Guide Price: £100,000.00

Traditional Auction

Flat 3 , 80a Elm Grove , Southsea , PO5 1LN

Image
Image
Image
Image
Image

AUCTION SOLD

Lot Number: 22833422

Property ID: 53920089

Whoobid Auctioneers

djacobs@whoobid.co.uk

01202 137200

Guide Price

£100,000.00

Method of Auction

Traditional

Property Type

Flat

Number Of Beds

2

Tenure

Leasehold Property

Address

Flat 3

Key Features

• Vacant Possession & No Forward Chain
• Newly Extended Lease
• New Roof Added In 2023
• Approximately 148 Years Remaining On Lease
• Peppercorn Ground Rent
• Newly Renovated Shower Room
• Two Double Bedrooms
• Located Close To Southsea Town Centre
• Buyers Fee Applies
• Auction Pack Available On Request

Description

** For Sale By Online Auction**

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. With a newly extended lease providing a term of approximately 148 years and a peppercorn ground rent, this would make a fantastic purchase. Sold with no chain ahead and vacant possession, early interest is advised.

Entrance To Block - Entered via the rear of the block, the flat is situated on the top floor of the building.

Apartment Entrance Hall - Front door into the hallway, doors to the shower-room, kitchen and lounge and stairs to the first floor, 2x storage cupboards, one housing the electric consumer unit.

Shower Room - Smooth ceiling with inset spotlights, double glazed, obscured glass window to the side aspect, walk in shower enclosure with 2x rainfall style shower heads, low flush w/c, towel radiator, vanity sink inset into alcove, tiled all round.

Kitchen - 3.78m x 2.64m (12'5" x 8'8") - Smooth ceiling with inset spotlights, double glazed window to the rear aspect, wall mounted boiler, range of contemporary fitted wall, base and drawer units with work surface over, one and a half bowl stainless steel sink with mixer tap, integrated oven, hob and extractor unit, space a plumbing for a washing machine (to remain), space for a slimline dishwasher (to remain), tiled splash backs and tiled floor.

Lounge - 4.45m into alcove x 3.81m (14'7" into alcove x 12' - Smooth ceiling, picture rail, two double glazed windows to the front aspect, radiator.

First Floor Landing - Doors to bedrooms one and two.

Bedroom One - 4.45m x 3.81m (14'7" x 12'6") - Smooth ceiling, two double glazed windows to the front aspect, two radiators.

Bedroom Two - 3.99m maximum x 3.86m (13'1" maximum x 12'8") - Smooth ceiling, loft access, two double glazed windows to the rear aspect, radiator.

Further Information -
Tenure - Leasehold - Lease term from 29/09/1982 to 27/09/2171, approximately 148 years remaining.
Service Charge for the most recent period - £1,252.37 p/a
Ground Rent - Peppercorn with no review date.
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 3.6% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £5,940 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 SALE 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

Download Link:  Must be logged in!

Property Auction Pack

Download Link:  Must be logged in!

EPC

Download Link:  Must be logged in!

Floor Plan

Download Link:  Must be logged in!

**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: PO5 1LN

logo

Agent's Information

Name: Whoobid Auctioneers

Address: LONDON, Dorset, EC1V 2NX

Telephone Number: 01202 137200

Email: djacobs@whoobid.co.uk

AVAILABLE PROPERTIES



14/05/2025 13:00:00

ONLINE AUCTION

GUIDE PRICE*
£490,000.00

Reservation Fee Applies

Freehold Property


73 Alton Road
Bournemouth
HOUSE
20/05/2025 13:00:00

ONLINE AUCTION

GUIDE PRICE*
£130,000.00

Reservation Fee Applies

Freehold Property


29 Burnivale
Malmesbury
HOUSE
29/05/2025 13:00:00

ONLINE AUCTION

GUIDE PRICE*
£500,000.00

Reservation Fee Applies

Freehold Property


92 & 92a Oval Road
Croydon
FLAT
Cookies help us deliver our services. By using our services, you agree to our use of cookies.