2 Bedroom 1^st Floor Maisonette, 106D Churchill Court, Eastney Road, Southsea, PO4 9HZ

Overview

Hammer Price Homes are delighted to present for sale by online auction this vacant & chain free, 2 bedroom maisonette, set out over two floors in Southsea.

This property is offered with a short lease (48 years remaining) and is therefore open to cash buyers only (See special conditions and other information for more details, including lease extension costs)

The accommodation briefly comprises: The entrance to the maisonette sits on a shared external first floor landing (see photographs). On the first floor is a hallway leading to a sitting / dining room and a kitchen, on the second floor there are 2 bedrooms, both with built in wardrobes and a bathroom. The property also benefits from having a separate ground floor storage unit.

The property is in need of enhancement and presents a good opportunity for those who are looking for a modernisation project.

To view this property please visit the Hammer Price homes website, register as a buyer and book in for an open day.

Location

Churchill Court is conveniently located close to a selection of local amenities that are readily available on Eastney Road. Portsmouth City Centre can be reached in around 5 minutes by car and provides easy access to a more extensive range of amenities such as bars, restaurants, shops, a shopping centre, Portsmouth & Southsea train station and the University of Portsmouth. The Queen Alexandra Hospital can also be reached in just over 10 minutes by car.

One of the property’s main selling points is its close proximity to the coast, with Southsea and Eastney beeches located within walking distance from here.

Other Information

Tenure: Leasehold : (short lease : 48 years remaining)

Lease extension costs: The freeholders have provided costs to extend the lease by a further 90 years, the costs for this is £24,000 plus legal and surveying costs. For further details, see the document titled ‘lease extension costs’ available for download above. The lease extensions should be done post completion.

Service charge: £75 per month

Auction Details

** Open to cash buyers only. 90 Days to complete and no deposit payable**

Please note that there is a Reservation fee (2.4% Inc. VAT) payable by the buyer on winning the auction. The reservation fee does not constitute part of the sale price, this is the auctioneer’s fee and is to be paid over & above the sale price paid to the Vendor.

To view the property you must register and book on one of the open days as detailed above. (Please note: Entrance will be refused if you are not on the list so please make sure you book your place using the online system. Lists close 24 hours before the open day starts so book in plenty of time.)

Auction ends – Thursday 14^th November at 1pm (please read anti-sniping rules which may extend the auction)

Bidding Window Opens – Tuesday 12^th November 2019 (Please note bidding won’t be possible until this time)

Starting price – £55,000 (Reserve price is higher & unpublished)

How to make an offer

Offers can only be made via the online auction in the form of a bid once the bidding window has opened. No offers will be accepted outside of the auction process.

Once a sale has been agreed (STC) and a price agreed then no further price negotiation will take place. This sale price is fixed and the buyer honoured to pay it. Should the buyer withdraw then they may have to forfeit the reservation fee.

Please read the buyer terms and FAQ’s on the site for more details.

This is a probate property sold with vacant possession and is sold as seen. The administrator and solicitor may not be able to answer the usual pre-contract questions.