Lot 112

TWO BEDROOM MAISONETTE FOR INVESTMENT OR OCCUPATION

32 Magennis Close, Gosport, Hampshire, PO13 9PP
32 Magennis Close, Gosport, Hampshire, PO13 9PP
Withdrawn After

Previously let at £9,000 per annum

Situated on what was formerly the Rowner MOD estate, this second and third floor maisonette has in recent years been let, producing an income of £9,000 per annum and is considered ideal for continued usage in this guise or alternatively perhaps for owner occupation.

The maisonette is in need of some upgrading and refurbishment, however does benefit from double glazing and the exterior of the block was reclad in 2017.

Second Floor

Entrance hall, walk in store room, bedroom.

Third Floor

Landing, living room, kitchen, bedroom and bathroom with W.C.

Tenure

Remainder of a 125 year lease from 1st January 1989 at an initial ground rent of £25 per annum.

Leasehold with Vacant Possession

Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/