Lot 11 Freehold House For InvestmentAuction Date:
5th May 2022
14 Durham Street, Gosport, Hampshire, PO12 3JE
Currently let at £7,800 per annum
Situated off Forton Road (A32), a short drive from the town centre, this two bedroom mid-terrace house is, at present, let under the terms of an Assured Shorthold Tenancy Agreement and is considered ideal for addition to an income-producing letting portfolio.
Ground Floor
Entrance lobby, living/dining room and kitchen.
First Floor
Landing, two bedrooms and bathroom with W.C.
Outside
Garden to the rear.
Tenancy
Let on an Assured Shorthold Tenancy Agreement for a term of 12 months from 26th March 2010 at a current rental of £650 per calendar month.
Auctioneer’s Note
Prospective purchasers are advised that Japanese Knotweed has been detected in the garden to the rear of the property. A copy of a specialist report for the eradication of the Knotweed will be available to download from the Clive Emson website.
Council Tax Band B
There is an addendum available to be read
in conjunction with the legal documentation.
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 Buyers Fees
