Flat For Sale London Road, Portsmouth #1534612869
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For Sale

London Road, North End, Portsmouth

Fixed Asking Price £70,000
1Beds
1Baths

Flat For Sale London Road, Portsmouth

Property ID: 1534612869

Description

FULL DESCRIPTION

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

This property would be ideal for a first time buyer or a perfect addition to an investment portfolio.

Offered with vacant possession.

104 years remaining on the lease.

Ground rent – £150pa

Service charge – £700pa

Video available on request.

Contact NEXA to arrange a viewing.

LIVING SPACE

Open plan living space with kitchen units and sink down one side. UPVC door to the garden.

BEDROOM

Single glazed window to the side elevation, double bedroom with radiator, wall-mounted unit housing the meters.

BATHROOM

Tiled to principle areas and fitted with white suite.

GARDEN

Private enclosed rear garden, opportunity to be landscaped in to a really great space.

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% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £4,800 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.

Brochure & Floor Plans

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Description

FULL DESCRIPTION

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

This property would be ideal for a first time buyer or a perfect addition to an investment portfolio.

Offered with vacant possession.

104 years remaining on the lease.

Ground rent – £150pa

Service charge – £700pa

Video available on request.

Contact NEXA to arrange a viewing.

LIVING SPACE

Open plan living space with kitchen units and sink down one side. UPVC door to the garden.

BEDROOM

Single glazed window to the side elevation, double bedroom with radiator, wall-mounted unit housing the meters.

BATHROOM

Tiled to principle areas and fitted with white suite.

GARDEN

Private enclosed rear garden, opportunity to be landscaped in to a really great space.

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% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £4,800 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.

Brochure & Floor Plans

Additional Features

  • - GROUND FLOOR FLAT
  • - NO ONWARD CHAIN
  • - PERFECT FOR INVESTMENT OR FIRST TIME PURCHASE
  • - OPPORTUNITY TO IMPROVE
  • - OVER 100 YEARS ON LEASE
  • - GARDEN
  • - VACANT POSSESSION
  • - BUYERS FEE APPLIES
  • - AUCTION PACK AVAILABLE ON REQUEST
  • - AUCTION DATE - THURSDAY 25TH JANUARY 2024
  • -

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