Freehold to include Flats 1, 2 & 3, 71 Sholing Road, Itchen, Southampton, Hampshire (Archive)

> Terraced Property As 3 Self Contained Flats
> 1 x 2 Bed & 2 x 1 Bed Flats - Let At Circa £19,800 PA
> Superb Residential Investment Opportunity

Guide Price: £230,000 Plus

Description:

Location

This large and extended terraced property provides 3 self contained flats, with 2 currently occupied on AST agreements. The property provides excellent access to the local primary and junior schools along with access to excellent local amenities and public transport.

Accommodation

GROUND FLOOR: Communal Entrance Hall. (Flat 1) Lounge, Bedroom (Double), Kitchen, Utility Area, Shower Room. Access to Rear Garden. (Flat 3) Entrance Hall, Lounge/Kitchen, Bedroom, Shower Room. Access to Rear Garden. FIRST FLOOR: (Flat 2) Door from Communal Hallway with Stairs to Landing, Large Lounge, Bedroom One (Double), Bathroom, Kitchen, Bedroom Two (Double). OUTSIDE: Flats 1 and 3 both have access to the enclosed garden area to the rear.

Tenancy Details

Flats 1 & 3 are currently let on AST tenancy agreements at the following rents: Flat 1 - Let at £6,000 PA, Flat 2 - Currently vacant but previously Let at £8, 400 PA, Flat 3 - Let at £5,400 PA - Total rent £19,800 PA .

Agents Note

The photos shown are of Flat 2 (two bedroom apartment), on the first floor which has recently been redecorated and left vacant to assist with viewings of the building.

Tenure

Freehold

EPC Rating

Flat 1 - E, Flat 2 - C, Flat 3 - D

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.