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Taswell Road, Southsea

PROPERTY TYPE

Semi-Detached

BEDROOMS

7

BATHROOMS

3

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

Key features

  • HMO Potential - Not Used as a HMO and this would be subject to necessary Planning/Licensing
  • Self-contained one-bedroom apartment to the rear
  • Two shower rooms and two separate WC facilities within the main building
  • Six bedsits each with individual kitchenettes
  • Offered for sale by the Method of Modern Auction (T&C's Apply)
  • In need of complete refurbishment and modernisation throughout
  • Excellent investment potential (subject to licensing and planning)
  • Potential to be reinstated as a large family home
  • Enclosed rear garden
  • No forward chain

Description

PROPERTY DESCRIPTION An exciting opportunity to acquire this substantial semi-detached property, offered for sale by the Method of Modern Auction, situated in the highly sought-after location of Taswell Road, Southsea. The property comprises six individual bedsits, each with its own kitchenette, along with a self-contained one-bedroom apartment located to the rear.

The property is currently arranged as six individual bedsits, each with its own kitchenette, along with a separate self-contained one-bedroom apartment. The main building further benefits from two shower rooms and two separate toilet facilities. This versatile layout presents a unique opportunity for investors seeking a potential income-generating asset (subject to the necessary licensing and planning permissions).

Externally, the property benefits from a rear garden, offering additional space and further scope for enhancement.

Requiring complete refurbishment and modernisation throughout, the property offers excellent potential to be transformed into a high-yield investment or alternatively restored to an impressive and substantial family home.

Offered with no forward chain, this is a rare opportunity to secure a property with significant scope in a prime Southsea location.

Early interest is highly recommended. 

HMRC COMPLIANCE All sellers and buyers will be required to complete online identity checks provided by MoveButler. The cost of these checks is £60 inc. VAT per person which is paid in advance, directly to MoveButler. This charge verifies your identity in line with our obligations as agreed with HMRC. 

AUCTIONEERS COMMENTS This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties' personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team. The buyer signs a Reservation Agreement and makes payment of a Non- Refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional. 

Brochures

Sales Brochure - ...A3 Landscape Wind...
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.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Taswell Road, Southsea

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About Martin & Co, Portsmouth

4 Grove Road South Southsea Portsmouth PO5 3QT
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1

Martin & Co Portsmouth have become one of the leading Letting agents in the Portsmouth area, with a high commitment to compliance and first class customer service, along with our in-house property management department. We launched our Sales department in 2015 and now offer an unrivalled service not only to our landlords, but also to sellers, buyers and property investors. Our experienced staff between them have a combined over 50 years dealing with property. Whether a landlord, tenant, buyer, seller or and/or an investor, our customers can tailor our Lettings and Estate Agency packages to suit their needs.

Our office is located on Grove Road South in Southsea, just opposite St Jude's church.

We have all the necessary legislation and expertise to provide a one stop shop for sellers & landlords, and can advise on all aspects of the process for those who might be unfamiliar with the sales or lettings procedure. We are members UKALA and the Property Ombudsman. We pride ourselves on the quality of service we provide to our clients.

For more information on letting or selling your house or flat, or for enquiries on properties to rent or buy in the area please call us.

Affordability

Monthly repayments£1,856
Property: £ 370,000
Deposit: £ 37,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference 100667005577. 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 Martin & Co, Portsmouth. 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 Martin & Co, Portsmouth on 0238 144 9908.

*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.”

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