7 University Road, Highfield, Southampton, Hampshire SO17 1TL

> Three Bedroom Three Reception Detached House
> Let To A Protected Tenant Of Over 40 Years
> Strictly Cash Buyers/Professional Landlords Only

Guide Price: £150,000

Description:

Location

This detached property is located within immediate walking distance of the main Southampton University Campus. The area of Highfield is one of Southampton's most highly regarded residential locations and this property would suit professional landlords/cash buyers only.

Description

A detached three bedroom two reception family sized house presently occupied by a Protected Life Tenant who has been in residence for over 40 years. The property will require complete refurbishment and some immediate repairs. Due to the nature of the tenancy, this property is suited to professional/cash buyers only.

Accommodation

GROUND FLOOR: Side Entrance Hallway with Stairs to First Floor, Lounge, Breakfast Room, Kitchen, Rear Reception Room. FIRST FLOOR: Split Level Landing, Bedroom One (Front), Bedroom Three, Bathroom, Bedroom Two (Rear). OUTSIDE: The property has a small garden area to the front with side pedestrian access to a rear garden which has become overgrown and requires cultivation.

Tenancy Details

The property is occupied by a Life Tenant who has been in occupation for around 40 years. This tenancy is now considered a Protected Tenancy, although would not appear to have been registered with the Rent Office. The current rent is £936 pa.

Agents Note

The property is now in need of complete and comprehensive refurbishment, with some immediate repairs required. The property is only suitable for professional landlords/cash buyers who specialise in protected tenancies.

Tenure

Freehold

EPC Rating

F

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.