Guide Price: £280,000.00

Traditional Auction

103 Admirals House , Gisors Road , Southsea , PO4 8GY

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CURRENT BID*

£275,000.00

(Place a bid)

AUCTION CLOSED

Lot Number: 50179274

Property ID: 55860875

Whoobid Auctioneers

djacobs@whoobid.co.uk

01202 137200

The minimum current bid is £275,500.00

Fees Apply

Automatic maximum bid £ (only bid in increments of £500)

£

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Guide Price

£280,000.00

Method of Auction

Traditional

Property Type

Flat

Number Of Beds

3

Tenure

Leasehold Property

Address

103 Admirals House

Key Features

• For Sale By Online Auction
• Tenant In Situ
• Modern Penthouse Apartment
• Large Wrap-Around Terrace
• Two Double Bedrooms
• En-Suite to Master Bedroom
• Kitchen with Integrated Appliances
• Light & Airy Living Room with Views
• Residents Gym & Walled Garden
• Buyers Fee Applies
• Pre Auction Offers Considered
• Auction Pack Available On Request

Description

Available with tenants in situ and no onward chain, a stunning penthouse apartment in Admirals House, Milton. The property was purchased new in 2006 by the current owners and offers well-proportioned accommodation, wrap-around terrace/balcony and a great central location, yet just over a mile from Eastney Beach.

The accommodation comprises an entrance hall with large storage cupboard, airing cupboard and further storage cupboard, the light and airy, dual-aspect living-dining room features a glazed end wall with French windows opening onto the roof terrace. The modern fitted kitchen includes integrated fridge-freezer and a dishwasher, the large master bedroom features an en-suite shower room and both bedrooms benefit from built in wardrobes and sliding patio doors to the balcony. The bathroom comprises bath, WC and basin over vanity unit with further storage.

The apartment is situated in the popular area of Milton, Southsea, close to Milton Park and approximately 1.2 miles of Eastney Beach and a mile of Lock Lake.

Currently tenanted for £1050pcm.
Lease Length: 155 year lease commenced 1/4/2005. This should be confirmed by a legal representative prior to exchange of contracts.
Service Charge: £1138.60 for 6 months or £2277.20 per year.
Ground Rent: £100 for 6 months or £200 per year.

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% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £4,800 inclusive of VAT. 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. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE ASKING PRICE. Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability. Bidders will be required to register in order to download the 'legal pack', if you choose to bid on the property you will be required to complete further identity checks for anti- money laundering purposes and provide card details before you are able to place a
bid. 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. In normal circumstances the reserve price should be no more than 10% above the guide price.

Property Brochure

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Property Auction Pack

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EPC

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Floor Plan

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**These particulars are produced by the advertising agent and not
verified by Whoobid, they are believed to be correct but their accuracy
cannot be guaranteed and they do not constitute an offer or form part of
any contract.**

Map Location

Property Location

Address: PO4 8GY

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Agent's Information

Name: Whoobid Auctioneers

Address: LONDON, Dorset, EC1V 2NX

Telephone Number: 01202 137200

Email: djacobs@whoobid.co.uk

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