Flat for sale in Flat 1, 25 Burgess Road, Southampton SO16

Guide price £45,000
Interested in this property? Call +44 1273 283666 * or Request Details

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Flat for sale - 1 bedroom

1

Tenure:
Not available
Council tax band:
Not available

Property description

For sale by auction on Thursday, 13 Jun 2024 at 2.30pm

Venue: Live Stream

Vacant Leasehold First Floor One Bedroom Flat - In Need of Refurbishment

A first floor leasehold flat comprising of an open plan living room to the front of the property, with the bedroom and bathroom to the rear. The flat is accessed via a communal entrance to the rear of 25 Burgess Road.

Situation

The property is situated within close proximity of Southampton General Hospital, the University and local schools/shops. Southampton town centre and mainline railway station are approximately 2 miles from the property.

Location Pin (What3Words): Bravo.brief.debate




Accommodation

Living Room/Kitchen - 5.5 x 4.87

Bedroom - 3.90 x 3.63

Bathroom - 2.2 x 1.85

Total Floor Area - 52 sq.m.

Nb we draw your attention to the special conditions in the legal pack, referring to buyers premium of £1560 (inc VAT) and other charges in addition to the purchase price. Please ensure you read the special conditions thoroughly

Tenure

Leasehold 99 year lease from 25th March 1988 (approximately 62 remaining)

Ground rent - £75 rising to £300

Ground rent rises every 33 years £75.00/£200.00/£300,00.

Current rent payable £200.00 per annum

Council Tax - Band A

EPC Rating - D

Lot Type
Residential for Improvement

Additional Fees
Administration Charge - Purchasers will be required to pay an Administration fee of 0.5% (inc VAT) of the sale price, subject to a minimum of £1,500 (£1,250 plus VAT)

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

Arrange Viewing

For more information about this property, please contact
Auction House Sussex, BN1 on +44 1273 283666 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Auction House Sussex, and do not constitute property particulars. Please contact Auction House Sussex for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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