Headlease to Flats 1-27 Chantry House, Albert Road, North, Southampton, SO14 5BU, & Flats 1-18 Trinity Court, SOUTHAMPTON, Hampshire, SO14 5BW
29th July 2025
starts 09:00 AM at Grand Connaught Rooms
starts 09:00 AM at Grand Connaught Rooms
last bid was £25,000,
guide price *
£30,000
Tenure: Leasehold. Lease Information awaited. Please check the Legal Pack for further details.
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This property is being dealt by Fox and Sons Auctions, for any enquiries please call 02380 338 066 or by email: auctions@fox-and-sons.co.uk
ANNOUNCEMENT:
LOT 176 – HEADLEASE TO FLATS 1-27 CHANTRY HOUSE, ALBERT ROAD NORTH & FLATS 1-18 TRINITY COURT, OLD MILL LANE, SO14 5BW
There are 5 parking spaces included with this headlease and not 4 as stated in the catalogue.
Headlease & ground rent investment opportunity with 4 parking spaces
For 2 apartment blocks - 45 flats & GF commercial unit with parking
RPI linked ground rents – current total ground rents £8,634 PA
Guide price £30,000+
Tenure
Leasehold
Lease Details
The headlease is dated 19th June 2018 for 999 years from & including 19th June 2018, with a ground rent payable to the freeholder (Southampton City Council) of £1 pa.
Location/Description
These modern apartment blocks form part of the Chapel Riverside development located in the dockland riverside area of Southampton on the westerly bank of the river Itchen. The flats have been sold off on 150 year leases from 19th June 2018, with the ground floor commercial unit having been sold off on a 999 year lease (less 3 days) from 19th June 2018. The total current payable RPI linked ground rent income is £8,639 pa and the sale also includes 4 allocated parking spaces located in a secure gated area.
To view: No viewings.
Enquiries to Fox & Sons Auctioneers, 32-34 London Road, Southampton, Hampshire, SO15 2AG, T 023 8033 8066.
Important Notice:
Please refer to Money Laundering Regulations (page 12) and Auction Notices (pages 18 and 19) within our Catalogue available to download on our website.
LOT 176 – HEADLEASE TO FLATS 1-27 CHANTRY HOUSE, ALBERT ROAD NORTH & FLATS 1-18 TRINITY COURT, OLD MILL LANE, SO14 5BW
There are 5 parking spaces included with this headlease and not 4 as stated in the catalogue.
Headlease & ground rent investment opportunity with 4 parking spaces
For 2 apartment blocks - 45 flats & GF commercial unit with parking
RPI linked ground rents – current total ground rents £8,634 PA
Guide price £30,000+
Tenure
Leasehold
Lease Details
The headlease is dated 19th June 2018 for 999 years from & including 19th June 2018, with a ground rent payable to the freeholder (Southampton City Council) of £1 pa.
Location/Description
These modern apartment blocks form part of the Chapel Riverside development located in the dockland riverside area of Southampton on the westerly bank of the river Itchen. The flats have been sold off on 150 year leases from 19th June 2018, with the ground floor commercial unit having been sold off on a 999 year lease (less 3 days) from 19th June 2018. The total current payable RPI linked ground rent income is £8,639 pa and the sale also includes 4 allocated parking spaces located in a secure gated area.
To view: No viewings.
Enquiries to Fox & Sons Auctioneers, 32-34 London Road, Southampton, Hampshire, SO15 2AG, T 023 8033 8066.
Important Notice:
Please refer to Money Laundering Regulations (page 12) and Auction Notices (pages 18 and 19) within our Catalogue available to download on our website.
Council Tax Band: Please contact Auction centre
Leasehold Information:
Utilities:
Restrictions:
Flood Risk:
Parking: Please contact Auction centre
Accessibility: Please contact Auction centre
Leasehold Information:
- Number of years left on lease: Please contact Auction centre
- Annual service charge: Please contact Auction centre
- Annual ground rent: Please contact Auction centre
- Annual ground rent review period: Please contact Auction centre
- Ground rent increase: Please contact Auction centre
Utilities:
- Electricity: Please contact Auction centre
- Water: Please contact Auction centre
- Sewerage: Please contact Auction centre
- Heating: Please contact Auction centre
- Broadband: Please contact Auction centre
Restrictions:
- Obligations: Please contact Auction centre
- Property Listed: Please contact Auction centre
- Restrictions: Please contact Auction centre
- Required Access: Please contact Auction centre
- Rights of Way: Please contact Auction centre
Flood Risk:
- Flooded in the Last Five Years?: Please contact Auction centre
Parking: Please contact Auction centre
Accessibility: Please contact Auction centre
Lot location is based upon nearest property postcode only. Actual location of property being sold may differ.
lot infomation last updated: 30th July 2025 at 10:39 AM
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