Lot 1 - Flat 23 Furze Court, 118 Wickham Road, Fareham, Hampshire, PO16 7FP

  • Unconditional Online Auction Sale
  • Guide Price* : £70,000

2 bedroom flat, tenanted £725 PCM


Description

FOR SALE BY ONLINE AUCTION - A tenanted 2 bedroom first floor flat with allocated parking and close to Fareham high street with access to the M27 at junction 10. Investment potential. Gross annual yield of 12.4%.

Auction date
To be sold by online auction on Friday 30th April 2021, bidding will open at 10.00AM.

To view
A virtual tour is available. Internal viewings will be conducted in accordance with the Government guidance on Social Distancing, PPE must be worn at all times. Please email to book an appointment at the following time: * Thursday 29 April at 10.00

Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.

Location
* Fareham * Access to M27 at junction 10 * 1.4 miles to Fareham train station * 1 mile to Fareham high street

Description
* First floor flat * Allocated parking space * Tenanted * £725 PCM * 12.4% yield

Accommodation
2 bedrooms, bathroom, kitchen/dining room

EPC rating
E

Tenure
Leasehold

Lease
125 years from 25 December 2014

Local authority
Fareham Borough Council

Legal pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendor’s solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor.

Guide prices
Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.

Additional fees
A buyers charge of £1,200 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.

Outside
Allocated parking space, communal grassed areas

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Log in to view your status

Sold for £116,000

This auction is now closed.

Ended on

Connecting to server...

Agreement Documents

Related Documents

Virtual Tour

Virtual tour

Share