53 & 55 Redhill, Bassett, Southampton, Hampshire SO16 7BS

> Pair Of Semi Detached Houses On Circa 0.32 Acre Plot
> Four Bed House, Six Studio & Two x One Bed Flats
> Investment Opportunity With Development Potential

Guide Price: £750,000 Plus

Description:

Location

The properties can be found in a residential cul-de-sac within the popular location of Bassett, which can be found on the outskirts of Southampton. The area is well placed for access to various travel networks and Southampton City Centre which offers a comprehensive range of shopping, leisure and dining facilities.

Description

A pair of extended semi detached properties sited on a plot measuring circa 0.32 of an acre and comprising of a four bedroom house with a history of C4 HMO usage, with the adjoining property divided into 6 x studio and 2 x 1 bedroom flats. The properties require a level of modernisation and would benefit from a reconfiguration of the accommodation on offer, whilst offering the further potential to redevelop part of or the entire site (subject to obtaining relevant consents).

Accommodation

Accommodation (53) Ground floor: Entrance Hallway with Stairs to First Floor, Reception Room One with En-Suite Shower Room/WC, Reception Room Two/Bedroom Three, Inner Hallway, Reception Room Three/Bedroom Four, Rear Entrance Lobby, Shower Room/WC, Reception Room Four/Store Room with En-Suite Shower Room/WC, Reception Room Five /Bedroom Five. First floor: Landing, Inner Hallway, Kitchen, Shower Room/WC, Bedroom One, Bedroom Two, Inner Hallway, Store Room (former Bathroom). Accommodation (55) Ground floor: Communal Entrance Hall with Stairs to First Floor and doors to: Flat 1a – Studio, Flat 1b – Studio, Flat 1c – One Bed Flat, Flat 1d – Studio. First floor: Communal Landing with doors to: Flat 2a – Studio, Flat 2b – Studio, Flat 2c – One Bed Flat, Flat 2d – Studio. Outside: The properties are provided with front and rear gardens, together with off road parking to the front and rear elevations along with vehicular access to the side of number 55.

Tenancy Details

53 – Vacant Possession (Previously let at £21,120 pa) 55 – Part Vacant Possession (Previously let at £56,700 pa). The flats below are let on periodic AST agreements at the following rents: Flat 1A - £550 pcm, Flat 1B - £450 pcm, Flat 2D - £650 pcm. Copies of the tenancy agreements will be included in the legal pack and all prospective buyers are advised to satisfy any enquiries regarding the status of the tenancies prior to bidding.

Agents Note

Due to the tenancies, not all of the flats will be available for viewings. Please respect tenants rights to privacy at all times.

Tenure

Freehold

EPC Rating

53: E. 55 - Flats 1a, 1c, 1d, 2d: C, Flat 1b, 2a, 2b, 2c: 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.