A vacant 2/3 bedroom split level apartment requiring minor improvement, located close to the town centre and sea front. Ideal for owner occupation or letting investment with an estimated rent of £925 PCM, gross yield 10% PAX.
Auction date
To be sold by online auction on Thursday 31st August 2023 with a 6 WEEK COMPLETION, bidding will open at 10.00.
Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.
Location
* Located on Sea Front Road * Close to town centre, seafront and local amenities * Good access to Portsmouth, Chichester and Havant * Mainline rail service to London Waterloo from Havant
Description
* Split level apartment * 2/3 bedrooms * Requires refurbishment * Good investment potential * Approximately 745 sq.ft/ 69 sq.m
Accommodation
Comprises:
Ground floor
Communal entrance, stairs to:
First floor
Entrance hall, Living room, kitchen, dining room/bedroom
Second floor
2 bedrooms, bathroom
EPC rating
D
Tenure
Leasehold with vacant possession
Lease
125 years from 24th June 1986 - 86 years remaining.
Ground rent and service charge
Please see legal pack for further details
Council tax band
B - Havant
Legal pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendor's solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor.
Additional fees
A buyers charge of £1,200 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
| User | Amount | Date |
|---|---|---|
| Bidder 1 | £119,000 | 31/08/23 13:27:32 |
| Bidder 3 | £117,000 | 31/08/23 13:26:25 |
| Bidder 4 | £116,000 | 31/08/23 13:24:53 |
| Bidder 2 | £115,000 | 31/08/23 13:24:51 |
| Bidder 1 | £114,000 | 31/08/23 13:15:10 |
| Bidder 3 | £112,000 | 31/08/23 12:20:29 |
| Bidder 2 | £111,000 | 31/08/23 10:39:28 |
| Bidder 1 | £110,000 | 31/08/23 10:12:11 |
Viewings will be conducted prior to the auction, please call Leaders Emsworth (Sales) on 01243 374711 to book an appointment.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
Whether you’re looking to sell or let your property, we can provide you with a free, accurate valuation based on our expert knowledge and the latest trends in your local area.
Call 01344 753120
enquiries@firstforauctions.co.uk
