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Francis Avenue, Southsea PO4 0AJ

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Floorplan 1
1

Description

OFFERS INVITED PRIOR AUCTION (date to be confirmed).
GUIDE PRICE: £240,000-£260,000.
Of interest to investors and others - we invite IMMEDIATE CASH OFFERS (on strict Auction terms) for this well-situated and very keenly guided THREE BEDROOM VACANT EX-RENTAL PROPERTY with gas central heating, replacement double-glazing, and westerly garden; having a projected return of around £1,500 p.c.m. (equivalent to a gross annual yield of 7.25% approx). Francis Avenue runs from Albert Road to Goldsmith Avenue, No. 213 being on the west side, a short distance from the junction with Manners Road, and directly opposite Fernhurst Junior School. The convenient and popular residential address places a wide range of public amenities within a radius of some one mile only, including: Southsea Town Centre and Seafront, main-line station, local shops and eateries, recreation facilities, and University Campus. Built in 1897, this inner-terrace character house has brick elevations under a modern, tiled roof, the facade incorporating recessed porch and single bay window. It stands behind a shallow forecourt, whilst to the rear is a 35ft garden enjoying a westerly aspect. The property is presented in reasonable condition but would now reward an element of refurbishment. It was acquired by our Clients as an HMO. In 2021 (appearing on Portsmouth City Council's HMO database as at April 2017), but has not been let since, any previous licencing having lapsed. It is being sold now "as is", with interested parties being advised to make their own enquiries in respect of any future letting (possible shared occupancy requiring C4 planning consent, which is NOT in place at present). Full particulars of this potentially lucrative opportunity are given as follows:

RECESSED PORCH

With UPVC front door to:

'L'-SHAPED ENTRANCE HALL

Part-coved ceiling with feature arch. Staircase to first floor having turned-wood balustrade together with cupboards under housing gas and electricity meters and circuit breakers. Single panel radiator. Part coloured-glass door to:

SIDE PORCH

Access to rear garden.

CLOAKROOM & W.C. OFF

Low flush w.c., handbasin. 

LIVING ROOM - 4.7m x 3.4m (15'5" x 11'2")

Coved ceiling. Splay bay window to front elevation having UPVC replacement double-glazing. Period-style fire surround to cast-iron grate. Single panel radiator.

CENTRAL KITCHEN - 3.61m x 3m (11'10" x 9'10")

Range of fitted base and wall cupboards, work surfaces with tiled surround, single drainer stainless steel inset sink with mixer tap. Gas cooker point. Plumbing for washing machine. 'Worcester' gas fired central heating and hot water boiler. Single panel radiator. UPVC replacement double-glazed window to side elevation. Door to:

DINING ROOM - 4.7m x 3m (15'5" x 9'10")

Splay bay window to rear elevation having UPVC replacement double-glazing together with a pair French doors to garden. Fire surround. Single panel radiator.

FIRST FLOOR

LANDING

Access to Loft Space.

SHOWER ROOM & W.C.

Contemporary white suite comprising: pedestal handbasin, low flush w.c., and corner shower cubicle with 'Bristan' mixer. Single panel radiator. Tiled floor. Extractor. UPVC replacement obscure double-glazed window to rear elevation

BEDROOM ONE - 4.29m x 3.91m (14'1" x 12'10")

Pair of UPVC replacement double-glazed windows to front elevation. Single panel radiator.

BEDROOM TWO - 3.91m x 3m (12'10" x 9'10")

UPVC replacement double-glazed window to rear elevation. Single panel radiator.

BEDROOM THREE - 3.71m x 2.11m (12'2" x 6'11")

UPVC replacement double-glazed window to side elevation. Single panel radiator.

OUTSIDE

FRONT:  Shallow forecourt.
REAR: Depth: 34'8 (10.57m)  Width: 13'6 (4.11m) Generous garden with westerly aspect; laid to shingle with walled, fenced, and hedged surround; water tap.

COUNCIL TAX

Band 'C' - £1,938.59 per annum (2025-26)

EPC

Energy Rating 'D' (Floor Area 95 sq m approx).

VIEWING

By appointment with AUCTIONEERS & SOLE AGENTS,
D. M. NESBIT & CO.
(18041/055405)

AUCTION PROCESS

This Lot will NOT be offered in the Saleroom. Approaches, inspections & offers are invited from parties who are able and willing to purchase on Auction terms - immediate signature and exchange of contracts, payment of a 10% deposit plus Buyers Premium, and completion 28 days thereafter. Competing bidders will be given the opportunity to re-bid in the event of their offer being exceeded, terms finally being settled with the party lodging the highest offer (assuming acceptable to the Seller) and who meets the Auction rules of engagement.

ADDITIONAL AUCTION COSTS

A Buyer's Premium of £450 + V.A.T., will be payable by the purchaser to the Auctioneers. An Auction Legal Pack (including Contract of Sale and Special Conditions) will be prepared by the Seller's Solicitors and available for inspection. Bidders are advised to make themselves aware of the content of the Legal Pack, containing, as it will, information in respect of any other charges that may apply (Search Fees and/or Seller's legal costs for example).

Brochures

Brochure 1
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Ask agent
GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Francis Avenue, Southsea PO4 0AJ

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About Nesbits, Southsea

7 Clarendon Road, Southsea, PO5 2ED
Industry affiliations:

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, Nesbits are very much a recognised and trusted name in Estate Agency.

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Disclaimer - Property reference S1505620. 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 Nesbits, 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.

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 Nesbits, Southsea on 0238 214 8243.

*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.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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