21 & 21A Chessel Avenue, Bitterne, Southampton, Hampshire (Archive)

> A Large Detached Character Property
> Currently Arranged As 1 x 1 & 1 x 2 Bed Flats
> An Ideal Investment/Speculative Lot

Guide Price: £225,000 Plus

Description:

Location

Chessel Avenue is one of the more popular roads in Bitterne and is located within a short walk of the main Bitterne Precinct. Good schooling for all age groups can be found nearby, along with excellent amenities and public transport.

Description

For many years, this large detached property has been arranged as 2 self contained apartments. The properties have been let by a long established estate owning family, with the first floor currently vacant and the ground floor due to become vacant around late April 2019.

Accommodation

GROUND FLOOR: (21) Front Door to Entrance Hallway, Internal Door to Hallway, Lounge, Double Bedroom, Kitchen, Bathroom, Conservatory. FIRST FLOOR: (21A) Entrance Door on Ground Floor with Stairs to Landing, Lounge, Bedroom One, Bedroom Two, Kitchen, Bathroom. OUTSIDE: The property makes provisions for a level of off road car parking to the right hand side, with a good size rear garden presently arranged and split to service each flat.

Agents Note

A Section 21 Notice has been served on the current tenant of the ground floor flat.We understand the date of vacation is due around the end of April 2019. Buyers are advised to have made all enquiries over the status of the tenancy prior to bidding. The value of this property would be greatly enhanced by returning to a good size detached four bedroom family home, subject to obtaining any required consents and complete vacant possession. In addition, the current apartments would return an annual rent in the region of £16,500 - £18,000 PA if retained as a letting investment. The photos shown are of the first floor apartment.

Tenure

Freehold

EPC Rating

Flat 21 - E Flat 21A - 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.