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3 bedroom block of apartments for sale
41A, B & C Bridge Road, Southampton, Hampshire, SO19 7GP
£250,000
41A, B & C Bridge Road, Southampton, Hampshire, SO19 7GP
£250,000
Our Summary
- 41A, B & C Bridge Road, Southampton, Hampshire, SO19 7GP Guide Price £250,000 to £300,000 * Buyers Premium Applies For sale by unconditional online auction
- To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa
- uk 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 28th November 2024 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 Considered The 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 property is a block of three apartments located in Southampton, Hampshire, that are currently let out on assured short-hold old tenancies. The building has undergone a full refurbishment over the past few years, including internal works to kitchens and bathrooms. The apartments are fully let, with tenants paying up-to-date rent, and are expected to generate a monthly rental income of £695 each. The property is being sold by unconditional online auction, with a guide price of £250,000 to £300,000 and a buyers premium applicable. The buyer will be required to pay a £5,000 or 5% deposit and a 2%+VAT buyers premium, with contracts exchanging 56 days following the auction. The property features parking, a garage, and is located in a council tax band A. The annual ground rent and service charge are to be confirmed. Viewings are available by appointment, and pre-auction offers are considered.