>
6 bedroom block of apartments for sale
21, 23 & 25 Northam Road, Southampton, Hampshire, SO14
£450,000
21, 23 & 25 Northam Road, Southampton, Hampshire, SO14
£450,000
Our Summary
- Key FeaturesLot 130 for sale by auction on 18/12/2025To view the property or see a virtual tour please refer to the full sales particulars on the auctioneers websiteComprising Three Commercial Units and Thirteen Self Contained Residential UnitsTwo Residential Units are each subject to Assured Shorthold Tenancies, Three Residential Units are each subject to a Residential Property Letting AgreementThe remaining Two Residential Units have been disposed of on long leasehold interestsThe Three Commercial Units and the remaining six vacant Residential Units are all vacant21 Northam Road is held freehold, whilst 23 and 25 Northam Road are hold on long leasehold interestsThe Receivers understand that the residential property letting agreement to A-Space Living was granted without the consent of the secured chargeholder
- 6 miles awayAdditional InformationThe receivers advise that 21 - Flat 3 (21d) Flat 4 and Flat 5 are derelict
Description
The property, Lot 130, is a unique opportunity for investors and developers alike, comprising three commercial units and 13 self-contained residential units. The property is situated on Northam Road, with a mix of vacant and tenanted units, including two subject to Assured Shorthold Tenancies and three to Residential Property Letting Agreements. The remaining two residential units have been sold on long leasehold interests. The property is held freehold, except for two units held on long leasehold interests. The secured chargeholder is willing to sell the property free from existing leases, and a six-week completion is available. The property is strategically located near Southampton city centre, with local shops and amenities, as well as easy access to the M27 and M271 motorways, Southampton Airport, and East Park.