Lot 7

Flat 3 Woodside Court, Woodside Road, Portswood, Southampton, Hampshire SO17 2GR


> A One Bedroom First Floor Purpose Built Flat
> Reasonable Decorative Condition - Let At £7,200 PA
> An Ideal Investment Purchase With Circa 13% Yield

Guide Price: Re-entered in 19th May Auction

Description:

Lease Details

The Lease is dated 4th February 1972 for a term of 99 years from 1st November 1970.

Location

The property can be found in Woodside Road, which is well placed for the abundance of amenities located in Portswood High Street, together with convenient access to Southampton City Centre and various travel networks.

Accommodation

GROUND FLOOR: Communal Entrance Hallway with Stairs to all Floors. FIRST FLOOR: Private Front Door into Lounge/Dining Room, Kitchen, Bedroom with En Suite Shower Room/WC

Tenancy Details

The property is let on an AST agreement at £600 pcm until September 2020. A copy of the 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

E

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

Strictly by appointment with Fox & Sons Auctioneers.