Lot 158 Town Centre Flat For InvestmentAuction Date:
18th September 2024
Ground Floor Flat, 163 High Street, Eastleigh, Hampshire, SO50 5LX
Currently let at £6,850 per annum
Situated in the largely residential section of the high street, this ground floor studio flat is situated a short walk from the centre of Eastleigh with all of its shopping and other amenities including the railway station. The flat is at present let under the terms of an Assured Shorthold Tenancy and is considered ideal for continued use as a letting investment.
Accommodation
Open plan kitchen/living/bedroom and shower room with W.C.
Outside
Small courtyard garden to the front.
Tenure
Remainder of a 125-year lease from 25th December 2016 at a current ground rent of £175 per annum.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement from 1st September 2024 at a current rental of £575 per calendar month.
Council Tax Band A
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
