£70,000

1 bed flat for sale

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Auction
Leasehold

Fixed price

£70,000

1 bed flat for sale

London Road, North End, Portsmouth PO2

1 bed
1 bath
1 reception
EPC rating: D

Key Information

Tenure:
Leasehold
Time remaining on lease:
103 years
Service charge:
£700 per year
Council tax band:
Ground rent:
£150
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Willows Centre for Children (SEN) 0.2 miles
  • Cliffdale Primary School 0.2 miles
  • Hilsea 0.8 miles
  • Portsmouth Continental Ferry Terminal 1 mile

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
  • For slae by online auction
  • Pre-auction offers considered
  • No onward chain
  • Perfect for investment
  • Over 100 years on lease
  • Courtyard garden
  • Buyers fee applies
  • Auction pack available on request
  • Auction date - Thursday 21st may 2024
**For sale by online auction - Pre-Auction offers considered **

**Guide Price - £70,000**

**No Onward Chain**

nexa Properties are please to offer this one bedroom ground floor flat situated on London Road, Portsmouth.

Comprised of an open plan kitchen/lounge, a double bedroom and a bathroom suite with shower over bath.

Offered with a tenant in situ on a 12 month AST until 1st April 2025.

Current rent - £725pcm excluding utilities.

Video available on request.

Contact nexa to arrange a viewing.

Terms And Conditions

This property is for sale via Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3.6% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £5,940 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. Please remember that the reservation fees are payable in addition to the sale price. Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability. Bidders will be required to register in order to download the 'legal pack', if you choose to bid on the property, you will be required to complete further identity checks for anti-money laundering purposes and provide card details before you are able to place a bid. Properties may be sold prior to public auction if an offer is accepted by the vendors.

**Guide price - This is an indication of the seller's minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.

**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction, then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above the guide price.

There are some planning applications within 0.5 miles of this home

Blurred out There are some planning applications within 0.5 miles of this home information

Assess how they might enhance or detract from this home’s value.

Floor plans and tours

Floor plans (1)

Floor plan 1

Tours

No virtual tour available

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Listed by

NEXA Properties Limited

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Property descriptions and related information displayed on this page are marketing materials provided by - NEXA Properties Limited. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact NEXA Properties Limited for full details and further information.

  1. Zoopla
  2. For sale
  3. Hampshire
  4. Portsmouth
  5. London Road

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