This property is no longer on the market
Studio
Key information
Property description & features
AUCTION GUIDE PRICE - £75,000.00 PLUS FEES.
The property is to be offered online by Clive Emson Auctioneers on 1st November 2023.
To register to bid, view legal documentation or for general auction enquiries please contact the auctioneers or visit their website cliveemson.co.uk
Currently let at £8,700.00 per annum.
This well presented ground floor studio flat is located in The Willows, a large purpose built block in Stamshaw. Offering excellent links to public transport as well as easy access in and out of the City (via the M275 or A3/A27 road networks), the property is located close to the Mountbatten Centre, Alexandra Park and Tipner shoreline. The flat is currently let and is producing a worthwhile income
The studio is on the ground floor and comprises, entrance hall, good size studio room which is split well between bedroom, lounge area and still offers a good sized kitchen with plenty of cupboard space. there is also a shower room.
Let on an Assured Shorthold Tenancy for 12 months, from 29th June 2023, at a current rental of £725 per calendar month. The tenant also pays an additional £74 per month as a contribution for the communal supply gas and water supply.
Tenure: Leasehold
Lease length: 999 years from 26th November 2010
Managing Agent - GD3 Property Ltd
Ground rent - £0.00
Service charges, Gas, and Water charges (see the breakdown below)
Service charges (Reviewed annually in December) - £1010.45 PA
Gas supply - £605.00 PA
Water supply £272.55 PA
Council Tax band: A (Portsmouth City Council)
EPC Rating - C
Leasehold Information - Tenure - Leasehold
Management: GD3 Property LTD
Service Charges - £1398.43
Gas Supply £840.00
Water Supply £337.20
Ground Rent -
Lease Length - 999 years from 2001
Remaining lease length - 977 years
Council Tax Band - A
EPC - D
Anti-Money Laundering (Aml) - Successful buyers will be required to complete online identity checks provided by SmartSearch. The cost of these checks is £60 inc. VAT per purchase which is paid in advance, directly to the agent. This charge verifies your identity in line with our obligations as agreed with HMRC
Disclosure - All dimensions are approximate and are quoted for guidance only, their accuracy cannot be confirmed. Reference to appliances and/or services does not imply they are necessarily in working order or fit for the purpose. Buyers are advised to obtain verification from their solicitors as to the Freehold/Leasehold status of the property, the position regarding any fixtures and fittings, and where the property has been extended/converted as to Planning Approval and Building Regulations compliance. These particulars do not constitute or form part of an offer or contract, nor may they be regarded as representations. All interested parties must themselves verify their accuracy. Where a room layout is included this is for general guidance only, it is not to scale and its accuracy cannot be confirmed.
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Broadband availability and predicted speed: obtained from Ofcom on January 11, 2022
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 11, 2022
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Red: One bar, reliable signal unlikely
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Energy Performance data and Internal floor area: obtained on October 21, 2013 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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