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2 Bed Flat, Cash/Bridging Only, Southampton, SO14 0LQ £50,000

Flat 2, 28 Cranbury Avenue, Southampton, Hampshire, SO14 0LQ - 9 views - a year ago
  1. Deal Search
  2. Southampton
  3. SO14
  4. SO14 0LQ
Leasehold
Auction
Cash
ROI: 13%
~68 m²

ValuationFair Value

This may not be accurate, please check manually.

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Links

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  • More Deals in SO14
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  • More Cash/Bridging Only Deals in SO14

Property History

Listed for £50,000

January 3, 2025

Description

  • Leasehold +

Two Bedroom Ground Floor Flat with Parking and Long Lease - Leasehold & Vacant Possession

Guide Price £50,000 to £100,000 * Buyers Premium Applies

For sale by unconditional online auction.

To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk

Town & Country Property Auctions are delighted to offer For Sale by Public Auction this two bedroom ground floor apartment within close proximity to the city centre. The property benefits from a modern fitted kitchen leading to lounge/ diner. Two bedrooms, bathroom with shower over bath, off road parking for 1 car and double glazed windows. The property would be an ideal buy to let and is vacant.

The property will be entered into our 12th February 2025 auction which is held online and starts at 10am. You must register to bid and download the legal pack.

PROPERTY FEATURES
. Two Bedroom Flat
. Open Plan Kitchen/ Lounge/ Diner
. Modern Kitchen with Appliances
. Bathroom
. Off Road Parking
. Market Value: £150,000 to £175,000
. Rental Value Per Month: £1200
. 28 Day Completion
. Cash Buyers Only

ADDITIONAL INFORMATION
. Property Tenure: Leasehold
. Length of lease remaining: 91 Years Approx
. Annual Ground Rent: £5
. Annual service charge: As and When + Annual Insurance

OPEN DAYS / VIEWING ARRANGEMENTS
We will be holding open viewing time slots on the following days and times. If you are unable to attend those times, please call us on .

. Date / Time
. Date / Time
. Date / Time

The property is available for viewing immediately. Please contact Town & Country Property Auctions for more information and to register for the auction. The auction will be held online, and registration is now open.

Tenure
Leasehold

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 10% deposit and a 2%+VAT (subject to a minimum of £6,500+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Agent Details

Town & Country Property Auctions, Bournemouth

01202 125862

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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