1 bedroom apartment for sale

>

1 bedroom apartment for sale

Elm Grove, SOUTHSEA
£58,000

Our Summary

  • SUMMARYAUCTION SALE 15 April 2025 - > Split level first & second floor one bed apartment > In good condition with an extended lease > Let at £7,800 PA – ideal investment purchaseDESCRIPTION*** TO BE SOLD BY PUBLIC AUCTION ON 15TH APRIL 2025 2025 AT THE GRAND CONNAUGHT ROOMS, 61 - 65 GREAT QUEEN STREET, LONDON, WC2B 5DA (Online bidding available) ***TenureLeaseholdLease DetailsThe Lease is dated 3rd August 2023 from and including 29th September 1982 to and including 27th September 2171 with a peppercorn ground rent
  • AUCTION SALE

Description

This one-bedroom apartment is located in the Elm Grove shopping parade, with a range of local amenities nearby, including shops, dining facilities, and public transportation. The property is currently let at £650 per month, making it an ideal investment purchase for landlords. The flat is accessed from the rear of the building and comprises a living room, kitchen, bedroom, and shower room/wc over two floors. The lease has been extended and runs until 2171, with a peppercorn ground rent. The property is to be sold by public auction on April 15, 2025, and the guide price is £7,800 per annum. Buyers are advised to satisfy all enquiries regarding the status of the tenancy and to note that additional fees may be payable upon completion.
Get a Mortgage Quote