A First Floor Two Bedroom Maisonette Subject to an Assured Shorthold Tenancy Producing £9,000 per annum

The property comprises a first floor two bedroom maisonette situated within a converted semi-detached house arranged over ground and first floors.

Tenure

Long Leasehold. The property is held on a 999 year lease from 27th January 1983 (thus approximately 965 years unexpired).

Location

The property is situated on a residential road in Southampton close to local shops and amenities. The open spaces of Watts Park are within easy reach. Transport links are provided by Southampton Central rail station.

Accommodation

Ground Floor Entrance First Floor Reception Room Two Bedrooms Kitchen Bathroom with WC & wash basin

Exterior

The property benefits from a rear garden.

Tenancy

The property is subject to an Assured Shorthold Tenancy for a term of 12 months commencing 26th August 2016 at a rent of £750 per calendar month.

Current Rent Reserved £9,000 per annum

Legal Pack Received

False

Addendum

Please note that this property is subject to a Buyers Premium of £750 + VAT. This is in addition to the buyer's admin fee of £650 + VAT charged by the auctioneers.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

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