1 bed flat for sale

Victoria Road North, Southsea, Hampshire PO5

****Available to cash and mortgage buyers****

Situated in the heart of the ever-popular Victoria Road North, this one-bedroom split-level flat offers an excellent opportunity for first-time buyers, investors, or those looking for a property they can modernise and add value to.

Arranged over four levels, the property provides well-proportioned accommodation with a large living area, separate kitchen, double bedroom and bathroom. While the flat would benefit from some updating and improvement in places, it presents a fantastic blank canvas for purchasers looking to put their own stamp on a home.

One of the property’s standout features is its highly sought-after central Southsea location. Victoria Road North is perfectly positioned within walking distance of an excellent selection of independent shops, cafés, bars and restaurants, as well as the seafront, Palmerston Road shopping precinct and Fratton railway station, offering convenient transport links for commuters. The area is renowned for its vibrant atmosphere and strong rental demand, making this an attractive proposition for both owner-occupiers and buy-to-let investors.

Early viewing is highly recommended to appreciate the potential and exceptional location this property has to offer.

This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable
consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack.
The buyer will also make payment of £300 inc. VAT towards the preparation cost of the pack. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.