waverley apartments, southsea

Studio | Guide Price £691,200

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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 fantastic investment portfolio of 4 apartments and a store room (potential for converting to create a 5 apartment) along with the Freehold of a striking period building. Please note one other leasehold apartment is owned by another party. The apartments are all fully furnished and currently let on AST's providing an annual income of £42,180...

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 fantastic investment portfolio of 4 apartments and a store room (potential for converting to create a 5 apartment) along with the Freehold of a striking period building. Please note one other leasehold apartment is owned by another party. The apartments are all fully furnished and currently let on AST's providing an annual income of £42,180 per annum. With modern kitchen and bathroom fittings, the apartments are all presented in good decorative order throughout.

APARTMENT B:
1 bedroom, hall/entrance floor apartment. Bay-fronted living room. Rent: £1000 per calendar month. Council Tax Band B £1,540.59 for the year 2023/2024

APARTMENT C:
1 bedroom first floor apartment. Open plan kitchen/living area. Rent: £895 per calendar month. Council Tax Band A £1,320.51 for the year 2023/2024

APARTMENT D:
Studio, first floor apartment. Rent: £725 per calendar month. Council Tax Band A £1,320.51 for the year 2023/2024

APARTMENT E
A store room. Potential for conversion to a studio apartment by splitting accommodation with Apartment F, creating two studio apartments.

APARTMENT F:
1 bedroom, second floor apartment. Separate kitchen and living area. Rent: £895 per calendar month. 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.

Council Tax band: TBC

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as the landlord I can advise we are more than happy with the high standards Pearsons has and not to mention the level of service I receive personally from Alice and have received from Kate over the past 2 years. I wanted to take this opportunity to personally thank Alice for going above and beyond managing our letting and please don't think that us arranging for a private tenant moving forward is any reflection on the level of service we have received.
M

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