Lot 7 - 29 City Road, Winchester, Hampshire, SO23 8SD

  • Unconditional Online Auction Sale
  • Guide Price* : £700,000

Residential Freehold with 10 bedsitting rooms - for investment or redevelopment, subject to planning permission


Description

FOR SALE BY ONLINE AUCTION - Occupying a landmark position within the historic town centre, a substantial vacant three storey period building with 10 bed-sitting rooms suitable for letting investment, or re-development, subject to planning permission. 6 week completion available.

Auction date
To be sold by online auction on Friday 24 September 2021, bidding will open at 10.00.

To view
Please call 01344 753 120 to book an appointment at the following times: * Thursday 02 September at 13.00 * Tuesday 07 September at 13.00 * Thursday 09 September at 13.00 * Tuesday 14 September at 13.00 * Thursday 16 September at 13.00 * Tuesday 21 September at 13.00

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
* City centre * Close to West Gate * Short walk to mainline train station, London - Waterloo * Excellent access to M3 junctions 9, 10 & 11

Description
* Period three storey building * Potential for development, subject to planning permission * Suitable for investment

Accommodation
Comprises:

Ground floor
Entrance hall, communal living area, office, kitchen. 2 bedrooms, shower room with WC

First floor
4 bedrooms, shower room, WC

Second Floor
4 bedrooms, bathroom, WC

Note
All bedrooms have a kitchen area with a sink and the majority have built in storage cupboards

Outside
Rear courtyard style garden

EPC rating
D

Tenure
Freehold with vacant possession

Local authority
Winchester City Council - 01962 840 222

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

* 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.

Bidding not yet open
Minimum Opening Bid

£690,000


Bidding Opens On
24th Sep 2021 10:00
Scheduled End Date

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Virtual Tour

29 City Road Winchester Virtual Tour

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