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2 bedroom maisonette for sale
Elm Grove, Portsmouth, Hampshire, PO5
£100,000
Elm Grove, Portsmouth, Hampshire, PO5
£100,000
Our Summary
- ** For Sale By Online Auction** Pre Auction Offers Considered** Cash Buyers Only** This great apartment benefits from two double bedrooms, a large and bright lounge, fitted kitchen with room for a table and a recently refurbished shower room
- Council Tax Band: A Traditional Terms & Conditions - This property is for sale via Online Auction
- This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform
- The auction will run for 3 hours on a set date and time chosen by the vendor of the property
- The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount
- Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3
- The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives
- Properties may be sold prior to public auction if an offer is accepted by the vendors
- **Guide price - This is an indication of the seller's minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction
- **Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction, then the property will not be sold
Description
This apartment is being sold via online auction and is a fantastic opportunity for a cash buyer. The property boasts two double bedrooms, a large and bright lounge, a fitted kitchen with space for a table, and a recently refurbished shower room. The apartment is situated on the top floor of the block and benefits from a newly extended lease, providing a term of approximately 148 years. The property is sold with no chain ahead and vacant possession, making it an ideal purchase. The auction will run for three hours on a set date and time, and the winning bidder will be required to pay a 10% deposit and a non-refundable reservation fee of 3.6% of the winning bid, in addition to the purchase price. It's essential to review the legal documents and seek legal advice before bidding.