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Price History
Our Summary
- **For Sale By Auction on Tuesday 10 June 2025** *Guide Price £125,000 Vacant 3rd Floor 2-Bedroom Apartment Description Leasehold third floor flat comprising Lounge/Dining Room, Kitchen, 2 bedrooms (1 en-suite) and bathroom
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Description
This 3rd floor, 2-bedroom apartment is being sold by auction on June 10th, 2025, with a guide price of £125,000. The property, located in a landmark building near the city center, Gunwharf Quays, and Portsmouth University, features a lounge/dining room, kitchen, two bedrooms (one en-suite), and a bathroom. The apartment has a total floor area of 78.73 sq.m. and benefits from 76 years remaining on the lease.
The leasehold property has a 99-year lease, from January 1st, 2003, with a ground rent of £200 per annum, which doubles every 25 years. The property is situated within a short distance of Portsmouth & Southsea train station and has an EPC rating of D. Buyers should note that there is a £1,500 (inc VAT) buyers' premium and other charges in addition to the purchase price, as outlined in the special conditions of the legal pack.