A Vacant First and Second Floor Two Bedroom Flat. Estimated Rental Value of £10,112.44 Per Annum (Source: LHA Rate)

The property comprises a first and second floor two bedroom flat situated within a mid terrace building arranged over ground and two upper floors. The property requires a program of refurbishment.

Tenure

Leasehold. The property is held on a 125 year lease from 25th December 1985 (thus approximately 86 years unexpired). At the buyer's request and costs a section 42 notice to extend the lease will be served prior to completion, the rights of which would be assigned to the incoming buyer.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Southsea Common are within easy reach. Transport links are provided by Portsmouth & Southsea rail station.

Accommodation

First Floor Reception Room Kitchen Two Bedrooms Second Floor Bathroom

The property has not been inspected by Auction House London. All information has been supplied by the vendor.

Energy Efficiency Rating (EPC)

Current Rating E

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.