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41A, B & C Bridge Road, Southampton... 3 bed block of apartments for sale
41A, B & C Bridge Road, Southampton, Hampshire, SO19 7GP
£200,000
41A, B & C Bridge Road, Southampton, Hampshire, SO19 7GP
£200,000
Our Summary
- 41A, B & C Bridge Road, Southampton, Hampshire, SO19 7GPGuide Price £200,000 to £300,000 * Buyers Premium AppliesFor sale by public auction
- unconditional online auction
- Town & Country Property Auctions are delighted to offer For Sale by Public Auction this fantastic opportunity to buy three individual apartments fully let out with tenants all paid up to date on their rent the building itself has undergone major refurbishment over the last few years and including internal works to kitchens and bathrooms
- The property will be entered into our 26th March 2025 auction which is held online and starts at 10am
- The auction conditions require a full legal completion 56 days following the auction (unless otherwise stated)
- Pre Auction Offers Are ConsideredThe seller of this property may consider a pre-auction offer prior to the auction date
- All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit
- To make a pre-auction offer we will require two forms of ID,
Description
This is a fantastic opportunity to purchase a block of three apartments in Southampton, Hampshire, currently let out on assured short-hold tenancies. The building has undergone major refurbishment over the past few years, including internal works to kitchens and bathrooms. The apartments are fully let, with tenants paid up to date on their rent, and are expected to generate a monthly rental income of £730. The property is being sold by public auction, with a guide price of £200,000 to £300,000, and is expected to complete within 56 days. The buyer will be required to pay a £5,000 or 5% deposit and a 2%+VAT (subject to a minimum of £12,500+VAT) buyer's premium, and will be legally bound to buy the property once the hammer falls. The seller may also consider pre-auction offers prior to the auction date.