Lot 61 Freehold Four-bedroom HmoAuction Date:
1st November 2023
57 Toronto Road, Portsmouth, PO2 7QD
Currently let at £26,100 per annum
Toronto Road feeds directly off Kingston Road in North End with all local amenities close by, also offering easy access into the City via public transport or the main road network in and out of Portsmouth on the M275/A27.
Fully licenced for up to six people, this mid-terrace property has had two ground floor rooms converted into one letting room, offering its own en-suite and kitchenette. The kitchen has also been extended to allow for a communal room and there are two ground floor W.C.s and shower rooms. Upstairs there are three well presented rooms all fully let.
The front bedroom is eligible to be let to a couple, offering the chance to increase the rental income.
Ground Floor
Entrance hall, bedroom with en-suite and kitchenette, communal kitchen/dining room, two W.C.s and shower rooms.
First Floor
Three letting rooms.
Outside
Enclosed communal garden to the rear.
Council Tax Band B
Tenancy
Each letting room is let on an Assured Shorthold Tenancy Agreements.
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
