Auction Properties

Price Information:

* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.



Paxton Road, Fareham


Auctions Office

62 HIGH STREET, WEST END, SOUTHAMPTON SO30 3DT

Estate Agents in Auctions : Pearsons Auctions : 0 Bedroom Property : Paxton Road, Fareham : Contact Us023 8047 4274



Property Information

Property




For sale by public auction on 8th May 2019 at the Ageas Suite, Ageas Bowl Cricket Ground, Botley Road, West End, Southampton SO30 3XH at 11am.
Description
A popular Investment opportunity with a chance to acquire the freehold of this modern block of 11 apartments. All properties are held on 125 year leases which commenced on the 25th March 2004. Ground rents are payable at £200 per flat per annum with a total income of £2,200 per annum.
*ADDITIONAL FEES:
Buyers Admin Fee: £600 inc VAT (£500 + VAT), there is also a buyers premium of £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. For the full legal pack please call the auction department.

 

 
NOTE: These particulars are intended only as a guide to prospective Purchasers to enable them to decide whether to make further enquiries with a view to taking up negotiations but they are otherwise not intended to be relied upon in any way for any purpose whatsoever and accordingly neither their accuracy nor the continued availability of the property is in any way guaranteed and they are furnished on the express understanding that neither the Agents nor the Vendors are to be or become under any liability or claim in respect of their contents. Any prospective Purchaser must satisfy himself by inspection or otherwise as to the correctness of the particulars contained.