57A St. Mary Street, Southampton, Hampshire (Archive)

> Split Level Two Double Bedroom Maisonette
> Requiring Some Upgrading & Improvements
> Ideal Speculative, Investment/Cash Purchase

Guide Price: £80,000 Plus

Description:

Lease Details

The Lease is dated 18th March 1988 for a term of 125 years from 18th March 1988.

Location

St Marys Street is a busy mixed residential and commercial area of central Southampton, with a host of local amenities immediately to hand. The property allows immediate access to parts of the Solent University campus and the St Marys Stadium along with various recreational facilities and commercial centres. This would be an excellent investment for any professional landlord looking for a city centre location.

Description

This split level maisonette occupies the first and second floors of this centrally located building, with immediate access to the local amenities and extensive range of educational and recreational facilities. The property will require some upgrading and improvements, but has been very realistically priced to attract the interest of cash buyers and active professional landlords.

Accommodation

GROUND FLOOR: Front Door with Stairs to First Floor. FIRST FLOOR: Landing with Stairs to Second Floor, Kitchen, Lounge. SECOND FLOOR: Landing, Bedroom One, Bathroom, Bedroom Two.

Agents Note

The property has been recently let on an AST agreement until the end of January 2019 at a rent of £700 PCM.

Tenure

Leasehold

EPC Rating

E

Important Notice

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price. Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at. When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.