After the success of our Property Auction this week our flat in West Street, Fareham is surprisingly still available.

WEST STREET FRONT

An incredibly spacious 3 bed maisonette split onto two floors this property offers great scope to improve and would be an ideal rental due to its central location.

WEST STREET BEDROOM 1WEST STREET LOUNGE

Please call our Auction Department for further details or to arrange a viewing on 023 8047 4274.


For Sale by Auction on Wednesday 17th February 2016
starting at 11am
Hilton Hotel Ageas Bowl, Botley Road, West End, Southampton, SO30 3XH

Meadowbank Road, Fareham, PO15 5LF
Auction Guide Price £160,000

Viewing date scheduled for Friday 12th February between 12noon-1pm

MEADOWBANK RD FRONT

An ideal opportunity to purchase a detached bungalow with a regulated tenant who has been in residence since 1989. The property briefly consists of an entrance hall, lounge, two bedrooms, kitchen, bathroom and lean-to extension. Off road parking is available to the front and rear, whilst a shared driveway runs alongside the property providing access to the GARAGE. There is an attractive rear garden mainly laid to lawn.

To secure a viewing time slots on the above date
please contact Pearsons Fareham on 01329 288241


Prime Shop with Office Investment for sale at our forthcoming Auction on 
Wednesday 17th February 2016 starting at 11am

66 – 66c High Street, Andover, SP10 1NG 
Auction Guide Price £225,000 – £250,000 for the Freehold

 LOT 6 - HIGH STREET, ANDOVER FRONT

* Return frontage
* Vacant possession upon completion
* First floor offices let to good convenant at £6,000 pa with 5 years remaining
* Potential rental from ground floor £18,000-£20,000 pa

For further information or to view contact
Pearsons Auction office on 023 8047 4274 or auctions@pearsons.com


For Sale by Auction on Wednesday 17th February 2016
starting at 11am
Hilton Hotel Ageas Bowl, Botley Road, West End, Southampton, SO30 3XH

First Floor Flat, 61 West Street, Fareham, PO16 0AT
Auction Price Guide £90,000

Viewing day scheduled for Friday 12th February 10.30-12noon

WEST STREET FRONTWEST STREET LOUNGEWEST STREET BEDROOM 1

Spacious first floor maisonette situated in the heart of Fareham Town Centre
and within walking distance of the mainline railway station
The property is in need of complete modernisation throughout

To secure a viewing time slot on the above viewing date
please contact Pearsons Fareham on 
01329 288241 or email fareham@pearsons.com


The UK’s leading property auctioneer says that the impending stamp duty hike due to come into force in April has been the major driver behind a record rise in lot entries this month.

Auction House, in conjunction with Pearsons in West End, Southampton, says that 703 lots have been entered in its first round of auctions between 28 January and 26 February – a 13% rise compared to the same period last year.

Steve Sprake, Pearsons Auctioneer said: “The Chancellor’s introduction of an additional 3% stamp duty for investors and second-home owners has sent an adrenaline rush through the market. We have worked hard to publicise the short window that he created for sellers and buyers, and this has certainly helped boost entries into our February auctions.

STEVE SPRAKE (3)

“Whilst the precise details won’t become available until the Budget is unveiled next month, canny purchasers are realising that buying now prevents them being caught out by the tax surcharge, whatever form it may take.”

Recent reports have suggested that buy-to-let landlords are poised to sell 500,000 homes in the next year, followed by another 100,000 expected to be sold each year until 2021.

Steve added: “I’m not convinced that the number of properties hitting the market will be quite as high as the reports suggest. But two things we know for sure: that the tax rise will come into place from 1 April 2016, and that properties will need to have completed by this date – not simply to have exchanged – to avoid the higher rate. With the Budget scheduled for 16 March, which gives us a mere two weeks between having certainty of the details and the changes coming into effect.

“Nevertheless, our February auctions provide a chance for buyers to guarantee beating the stamp duty hike in a climate of low interest rates, with those selling benefitting from strong demand, lively bidding and a higher hammer price.

“Early March sales with shortened completion periods can also deliver purchases at the old Stamp Duty rates – but sellers will need to act quickly to capitalise on the opportunity.”


For Sale by Auction on Wednesday 17th February 2016
starting at 11am
Hilton Hotel Ageas Bowl, Botley Road, West End, Southampton, SO30 3XH

18 Woodmill Lane, Bitterne Park, Southampton
Auction Guide Price £185,000

Additional viewing date for Thursday 11th February 3-4pm

WOODMILL LANE FRONT

Detached three bedroom family house situated on the eastern side of Southampton
offering good access to local facilities and schooling.
Modernised throughout and in good decorative order this detached home also benefits
from central heating, double glazing and off road parking.

To confirm your attendance on the above viewing date
please contact Pearsons Auctions on 
023 8047 4274 or email auctions@pearsons.com


For Sale by Auction on Wednesday 17th February 2016
starting at 11am
Hilton Hotel Ageas Bowl, Botley Road, West End, Southampton, SO30 3XH

First Floor Flat, 61 West Street, Fareham, PO16 0AT
Auction Price Guide £90,000

Viewing day scheduled for Thursday 4th February 12.30-2pm

WEST STREET FRONTWEST STREET LOUNGEWEST STREET BEDROOM 1

Spacious first floor maisonette situated in the heart of Fareham Town Centre
and within walking distance of the mainline railway station
The property is in need of complete modernisation throughout

To secure a viewing time slot on the above viewing date
please contact Pearsons Fareham on 
01329 288241 or email fareham@pearsons.com