2A Bassett Crescent West, Bassett, Southampton, Hampshire SO16 7DZ

> First Floor Three Bedroom Maisonette
> Let On AST Agreement At £14,400 PA
> Close To Southampton University Main Campus

Guide Price: £160,000 Plus

Description:

Lease Details

The Lease is dated 18th November 1991 for a term of 125 years from 1st January 1988.

Location

This property is located in the sought after residential location of Bassett with the main Southampton University Campus just under a mile away. Local amenities and public transport can be found in the area with the main Southampton Hospitals approximately 1.7 miles away.

Description

A first floor converted maisonette offering three bedrooms and one reception room, with a detached lock up garage and area of garden to the front. The property also has a current HMO licence.

Accommodation

GROUND FLOOR: Side Entrance Hallway with Stairs to Landing. FIRST FLOOR: Landing, Bedroom One, Bedroom Two, Bedroom Three, Lounge, Bathroom, Kitchen. OUTSIDE: The property has a section of garden to the sideway along with a driveway leading to a detached lock up single garage and forecourt.

Tenancy Details

We have been advised that the property is currently let on a 12 month AST agreement dated 2nd July 2020 at £1,200 pcm (£14,400 PA). A copy of the tenancy agreement will be included in the legal pack and all prospective bidders are advised to have satisfied any enquiries regarding the status of the tenancy along with any further HMO requirements, prior to bidding.

Tenure

Leasehold. Remainder of a 125 Year lease dated from 1st January 1988 £20 Ground Rent rising to £120

EPC Rating

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.