Vacant Leasehold First Floor One Bedroom Flat - In Need of Refurbishment

A first floor leasehold flat comprising of an open plan living room to the front of the property, with the bedroom and bathroom to the rear. The flat is accessed via a communal entrance to the rear of 25 Burgess Road. Situation The property is situated within close proximity of Southampton General Hospital, the University and local schools/shops. Southampton town centre and mainline railway station are approximately 2 miles from the property. Location Pin (What3Words): bravo.brief.debate https://w3w.co/bravo.brief.debate Accommodation Living Room/Kitchen - 5.5 x 4.87 Bedroom - 3.90 x 3.63 Bathroom - 2.2 x 1.85 Total Floor Area - 52 sq.m. NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, REFERRING TO BUYERS PREMIUM OF £1560 (INC VAT) AND OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE. PLEASE ENSURE YOU READ THE SPECIAL CONDITIONS THOROUGHLY Tenure Leasehold 99 year lease from 25th March 1988 (approximately 62 remaining) Ground rent - £75 rising to £300 Ground rent rises every 33 years £75.00/£200.00/£300,00. Current rent payable £200.00 per annum Council Tax - Band A EPC Rating - D

Lot Type

Residential for Improvement

Additional Fees

Administration Charge - Purchasers will be required to pay an Administration fee of 0.5% (inc VAT) of the sale price, subject to a minimum of £1,500 (£1,250 plus VAT)

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