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Lot 20 Freehold Development Site For Four Town HousesAuction Date:
28th July 2022
31 Vespasian Road, Southampton, SO18 1AY
Situated close to the River Itchen with its boatyards and pontoons and a short distance from the centre of Bitterne with all of its shopping and other amenities. This freehold site is occupied by a single detached dwelling which is due to be demolished as part of a Planning Consent for site re-development.
The scheme allows for four three-bedroom town houses which are considered ideal for re-sale into the local marketplace or retention for their income-producing potential.
Planning
Planning Permission has been granted by Southampton City Council, under ref: 20/00599/OUT, dated 22 July 2020, for the erection of a terraced block of 4 x 3-bed houses with associated parking and cycle/refuse storage following part demolition of the existing building, subject to conditions.
A copy of the Planning Permission and accompanying documents may be downloaded from the Local Planning Authority. Website: southampton.gov.uk. Tel: 023 8083 3006.
Viewing
On site during daylight hours.
Proposed Accommodation
Ground Floor
Entrance hall, kitchen, living room and cloakroom with W.C.
First Floor
Two bedrooms and bathroom with W.C.
Second Floor
Further bedroom.
Outside
Car parking to the front and garden to the rear.
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
