This property is no longer on the market
Block of apartments
Key information
Property description & features
- Tenure: Freehold
To be sold by Public Auction is this fantastic investment portfolio of 4 apartments and a store room (potential for converting to create a 5 apartment) along with the Freehold of a striking period building. Please note one other leasehold apartment is owned by another party. The apartments are all fully furnished and currently let on AST's providing an annual income of £42,180 per annum. With modern kitchen and bathroom fittings, the apartments are all presented in good decorative order throughout.
APARTMENT B:
1 bedroom, hall/entrance floor apartment. Bay-fronted living room. Rent: £1000 per calendar month. Council Tax Band B £1,540.59 for the year 2023/2024
APARTMENT C:
1 bedroom first floor apartment. Open plan kitchen/living area. Rent: £895 per calendar month. Council Tax Band A £1,320.51 for the year 2023/2024
APARTMENT D:
Studio, first floor apartment. Rent: £725 per calendar month. Council Tax Band A £1,320.51 for the year 2023/2024
APARTMENT E
A store room. Potential for conversion to a studio apartment by splitting accommodation with Apartment F, creating two studio apartments.
APARTMENT F:
1 bedroom, second floor apartment. Separate kitchen and living area. Rent: £895 per calendar month. Council Tax Band A £1,320.51 for the year 2023/2024
ADDITIONAL FEES:
Buyers Admin Fee: £600 inc VAT (£500 + VAT), payable on exchange of contracts.
Disbursements: Please see legal pack for any disbursements listed that may become payable by the purchaser on completion.
MONEY LAUNDERING PROCEDURES
IN ACCORDANCE TO THE ABOVE, PLEASE BE ADVISED, THAT IF YOU INTEND TO BID ON THIS PROPERTY, THEN YOU WILL BE REQUIRED TO PROVIDE TWO FORMS OF ID (ONE PHOTO-TYPE). IF YOU ARE INTENDING TO BID ON BEHALF OF A THIRD PARTY, THEN WE WOULD REQUIRE BOTH ID FOR YOURSELF, PLUS A CERTIFIED COPY OF PHOTO ID FOR THE INTENDED PURCHASER.
PLEASE SEE WEB-SITE, FOR FURTHER DETAILS.
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Property reference PSSCC_665381. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Pearsons - Southsea.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 18, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on December 23, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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