Ground Floor Flat, 23 Portswood Road, Portswood, Southampton, Hampshire SO17 2ES

> Large One Bedroom Ground Floor Flat Conversion
> Ideal For Investment/Speculative Purchasers
> Potential Investment Return Circa 10% PA

Guide Price: Sold Prior

Description:

Lease Details

The Lease is dated 5th March 2015 for 162 years from 5th March 2015.

Location

This ground floor apartment is located to the rear of 23 Portswood Road and is accessed from a footpath to the rear of Mango Tapas, directly from Rigby Road. The property is a perfect investment, with access to nearby local amenities along with good local transport passing regularly nearby.

Description

A ground floor flat offering excellent sized living accommodation with a good size lounge, large double bedroom and modern kitchen and shower room. The property also benefits from gas fired central heating and UPVC double glazing and is ideal for investment purposes with a potential 10% PA yield return.

Accommodation

GROUND FLOOR: Entrance Hallway, Lounge, Modern Kitchen, Modern Shower Room, Large Double Bedroom. OUTSIDE: The property is accessed from the courtyard area which allows access to the flats to the rear of the main building.

Tenure

Leasehold

EPC Rating

C

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.