Lot 93 Freehold Terrace House For InvestmentAuction Date:
20th March 2025
258 High Street, Eastleigh, Hampshire, SO50 5NA
Currently let at £11,400 per annum
This mid-terrace two-bedroom house is situated in a popular residential area of Eastleigh, a short distance from the main shopping centre, Eastleigh Train Station and Southampton Airport.
The property is let under the terms of an Assured Shorthold Tenancy Agreement and it is considered ideally suited for continued use as an income-producing investment.
Ground Floor
Entrance hall, living room, dining room, kitchen, utility area and W.C.
First Floor
Two bedrooms and family bathroom with W.C.
Outside
Forecourt to front and garden to rear, with hard standing off-road parking at rear.
Tenancy
Let on an initial six-month Assured Shorthold Tenancy Agreement from 6th March 2018, currently paying £950 per calendar month.
Auctioneers' Note
The current owner holds both Freehold title and an historic (999-year) lease which are both to be transferred to the new owner upon completion. Further details will be available within the legal documentation which can be downloaded from the Clive Emson Website.
Council Tax Band: B
EPC Rating D
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
