2 bedroom property for sale
Key information
Property description & features
- Two bed flat in Southsea seafront location
• Second floor two bedroom flat
• Desirable Victorian building
• Southsea Seafront location
• Requires modernisation
• Guide / Starting Price of £130,000
Rooms
Auction Property
This property is available via online auction.
Please visit the Berrys website then click "What We Do" and then "Online Auctions".
In order to bid you will need to first register and verify your email then, via the dashboard;
- pass an ID check
- enter your card details
- enter your Solicitor details
Location
The property overlooks Southsea Common and the Sea front in the enviable location of Clarence Parade. Shops, services and amenities are within walking distance.
Description
The property is a two-bedroom second floor flat within a converted period building. The accommodation comprises lounge / diner, kitchen, bathroom and two bedrooms. The flat requires modernisation throughout.
Services
We understand that all mains services are connected however these have not been tested by the agent.
Method of Sale / Tenure
The long leasehold interest is available for sale via Public Online Traditional Auction.
The Vendor reserves the right to withdraw or alter the property prior to the auction end date. The bidding page can be found at . In order to bid, click “Register” and then do the following via the Dashboard;
Pass the ID check
Enter your payment details
Enter your solicitor details.
Auction Legal Pack
This will be available to download from our website Online Auctions (berrys.uk.com) free of charge to those who have registered. It is the Purchaser’s responsibility to make all necessary enquiries prior to the auction and we strongly recommend purchasers instruct a solicitor to assist.
Completion Date
Normally up to 28 days or sooner following exchange of contracts.
Buyer's and Administrative Fees
The successful Purchaser will be required to pay £5,000 on sale. From this a Buyer’s fee of £3,600 inclusive of VAT is retained by Berrys/Bamboo Auctions as a contribution to the online platform costs, and £1,400 forms part of the 10% contract deposit. The purchaser will be required to pay the balance of the 10% contract deposit monies within 24 hours of the auction via their solicitor to the Vendors solicitor.
It will be the purchaser’s responsibility to reimburse the vendors costs for the provision of the Legal Pack and the agents additional administration fee as stipulated.
Definition of Auction Guide and Reserve Price
Guide price(s) is an indication of the Seller’s expectations. Reserve price(s) is a figure below which the auctioneer cannot sell the lot at auction. We expect the reserve will be set within the guide range. Guide prices may change at any time prior to the auction.
Anti-Money Kaundering Act 2007
Under current Money Laundering Regulations 2007 it is a legal requirement for Estate Agents and Solicitors to perform due diligence checks to any person that intends to bid at auction. There will be a requirement for all bidders to register via the online sale site and complete the ID checks. There is no charge for registration.
General Auction Conditions of Sale
1. The highest bidder shall be the purchaser and if any dispute arises between two or more bidders, the Lot or Lots in question shall be put up again at the last undisputed bidding and resold at the Auctioneer's sole discretion.
2. No bidder shall withdraw his bid.
3. All lots shall be taken to with all their faults or misdescriptions if any and the purchase money shall be paid in full at any time during the progress or at the close of the sale, when demanded by the Auctioneers or their clerk. Under no circumstances will any lot be removed from the place of sale without a Delivery Note from the Auctioneers.
4. The risk in the goods shall pass to the Purchaser on the fall of the hammer, but the equitable and beneficial ownership of the goods shall not pass until payment in full to the Auctioneers by the purchaser of all funds due to the vendor has been made.
5. In these conditions of sale, the words "The Goods" shall be deemed to include all manner of things, living or (truncated)
Property information from this agent
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*DISCLAIMER
Property reference TOW230034. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Berrys - Kettering.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 10, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 10, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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