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Our first Auction of 2020 and what a fantastic start to the Year, with a room full of eager buyers and a wide selection of properties to choose from. Everything pointed towards a successful day, and so it proved, with an impressive 80% sales ratio!

Clearly, it would appear that confidence is being restored in the Housing Market and the Auction process is beginning to appeal to an increased audience. Therefore, if you have a property, commercial unit, piece of land, a garage or a lock-up, we would welcome the opportunity to discuss our Auction Services with you.

Please call Steve Sprake or Gary Juryeff 02380 474 274 for a free market appraisal

Welcome to our first auction of 2020 and I hope
that you will find something of interest in our
current catalogue.
Of the 4 Flats on offer, 2 are age restricted but all
represent excellent value in today’s market.
There is a nice little detached bungalow with large
plot and scope to improve over in Havant, plus a
period 3 storey town house in Southsea and an
extended semi in Fareham with a big garden.
Travelling west to Southampton there are 3
houses to choose from, In Highfield one can
buy a traditional semi with 5 bed HMO licence.
Alternatively there is a 3 bedroom home in
Portswood at £180,000 or a detached house
within the highly sought after roads in Bassett.
Finally a rather interesting commercial opportunity
within the modern Freemantle Business Centre. An
affordable 2 storey office building in a courtyard
setting with allocated parking at a guide price of
only £95,000.
Please let us know if there is anything that you
would like to view or alternatively if you are
thinking of selling then call our Auction Team on
02380 474274.
Steve Sprake FNAEA, Auctioneer

LOT 1

95 Telephone House, 70 High Street, Southampton, SO14 2NW

£125,000 + fees*

Offering fantastic views overlooking the river test being situated on the top floor is this spacious one bedroom flat within Telephone House.

LOT 2

FLAT 28, GREEN HAVEN COURT, 84 LONDON ROAD, COWPLAIN, WATERLOOVILLE,  PO8 8EW

£125,000 – £140,000 + fees*

This well presented two bedroom retirement apartment is situated on the first floor in this established McCarthy & Stone retirement development. Features include secure entry system, double glazing, electric heating and skimmed ceilings.

LOT 3

Flat 5, The Sycamores, South Street, Southampton SO45 6ED

£100,000 – £120,000 + fees*

This 2 bedroom first floor flat situated on the edge of Hythe Village and is an ideal purchase for Investors.  The property is in need of modernisation throughout.

LOT 4

19 ABBEY LODGE, BRIDGE ROAD, ROMSEY SO51 8LJ

£137,500 + fees*

A very well presented first floor apartment forming part of this desirable purpose built development designed specifically for the over sixties.

LOT 5

61 Highfield Crescent, Highfield, Southampton SO17 1SG

£250,000 + fees*

This property currently benefits from a HMO Licence, as a five bedroom property within walking distance to Southampton University.

LOT 6

16 FREEMANTLE BUSINESS CENTRE, 152 Millbrook Road East, Southampton, SO15 1JR

£95,000 + fees*

The property comprises a two storey modern office which has been well fitted out with suspended ceilings, category II lighting, perimeter trunking and air conditioning to the first floor. A designated car parking space is held with each of the 21 units, together with a similar number of visitors’ spaces serving the business centre as a whole.

LOT 7 

102 Paxton Road, Fareham, Hampshire PO14 1AE

£259,000 + fees*

This extended three bedroom end of terrace house is conveniently located within a short distance of Fareham’s mainline railway station and town centre.

LOT 8 

6 Cedar Gardens, Cedar Road, Portswood, Southampton SO14 6TG

£180,000 + fees*

This three bedroom terraced property enjoys a secluded position on a private road.  The property is in need of complete modernisation and provides an exciting opportunity for purchasers seeking this type of home.

LOT 9 

120 King Street, Southsea, Hampshire PO5 4EH  

£295,000 + fees*

This deceptively spacious Georgian Townhouse offers generous living accommodation, is spread over three floors and is offered to the market in good condition after being fully decorated throughout.

LOT 10

27 Bassett Row, Bassett, Southampton SO16 7FT

£345,000 + fees*

Set over three floors, this three bedroom detached property enjoys a prominent position in one of Bassetts most highly sought after roads.  From the property it is a short walk to the Southampton Sports Centre and Municipal Golf Course.

LOT 11

4 Park Lane, Bedhampton, Havant, Hampshire PO9 3HH

£275,000 + fees*

This two bedroom detached bungalow requires updating throughout. There is a possibility to extend up into the roof space as a static staircase is currently in situ.

Our last planned Auction for 2019, saw 50% of Lots Sold, with a total Sales Figure of £1,152,500. Whilst everyone gathered in the Room were disappointed to learn of Santa’s absence, the Mince Pies on offer soon atoned for this, and went down a treat! As per previous Auctions, a number of offers have been received for the remaining Lots, so all-in-all, there are still some strong positive reactions, to the Auction properties featured.

With a number of properties already secured for our next Auction on February 5^th 2020, we would strongly urge you to contact us before January 3rd 2020, if you feel that you might have a property ideally suited for Auction. Please contact Auctioneer Steve Sprake or Auction Manager Gary Juryeff for a free no obligation valuation and further indication as to our Auction Services.

Remember that, the ‘Stress is Less’ at Auction!

Merry Christmas and Prosperous New Year from Everyone in the Auction Team

Money Laundering Regulations

The Anti-Money laundering regulations, 4th Directive came into effect on 26th June 2017 and as Property Auctions fall within a ‘relevant business’, it is therefore a requirement of Pearsons to follow certain procedures within this legislation.

As a result, all buyers attending our auctions and transacting business with us must provide relevant documentation in order to prove their identity and place of residence, prior to the Auction.  Buyers should note that these documents are required for these purposes only and copies are taken subject to all Data Protection Regulations.

Documentation Bidders/Buyers must show us:

If you are planning to bid on an auction property, be it on the day or prior to, the documents required are as follows:

We must verify your name and residential address, and will require 1 original document from List A and 1 original document from List B.

You must allow us permission to copy this documentation to enable us to comply with the Data Protection Regulations.  It will be stored and filed for 5 years.

For UK trusts, companies and partnerships, occupational pension schemes, registered charities in England and Wales, local authorities or non UK individuals, you should contact us well in advance of bidding at the auction or buying in advance to confirm the documentation we require.

List A – evidence of identity (including photograph)

– Valid Passport

– Valid Photo Card Driving Licence (full or provisional)

– National Identity Card (non UK nationals)

– Firearms Certificate or Shotgun Licence

– Identity Card issued by Electoral Office for Northern Ireland

List B – evidence of residence (showing your name and address)

– Valid Photo Card Driving Licence (if not used for List A)

– Utility Bill issued within the last 3 months (12 months if the billing is annual)

– Council Tax Bill for current year – Bank or Credit Card Statement issued within the last 3 months

– Mortgage Statement issued for the last full year

– HMRC correspondence issued within the last 12 months (not online)

– Correspondence from a regulated solicitor issued within the last 3 months

– TV Licence letter for the current year.

Purchasing on Behalf of Someone Else:

If you are attending the auction on behalf of someone else, you must be able to provide proof of both your own identity and place of residence and certified copies of the identity and residence of the person that you are bidding on behalf of.  Certified copies must be of original documentation and bear an original signature of the person certifying the document and signed as “true certified copies bearing a true likeness’ Only copies certified by a UK Lawyer, authorised financial intermediary such as an independent financial advisor, FCA regulated mortgage broker, certified accountant, teacher, doctor, minister of religion, postmaster or sub-postmaster will be applicable. All of the above must be capable of being contacted by telephone by us prior to you buying and/or on the day of the auction.

Queries and contacting us

If you have any queries relating to the above please contact us at auctions@pearsons.com or 023 8047 4274, particularly if you are considering bidding either at or prior to an auction, under such circumstances it is advisable to contact us well in advance of the Auction Date.

19 ABBEY LODGE, BRIDGE ROAD, ROMSEY SO51 8LJ

OLD GUIDE PRICE – £150,000

NEW GUIDE PRICE – £137,500

• SPECIFICALLY FOR THE OVER 60’S
• WELL PRESENTED FIRST FLOOR FLAT
• DOUBLE BEDROOM

14 Catisfield Road, Catisfield, Fareham, Hampshire PO15 5QF

TENURE                       Freehold

GUIDE PRICE               £299,995 + fees*

LOCATION                   Catisfield Road is a popular location within easy reach of Fareham’s extensive town centre facilities as well as local shops and services in Highlands Road and the sought after village of Titchfield.  For those wishing to commute, the area has excellent transport links including the mainline railway station and M27 motorway for travel both east and west bound.

DESCRIPTION              This extended three bedroom detached house benefits from sitting on a corner plot and is located within a much requested area of Catisfield, Fareham.

3 Well Meadow, Havant, Hampshire PO9 4LW

TENURE                       Freehold

GUIDE PRICE               £170,000 + fees*

LOCATION                   The property is located within approximately two miles of Havant Town Centre, which offers comprehensive shopping to satisfy most everyday needs, mainline railway station (London Waterloo 80 mins), bus station, health and leisure centre etc.

DESCRIPTION              This three bedroom mid-terrace house has been extended by the present owner but is in need of modernisation.

11 COATES WAY, WATERLOOVILLE, HAMPSHIRE PO7 7NW

TENURE                       Freehold

GUIDE PRICE               £190,000 + fees*

LOCATION                   Conveniently situated with local schools, bus links and shops being nearby with Waterlooville Town Centre only a short drive away.

DESCRIPTION              This three bedroom end of terraced house is in need of some modernisation.

12 St Ann’s Road, Southsea, Hampshire, PO4 9AT

TENURE                       Freehold

GUIDE PRICE               £175,000 + fees*

LOCATION                   St Anns Road is situated just north of Highland Road and therefore has an abundance of shops and restaurants right on the doorstep. There are regular bus services passing close by for those that need to commute to other parts of the City and easy links out of town via the Eastern Road together with the mainline Railway Station on Fratton Bridge. There is a good selection of local schools within comfortable walking distance.

DESCRIPTION              This three bedroom mid terrace property is situated in a popular ‘horse shoe’ of roads providing a quiet setting, just back from the facilities on Albert Road and Highland Road. Generally well presented throughout and with a nicely landscaped south facing rear garden.

19 ABBEY LODGE, BRIDGE ROAD, ROMSEY SO51 8LJ

TENURE                       Leasehold

GUIDE PRICE               £150,000 + fees*

LOCATION                   Abbey Lodge is well situated within a ten to fifteen minute level walk of Romsey town centre and its excellent amenities which include a Waitrose superstore, a fine range of shops, bars and restaurants and bus and train stations with direct links to Winchester, Salisbury and Southampton.

DESCRIPTION              A very well presented first floor apartment forming part of this desirable purpose built development designed specifically for the over sixties.

33 Irving Road, Southampton, Hampshire SO16 4EF

TENURE                       Leasehold

GUIDE PRICE               £105,000 + fees*

LOCATION                   The property is situated within close proximity to Southampton General Hospital, City centre and offers good access routes to the M27 & M3. In addition the property is within walking distance to local shops and public transport.

DESCRIPTION              A three bedroom purpose built apartment providing an excellent ‘buy to let’ opportunity. The property is in need of modernisation but offers excellent potential.

118 Tremona Road, Shirley, Southampton SO16 6HT

TENURE                       Freehold

GUIDE PRICE               £189,950 + fees*

LOCATION                   Tremona Road is in the Shirley area of the City and is within walking distance of Southampton General Hospital, it is also a good location for local bus services to and from both nearby Shirley High Street and the City Centre of Southampton.

DESCRIPTION              Offered to the market is this spacious three bedroom semi-detached property in a great location for investor buyers. The property is in need of updating and provides potential for an investor or first time buyer.

157 Bishops Road, Itchen, Southampton, SO19 2FF

TENURE                       Freehold

GUIDE PRICE               £145,000 + fees*

LOCATION                   The property is in a popular residential area just north of Woolston’s wide range of shopping and Southampton city centre is less than one and three quarter miles via the Itchen Bridge.  There is a local train station on the Portsmouth/Southampton line.

DESCRIPTION              This semi-detached family home is in need of general refurbishment but offers the ideal opportunity to create an individual home tailored to their own personal design and choice.

159/159a Eastney Road, Southsea, Hampshire PO4 8EA

TENURE                       Freehold

GUIDE PRICE               £170,000 – £220,000 + fees*

LOCATION                   This stretch of Eastney Road has a bustling selection  of shops and eateries and has close access to the recreational facilities at nearby Bransbury and Milton Parks.

DESCRIPTION              A rare opportunity to be able to acquire a vacant freehold residential/commercial investment, within this thriving local shopping area.

10 Coombe Farm Avenue, Fareham, Hampshire PO16 0TR

TENURE                       Freehold

GUIDE PRICE               £189,950 + fees*

LOCATION                   Coombe Farm Avenue is centrally located within walking distance of Fareham town centre which provides a comprehensive range of shopping and banking facilities. There are local shops in Redlands Lane and Gosport Road for day to day requirements

DESCRIPTION              A two bedroom semi-detached bungalow located in a popular residential position benefiting from its own driveway, detached garage and generous rear garden.

79 Gosport Road, Stubbington, Fareham PO14 2AF

TENURE                       Freehold

GUIDE PRICE               £299,995 + fees*

LOCATION                   There are local shops for day to day requirements in the Stubbington Village, whilst more comprehensive facilities can be found in Fareham town centre. The seafront of Lee on Solent is within easily travelling distance.

DESCRIPTION              An individual detached family home located on a large plot requiring general updating and modernisation.

THE COACH HOUSE, VICARAGE LANE, HAMBLEDON, PO7 4RP

TENURE                       Freehold

GUIDE PRICE               £400,000 + fees*

LOCATION                   Situated in the heart of the much sought after Village of Hambledon. Vicarage Lane runs from the Main Street up a gradual incline and nestles just inside and retains much privacy.

DESCRIPTION              The Coach House was originally owned as part of the old Vicarage with the current owners undertaking a conversion in the early 1970’s. This distinctive property enjoys its own character and there is ample scope for those seeking to undertake any improvement and enhancements.

FOR SALE BY PUBLIC AUCTION on 6th November 2019 at 11am at Cams Mill, Cams Hall Estate, Fareham, Hampshire, PO16 8AA. OPEN DAY THURSDAY, 31ST OCTOBER 2019 STARTING AT 10:30AM. BOOK NOW FOR AN APPOINTMENT TO VIEW.

A superb opportunity to purchase this extended older style five bedroom detached house sitting on a 0.38 acre plot (promap) within a much requested non-estate position in Portchester. The internal accommodation, which is in need of complete modernisation, comprises entrance hallway, sitting room, dining room, 23′ family room, kitchen opening onto the 16′ breakfast room, utility and shower room. To the first floor, there are five bedrooms, family bathroom, and the main bedroom benefits from a dressing room and en-suite bathroom. Outside there is an ‘in and out’ driveway, GARAGE and sizeable rear garden which is in need of cultivation.

Final Addendum Form 16th OCTOBER 2019

Please click on the above link to download a copy of the final addendum,  alternatively see below.

Lot 3 –  115a Deans Road, Southampton has sold prior to auction.

Lot 5 – 85 First Avenue, Portsmouth has sold prior to the auction.

Lot 6 – 15 White Ladies Close, Havant has sold prior to auction.

Lot 7 – 121 Earls Road, Southampton is a leasehold property (not freehold) and the guide price has

been reduced to £145,000.

Lot 8 – St Francis Chapel, Fareham has been withdrawn from the auction

Lot 11 –  2 Keswick Avenue, Portsmouth the guide price has been reduced to £210,000.

After another successful auction in August we felt
that it was time to review our current acheivments
for the year. As a very active local auction
department, which is enhanced by our strong
network of sales branches; we are able to give
precise figures year to date reflecting the efforts of
this well established and personal team.
Being able to deal with all aspects of property
related business we attract lots throughout
Hampshire and the Isle of Wight ranging from land
to investment and rental homes, short leases, small
commercial units plus any residential property
whatever the condition.
So far in 2019, of the individual propeties offered,
in a very testing market place, our success rate
for sales stands at 67%. This figure is quite similar
to recent years, the main difference is that there
are a lot more sales being agreed outside of the
room, either before or after but still on an auction
contract.
Overall there is still confidence in the market
providing prices are keen and this coupled with the
fact that the auction attracts predominantly cash
buyers means that when the hammer goes down
contracts are exchanged with a 20 working day
completion.
It does make sense to at least investigate selling/
buying at auction and to be honest it is far less
stressful.
We look forward to seeing you at Ageas Bowl
Cricket Ground on the 16th October.
Steve Sprake FNAEA, Auctioneer