1 bedroom ground floor flat for sale

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £45,000

This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

AJM Estates are pleased to present for sale this one bedroom ground floor apartment located on Victoria Road North in the heart of Southsea. This property is perfect for those looking for a peaceful retirement retreat.

In our opinion as you step into this lovely apartment, you'll be greeted by a warm and inviting atmosphere which consists of one large bedroom with a walk-in wardrobe area, large lounge/diner with a walk-through into the kitchen.

The communal garden offers a tranquil space to relax and enjoy the outdoors, while the communal lounge and garden provide a great area to socialise with fellow residents.

One of the conveniences of this property is the communal launderette, making laundry days a breeze. Located in a desirable area, this apartment offers not just a place to live but a community to be a part of.

Although residents/tenants must be over 60 years - Purchasers can be under this age and rent or allow family to reside in the property who is over 60.

AGENT NOTES/MATERIAL INFORMATION:

Resident & visitor parking is available on a first come first served basis only.
Portsmouth City Council Tax Band: B
Energy Performance Rating: D
Broadband estimated availability - Openreach, CityFibre & Virgin Media & EE (Please refer to Ofcom broadband checker for further information)
Mobile Availability - Vodafone limited, Three, O2 & EE likely (Indoor).
Mobile Availability - Vodafone, Three, O2 & EE (Outdoor) Likely.
5G is available -Please refer to Ofcom mobile checker for further information.
Flood Risk - Refer to - (GOV.UK (check-long-term-flood-risk.service.gov.uk)
The property is connected to a mains supply for electric, water and sewerage.

TENURE
Lease commenced: 25/03/1989
Lease term: 125 years
Lease remaining: 90 years remaining
Ground Rent: £150.00 per annum
Service charge: £3,153.00 per annum, which includes water and buildings insurance.

Accommodation comprises:

* Outside
Resident parking available on a first come first served basis, mature communal garden and communal entrance door to:

* Communal Entrance/Inner Hallway
Stairs and lift to all floors, communal lounge and laundry room. On the ground floor front door to:

* Entrance Hallway
Textured ceiling, smooth walls, built in storage cupboard, built in meter cupboard and doors to:

* Lounge/Diner: 5.21m (into bay) x 3.18m (17' 1" x 10' 5")
Double glazed bay window to rear aspect, textured and coved ceiling, smooth walls with intercom entry system, electric storage heater and doors opening to:

* Kitchen: 2.49m x 1.78m (8' 2" x 5' 10")
Furnished with a range of wall and base units, stainless steel sink unit with taps over and drainer, extractor hood and space for fridge/freezer. Textured ceiling, smooth walls with tiling to principal areas and vinyl flooring.

* Bedroom: 3.3m x 2.95m (10' 10" x 9' 8")
Double glazed window to rear aspect, textured ceiling, smooth walls, built in wardrobe and electric storage heater.

* Shower Room
Furnished with a three piece suite incorporating double shower cubicle with electric shower over, vanity wash hand basin with mixer tap over and close coupled WC. Double glazed window to side aspect, textured ceiling, smooth walls with tiling to principal areas, vinyl flooring and heated towel rail.

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

This property is sold on a leasehold basis. The lease length is 84 years and began in 1984. Ground rent of £120.00 is charged. Annual maintenance fees are £3,100.00.