Get brand editions for D. M. Nesbit & Company, Southsea

1 bedroom flat for sale

Laburnum Grove, North End, Portsmouth

Guide Price* £90,000

Property Description

Full description

TO BE SOLD BY PUBLIC AUCTION THURSDAY 25th JULY 2019.
GUIDE PRICE: £90,000+
OF INTEREST TO INVESTORS ONLY; currently LET on a SECURE STATUTORY (LIFETIME) TENANCY at £5,720 p.a., a WELL-SITUATED and SPACIOUS ONE BEDROOM FLAT CONVERSION with gas fired central heating and UPVC replacement double-glazing.
Laburnum Grove runs between London Road and Copnor Road, No. 117 being on the north side diagonally opposite the junction with Beaulieu Road. This is a pleasant and popular residential address convenient to a wide range of public amenities.
The flat is one of two units within a substantial late-Victorian inner-terrace property having brick elevations under a modern tiled roof, the period tile-clad facade incorporating double splay bay window. As stated, it is LET on a SECURE STATUTORY (namely LIFETIME) TENANCY at a current Registered Rent of £110 per week, the single female occupant being, we are told, 86 years of age, in possession for some 60 years, and with no live-in dependents.

Private UPVC and double-glazed front door, with SECURITY ENTRY SYSTEM, to:

Ground Floor Lobby - Period staircase to:

First Floor -

Split Landing - Textured Artex ceiling. UPVC replacement double-glazed window to side elevation. Double panel radiator.

Bathroom & W.C. - 8'5 x 6'6 (2.57m x 1.98m) - White suite comprising: panelled bath, handbasin, and low flush w.c. Double panel radiator. UPVC replacement obscure double-glazed window to rear elevation. Access to Loft Space.

Kitchen/Breakfast Room - 12'0 x 11'9 (3.66m x 3.58m) - Coved, Artex ceiling. UPVC replacement double-glazed window to rear elevation. Single drainer stainless steel sink unit, base and wall cupboards. 'Vaillant' gas fired central heating and hot water boiler. Gas cooker point. Double panel radiator.

Bedroom - 15'5 x 11'0 (4.70m x 3.35m) - UPVC replacement double-glazed window to front elevation. Built-in wardrobe. Double panel radiator.

Living Room - 17'4 x 13'9 (5.28m x 4.19m) - Coved Artex ceiling. UPVC replacement double-glazing to bay window. Cast-iron period fireplace. Built-in cupboard. Double panel radiator.



General Information - Tenure: a NEW 200 YEAR LEASE will be granted from the date of completion (the seller being the current building Freeholder).
Ground Rent: £150pa, rising by £100 every 25 years.





Council Tax - Band 'A' - £1,110.57 per annum (2019/20)





Viewing - Strictly by prior appointment with AUCTIONEERS,
D. M. NESBIT & CO.
(17173/023039)

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More information from this agent

Listing History

Added on Rightmove:
03 July 2019

Nearest stations

  • Hilsea (1.0 mi)
  • Fratton (1.4 mi)
  • Portsmouth & Southsea (1.4 mi)
Distances are straight line measurements from centre of postcode

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To view this property or request more details, contact:

D. M. Nesbit & Company, Southsea

7 Clarendon Road, Southsea, PO5 2ED

02382 200461 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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Nearest stations

  • Hilsea (1.0 mi)
  • Fratton (1.4 mi)
  • Portsmouth & Southsea (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

D. M. Nesbit & Company, Southsea

7 Clarendon Road, Southsea, PO5 2ED

02382 200461 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 28907768. 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 D. M. Nesbit & Company, 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.

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*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.


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