Lot 180 Freehold Block Of Four Flats For InvestmentAuction Date:
20th September 2023
17,19,21 & 23 Tenterton Avenue, Southampton, SO19 9HT
Currently let at £35,730 per annum
This attractive freehold block is located on the outskirts of Woolston and Old Netley and comprises four flats all of which are currently let and producing a healthy income.
The flats are in good condition throughout and are considered ideal for retention as an income producing investment or for sale into the local marketplace as and when they become vacant.
Flat 17
Living room/dining room, kitchen, two bedrooms and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £787.50 per calendar month.
Flat 19
Living room/dining room, kitchen, two bedrooms and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £700 per calendar month.
Flat 21
Living room/dining room, kitchen, two bedrooms and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £700 per calendar month.
Flat 23
Living room/dining room, kitchen, two bedrooms and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £790 per calendar month.
Outside
Ample parking and communal rear garden.
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
