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    Established in 1921 as an independent practice of Estate Agents, Chartered Surveyors & Auctioneers, and at our address in the heart of Southsea Town Centre since 1965, Nesbit & Co are very much a recognised and trusted name in Estate Agency.


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    We have carved out a strong reputation among our competitors, based upon the highest standards of service, true professionalism, and a tenacious attitude to our clients' interests - qualities which, when combined with deep local knowledge and a level of experience second to none (Robin Evans, our Head of Residential Sales, having been with the firm since 1973), allow us to stand out from the field.

    Operating throughout Portsmouth and the immediate surrounds, Nesbit & Co handle the sale of all types of residential property. As well as conventional marketing, we are uniquely placed to offer clients the often desirable option of sale by Public Auction through the city's only Property Auction Saleroom. Probate sales are a speciality. Our associated Antique & Fine Art Division can assist with the valuation and disposal of chattels, ranging from single items to entire house contents.

    For all your property needs, choose a name you can rely on - Nesbit & Co.

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Selling
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    Guide to selling
    First impressions are all important when selling your property, particularly in difficult market conditions where you may have similar properties for sale near you. One of the most important things you can do to make your property more desirable is to present it in the best way you can.
    Here are a few suggestions:
    • First impressions are important - try to arrange your home to be inviting and uncluttered for viewing purposes.
    • A fresh coat of paint makes walls appear lighter and rooms bigger.
    • Keep your garden tidy and add some colour with seasonal flowers.
    • Try to create a lifestyle statement that will impress visitors.
    • Decide what fixtures and fittings will remain with the property, and any other items you might consider selling to a purchaser.
    • Decide on a solicitor or legal conveyancer.
    • Who holds your deeds? Inform your building society/bank if you have a mortgage- they may hold the deeds.
    • Cash buyers are ideal - yes, there are some around.
    • Buyers who have sold, and keen to move, are in a strong position. Buyers whose properties are on the market ,and not sold, will inevitably create a chain reaction.
    We will guide you upon offers received, but you should
    select a buyer most likely to proceed.
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Buying
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     Guide to Buying If you have registered with us we will contact you regarding new properties as soon as they become available, by e-mail, post or telephone. You may prefer to browse our website at leisure ,this will feature interior photographs, full property particulars (some have floor plans), and a local map. You can request to view any property either online or by telephoning us on 023 92 864321. After you have viewed we will contact you again to discuss your thoughts and give this feedback to the vendor.
    • Decide in general terms what you are looking for and your minimum requirements.
    • The ideal property is rarely available. Consider properties that can be adapted to your requirements.
    • Property purchase is a major expense. Take a builder's advice about repairs, alterations, inprovements, and extensions.
    • Consider the advantage of an independent surveyor's report. If you are buying with assistance of a mortgage, then there will be a valuation report which may identify building problems requiring attention.
    • If you decide that you would like to place an offer on a property, we will discuss this with you and the seller. We would need to know what your purchasing position is, for example, do you need to sell a property before purchasing, are you sold subject to contract, if so, what is the chain involved (if any) ,are you an investor or first time buyer, do you need a mortgage? We will then check those details. Once a sale has been agreed we will need your solicitor's details and we will confirm the sale in writing to all parties.
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Lease extentions
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    Residential Flats - Lease Extensions

    A feature of many developments in a crowded city like Portsmouth and Southsea has been the growth in the number of purpose built flats, or conversion of larger houses into smaller flats, and sold on long leasehold terms.

    It is not readily appreciated however that the ownership of a long leasehold flat is a diminishing asset. The lease becomes less valuable the fewer years that remain unexpired.

    The law, however, provides that the leaseholder has a right to extend their lease, if the flat has been owned for more than two years. Legislation provides that the lease is extended by 90 years added to the unexpired term of the existing lease, at a "peppercorn" rent - i.e., no ground rents are payable.

    The freeholder is entitled to payment for the lease extension, based on a technical valuation in accordance with the relevant legislation.

    A leaseholder has a choice to negotiate a lease extension by seeking to reach agreement. If no agreement is reached, then the leaseholder can make a formal application by serving a statutory Notice on the freeholder.

    It is important to note at the outset that however terms are agreed, the leaseholder is responsible for paying the freeholder's reasonable legal costs and their surveyor's fee, as well as their own costs for dealing with the matter.

    Many building societies and mortgage lenders will not lend on the security of a flat where the unexpired term is less than 80 years, so check your lease!

    These notes are intended only as an initial guide. If you are a freeholder or leaseholder, you should always take legal and expert valuation advice.

    D M Nesbit & Company have been involved with the development and sale of flats since the 1960's and have considerable experience in dealing with these matters and welcome your enquiry.


    Prepared by David M Nesbit FRICS
    Chartered Surveyor & RICS Registered Valuer

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    Our clients comments

    Testimonials from Buyers

    • Buyer Testimonial

      "Just to say a big thank you for all of your hard work and help in the sale of St Helen''s Close"
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    Disclaimer

    The content on this Microsite has been uploaded by D. M. Nesbit & Company, Southsea. Rightmove Group Limited makes no warranty as to the accuracy or completeness of the content, any queries should be sent directly to D. M. Nesbit & Company, Southsea. Where properties are displayed on a page, this comprises a property advertisement. Rightmove Group Limited who operate the website 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. These property advertisements do not constitute property particulars. The information is provided and maintained by D. M. Nesbit & Company, Southsea. Please contact the agent 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 and if you have any query over the content.

    *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 D. M. Nesbit & Company, Southsea on 02392 864321.