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Upper Flat, 58, Wimborne Road, SOUTHSEA, Hampshire, PO4 8DE

23rd June 2021
starts 10:00 AM at Grand Connaught Rooms
sold prior
undisclosed

Tenure: Leasehold.  Lease Information awaited.  Please check the Legal Pack for further details.

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The negotiator dealing with this Lot is Peter Bryan and he can be contacted on 02380 338 066 or by email: peter.bryan@fox-and-sons.co.uk
Freehold to include one bedroom first floor flat
Potential to realign accommodation to create second bedroom

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Tenure
Freehold & Leasehold with Vacant Possession

Lease Details
Upper Flat - The Lease is dated 10th September 1986 for a term of 99 years from 1 September 1986. Lower Flat – This flat has been sold off on a 125 year lease from 1st August 2004. Ground rent £75 pa.

Location
The property can be found in the Milton area of Southsea and is well placed for local amenities located on Winter Road and surrounding areas, along with the seafront which is approximately one mile away. The centre of Southsea is located around two miles away and offers a comprehensive array of shopping, leisure and dining facilities, together with various historical attractions and the nearby beach front promenade.

Description
This one bedroom first floor flat is being offered for sale with its own lease and the freehold to building with the right to collect ground rent of £75 pa from the ground floor flat, which has been sold off on a 125 year lease. The flat requires general modernisation and upgrading, whilst offering the potential to realign
the accommodation on offer to create a second bedroom and for loft space accommodation (subject to obtaining necessary consents), making this an ideal purchase for investment and speculative buyers alike.

Accommodation
Ground Floor: Communal Entrance Door to Communal Entrance Hallway, Private
Front Door to Stairs to First Floor.
First Floor: Inner Hallway, Living Room, Dining Room, Kitchen, Bedroom, Bathroom.

EPC D

Viewing Agent
Fox & Sons Auctioneers, 32-34 London Road, Southampton, Hampshire, SO15 2AG
E auctions.southampton@fox-and-sons.co.uk T 023 8033 8066





Important Notice:
For each Lot, a contract documentation fee of £1,150 (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.

Lot location is based upon nearest property postcode only. Actual location of property being sold may differ.

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lot infomation last updated: 14th June 2021 at 03:27 PM
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