Lot 28

GROUND FLOOR FLAT FOR INVESTMENT OR OCCUPATION

71A Twyford Avenue, Portsmouth, Hampshire, PO2 8DG
Guide Price £75,000+ * + Fees

Viewing by arrangement with Clive Emson Auctioneers

This one bedroom ground floor flat is situated a few hundred yards from the Rudmore roundabout which services the M275 and Portsmouth's continental ferry port.

The flat has, until recently, been in use as an income-producing letting investment and is considered ideal for continued use in that guise or, alternatively, for owner occupation.

Accommodation

Living room, kitchen, bedroom and bathroom with W.C.

Tenure

Remainder of a 125 year lease, from 1st June 1994, at an initial ground rental of £50 per annum, rising to £400 per annum throughout the term. Further details will be available within the legal documentation which can be downloaded from the Clive Emson website.

Leasehold with Vacant Possession

71A Twyford Avenue, Portsmouth, Hampshire
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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/