Call 0800 038 5996

Guide Price: £275,000.00

Traditional Auction

80 Clarendon Road , , Southsea , PO5 2PB

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AUCTION SOLD

Lot Number: 97266973

Property ID: 51484181

Whoobid Auctioneers

djacobs@whoobid.co.uk

01202 137200

Guide Price

£275,000.00

Method of Auction

Traditional

Property Type

House

Number Of Beds

5+

Tenure

Leasehold Property

Address

80 Clarendon Road

Key Features

INVESTMENT OPPORTUNITY
PREVIOUSLY RENTED AT £3,380PCM
ALL CERTIFICATES/INSPECTIONS UP TO DATE
AUCTION PACK AVAILABLE ON REQUEST
BUYERS FEE APPLIES
EIGHT BEDROOMS
THREE EN-SUITES

Description

** For sale by online auction ** pre-auction offers considered **

NEXA Properties are delighted to be offering this fantastic investment opportunity with this 8 bedroom HMO Maisonette situated on Clarendon Road, Southsea.

The property is fully furnished and has modern gas central heating with a Vaillant Combi boiler. The property is also inspected and certificated annually as required for gas appliances, electrical installation, PAT testing, smoke alarms, fire and CO2 alarms. The maisonette is spread over two floors with two interim half floors, providing three large bedrooms with en-suite shower rooms, five further good sized bedrooms, one bathroom suite with toilet, hand basin, bath with shower over, one shower suite with toilet and hand basin, open plan kitchen lounge area and a rear fire escape and lockable covered bicycle stores at the rear of the property.

Planning permission was granted in 2012 by Portsmouth City Council to convert the Clarendon Arms public house into a ground floor supermarket and an 8 bedroom HMO maisonette on the upper floors plus external rear bicycle stores.

Previously rented at £3,380pcm.

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.
AUCTION INFORMATION CONTINUED
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 a single figure guide price or if a guide price bracket is quoted the reserve will fall somewhere within those figures.

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: PO5 2PB

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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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