Lot 20

85 Milton Road, Polygon, Southampton, Hampshire (Archive)


> A Mid Terrace House In Popular Location
> Licenced HMO For 5 Sharers
> Making An Excellent Investment Purchase

Guide Price: £200,000 Plus

Description:

Location

Milton Road is recognised as one of the prime investment areas of Southampton, located within the popular Polygon area of central Southampton. The area primarily serves a good mix of student and working markets, yet would also make a good residential purchase for buyers wanting to be in the city centre. The area is very well served by local amenities, employment and recreational facilities.

Description

This mid terrace house is being offered with the benefit of a renewed HMO licence for 5 sharers and offers versatile accommodation, with three bedrooms on the first floor and two reception rooms on the ground floor which have been used as further bedrooms. All rooms are of a good size and the property has the added benefit of rear vehicular access.

Accommodation

GROUND FLOOR: Entrance Hallway with Stairs to First Floor, Bedroom Four, Bedroom Five/Communal Lounge, Kitchen/Breakfast Room, Inner Lobby, Shower Room, Separate WC. FIRST FLOOR: Landing, Bedroom One, Bedroom Two, Bedroom Three with En-suite WC. OUTSIDE: The property has a courtyard style rear garden with rear vehicular access and hardstanding.

Agents Note

The rear extension which incorporates the Lobby, Shower Room and WC is a single skin construction and buyers are advised to establish with their mortgage lender (if required) if any lending restriction will apply prior to bidding. The Guide Price has been heavily discounted to allow for the property to be upgraded and improved for new student intake along with any upgrade works that a lender may require to the shower room area.

Tenure

Freehold

EPC Rating

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.

Viewing Dates and Times

Mondays & Wednesdays 1:40pm - 2:10pm starting 11th March. OPEN HOUSE VIEWINGS! Staff will automatically be at the property on the days and times above. Please ensure you arrive promptly at the start time as staff will have to leave sharply at the end of the viewing.