granada apartments, southsea

SALE BY PUBLIC AUCTION: Wednesday 13th December 2023 Held in The Ageas Bowl, Botley Road, West End, Southampton SO30 3XH at 11am.

To be sold by Public Auction, is this striking detached residence, comprising 6 apartments, just moments from the seafront to include the Freehold of the building. All of the apartments are currently let and achieving an annual income of £72,780. Please note that there is one leasehold apartment in the building owned by another party and not included within this lot. The apartments are fully furnished, well-appointed and in good decorative order throughout and would make an excellent ready-made investment portfolio for a discerning purchaser.

APARTMENT A:
Fully furnished 2 bedroom (one double, one single) lower ground floor apartment with a large hallway with space enough for a study area. Private entrance and courtyard area. Currently let and achieving £975pcm (£11,740pa) Council Tax Band A £1,320.51 for the year 2023/2024

APARTMENT B:
Fully furnished 2 bedroom lower ground floor apartment with bay-fronted living room. Currently let and achieving £975pcm (£11,740pa) Council Tax Band A £1,320.51 for the year 2023/2024

APARTMENT C:
Fully furnished 2 bedroom apartment situated on the hall/entrance floor. Dual aspect living room. Currently let and achieving £1,200pcm (£14,400pa including bills) Council Tax Band A £1,320.51 for the year 2023/2024

APARTMENT D:
Fully furnished 2 bedroom apartment situated on the hall/entrance floor. Bay windows in living area at the front and bedroom at the rear. Currently let and achieving £995pcm (£11,940pa) Council Tax Band A £1,320.51 for the year 2023/2024

APARTMENT 2:
Fully furnished 1 bedroom apartment situated on the second floor. Open plan kitchen/living area. Currently let and achieving £995pcm (£11,940pa) Council Tax Band A £1,320.51 for the year 2023/2024

APARTMENT 3:
Fully furnished 1 bedroom apartment situated on the second floor. Open plan kitchen/living area. Currently let and achieving £925pcm (£11,100pa) 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, www.pearsons.com FOR FURTHER DETAILS.