Lot 29 Freehold Detached House For Refurbishment Or Site Re-developmentAuction Date:
21st September 2022
29 Vespasian Road, Bitterne, Southampton, SO18 1AY
This substantial freehold detached building is situated close to the boatyards and pontoons onto the River Itchen and is situated a short distance from the centre of Bitterne with all of its shopping and other amenities. Built as a significant family dwelling, the house has in more recent times been used for room-by-room accommodation, including to boat owners utilising the nearby boatyards and pontoon.
It is considered that the building could, in the future, be used in a number of guises including on a commercial basis perhaps as an HMO or there is scope and potential for a flat conversion scheme or site redevelopment, subject to all necessary consents being obtainable. Alternatively, although requiring upgrading and refurbishment, it is considered that the property could once again be restored as a splendid single family dwelling and the building is considered very worthy of the improvement works required.
Auctioneer’s Note
At the time of publication we have been unable to inspect the internal accommodation.
Council Tax Band D
Local Planning Authority
Southampton City Council. Tel: 023 8083 3006. Website: southampton.gov.uk.
Freehold with Vacant Possession
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
