Flats 8B, 8C & 8D Merrieleas House, Parklands Close, EASTLEIGH, Hampshire, SO53 2EQ

Investment opportunity - 3 apartments with 999 leases,
Comprising 1 x 2 bed and 2 x 1 bed apartments,
Located in prime residential area - let at £31,500 PA

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Tenure
Leasehold (Share of Freehold)

Lease Details
Each flat has its own lease dated 2nd December 2009 for a term of 999 years from 1st February 2003 with no ground rent. This property is also being sold with a share of the freehold.

Location
The flats can be found in a well-established and sought after residential area. The area is ideally placed for local schools and the centre of Chandlers Ford with its shopping precinct, whilst equally offering various travel network connections to include the nearby Chandlers Ford railway station and connections to the M3 & M27 motorways.

Description
These flat conversations can be found on the first and second floor levels of this former manor house, with each flat comprising a sizeable level of accommodation, offered in good condition throughout and currently let on AST’s.

Accommodation
Ground Floor: Communal Entrance Lobby to Communal Hallway with Stairs to all Floors.
First Floor: Half Landing with Door to Flat D and Stairs to Second Floor. Flat D - Entrance Hallway, Lounge, Kitchen, Bedroom One, Bedroom Two, Bathroom, Separate WC.
Second Floor: Landing with Doors to Flats B & C: Flat C - Entrance Hallway, Lounge, Kitchen, Bedroom, Shower Room/WC. Flat D - Entrance Hallway, Lounge, Kitchen/Diner, Bedroom, Shower Room, Separate WC.
Outside: Designated parking area for three cars.

Tenancy Details
The flats are currently let on AST agreements at the following rents: Flat B – £825 pcm, Flat C- £825 pcm, Flat D - £975 pcm. Copies of the tenancy agreements will be included in the legal pack and buyers are advised to satisfy all enquiries regarding the status of the tenancies prior to bidding.

Agents Note
The three apartments currently share the same supply for gas and electricity. Buyers are advised to view the legal pack for further information regarding this prior to bidding.

EPC
Flat 8B – D. Flats 8C & 8D – C.

Council Tax Band
All flats – A

To view: Fox & Sons, Tel: 02380 338 066





Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.