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Cottage Grove, Southsea PO5 1EN

PROPERTY TYPE

Flat

BEDROOMS

1

BATHROOMS

1

SIZE

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

Description

TO BE SOLD BY PUBLIC AUCTION
TUESDAY 23rd JUNE (at The Queens Hotel, Southsea) UNLESS SOLD PRIOR
GUIDE PRICE: £70,000
Of interest to investors in particular: this well-situated VACANT ONE BEDROOM TOP (2nd) FLOOR FLAT CONVERSION is presented in fair condition and has a projected gross yield of around 13% (at £750 p.c.m.). An excellent, modestly priced addition to any portfolio. Cottage Grove runs from Green Road to St Andrews Road, No. 10 being on the south side opposite the junction with Milverton Close. This convenient position is some three-quarters of a mile only from Southsea Seafront, within comfortable reach of a wide range of public amenities, including: Portsmouth and Southsea town centres, historic Old Portsmouth, main-line stations, schools and university campus. 10c is one of four units forming a substantial, late-Victorian, inner-terrace character property having rendered facade with triple bay window under a tiled roof. Full details are given as follows:

Steps up to RECESSED PORCH having part-glazed main front door, with SECURITY ENTRY SYSTEM, to:

COMMON HALLWAY

Stairs to upper floors.

10C

ENTRANCE HALL

Coved, textured Artex ceiling having access to LOFT SPACE. With potential to develop, subject to freeholder consent and planning/building approval. Electric panel heater. Electricity meter.

BEDROOM - 3.18m x 2.74m (10'5" x 9'0")

Coved, textured Artex ceiling. UPVC replacement double-glazed window to rear elevation. Sliding door to:

EN-SUITE SHOWER ROOM & W.C.

White suite comprising: low flush w.c., pedestal handbasin with mixer tap and tiled splashback, and tiled shower cubicle having 'Triton' mixer. Towel rail. Extractor. Coved, textured Artex ceiling.

LIVING ROOM/KITCHEN - 4.34m x 3.89m (14'3" x 12'9")

Coved ceiling with rose. Pair of UPVC replacement double-glazed windows to front elevation. Electric panel heater. Security intercom telephone. 
Kitchen Area:  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. Suspended ceiling with three recessed spotlights.

GENERAL INFORMATION

Tenure: 189 years leasehold from 25th March 1989 (expiring 25th March 2178); 152 years remaining.
Service Charge: SEE LEGAL PACK.
Council Tax: Band 'A' - £1,527.80 p.a. (2026-27)

EPC

Energy Rating 'D' (Floor Area 36 sq m approx).

VIEWING

By appointment with SOLE AGENTS & AUCTIONEERS,
D. M. NESBIT & CO.
(17944/051373)
 
ADDITIONAL AUCTION COSTS
 
A Buyer's Premium of £600 + 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 1Full Details
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.
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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.
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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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Cottage Grove, Southsea PO5 1EN

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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, Nesbit & Co are very much a recognised and trusted name in Estate Agency.

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.

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.

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.

Affordability

Monthly repayments£352
Property: £ 70,000
Deposit: £ 7,000
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference S1200484. 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.”

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