Flat 16, Telephone House, 70 High Street, Southampton, Hampshire SO14 2NW

> Second Floor One Bedroom Apartment
> Currently Let At £9,540 PA Until June 2020
> Cash Buyers/Professional Landlords Only

Guide Price: £115,000 Plus

Description:

Lease Details

The Lease is dated 21st December 2006 for a term of 125 years from 1st January 2006.

Location

Telephone House is located at the waterfront end of Southampton High Street, within immediate walking distance of the excellent shopping, employment and leisure facilities in the main city centre. This is an ideal location for both owner occupiers or tenants looking to be in the heart of this vibrant and busy city.

Description

Telephone House was constructed by Linden Homes around 2005/2006 and is an excellent purchase for cash buyers and professional landlords looking for an investment property. The flat is located on the second floor of this modern building and benefits from a balcony.

Accommodation

GROUND FLOOR: Communal Entrance with Lift & Stairs to all Floors and Intercom Entry System. SECOND FLOOR: Entrance Hallway with Storage Cupboard, Bathroom, Bedroom One with walk in Wardrobe and door to Balcony, Open Plan Large Lounge/Kitchen with door to Balcony.

Tenancy Details

The flat is currently let on a 6 month AST agreement at £795 PCM (£9,540 PA) until 20th June 2020. A copy of this tenancy agreement will be included in the legal pack and prospective buyers are advised to satisfy any enquiries regarding the status of the tenancy prior to bidding.

Tenure

Leasehold

EPC Rating

B

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.