 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.

*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 Pearsons, Southsea on 02392 735558.


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