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Guide price
£165,000

2 bedroom apartment for sale

Mark Anthony Court, Hayling Island, Hampshire
Auction
Apartment
2 beds
1 bath
764 sq ft / 71 sq m
EPC rating: C
Added > 14 days

Key information

TenureShare of freehold
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Share of freehold (245 years remaining)
  • For sale by online auction
  • 6 weeks’ completion
  • First floor apartment
  • 2 bedrooms
  • Good condition
  • Sold with vacant possession
  • Investment potential

Video tours

A 2 bedroom first floor apartment in good internal order with private balcony, car port and garage, located in a popular development close to seafront and central amenities. Sold with share of freehold and no Ground rent, management charges of approximately £230 pcm this includes usage of communal launderette, and swimming pool. Ideal for owner occupation or letting investment with an estimated rent of £1,100 PCM depending on condition, gross yield 8% PAX.

Rooms

Auction
To be sold by online auction (unconditional) on Thursday 27th February 2025 with a 6 WEEK COMPLETION, bidding will open at 10.00.

To view
Viewings will be conducted prior to the auction, please visit our website to book an appointment at firstforauctions.co.uk

Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.

Tenure
Share of freehold

Lease
299 years from 25th December 1971 - 246 years remaining.

Ground rent and service charge
Please see legal pack for further details.

EPC rating
C

Council tax band
B - Havant

Legal pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendor's solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor.

Guide prices
Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.

Additional fees
A buyers charge of £1,500 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.

Deposit
If you are the highest bidder when the auction ends, contracts are exchanged between you and the seller. Both parties are legally bound to complete the transaction as per the special conditions in the legal pack. Your card will be automatically debited for the bidder security amount of £6,000 and we’ll require the remaining balance for a 10% non-refundable deposit. We will contact you after the auction has finished to make these arrangements.

Pre-auction offers
These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the “Terms & Conditions - Unconditional Auction".

Mortgage Finance
We advise all bidders who require a mortgage to confirm with their Financial Advisor as to whether or not the lot you are interested in would be suitable security to borrow finance against, prior to bidding. If you need to arrange a mortgage it is important that you obtain an offer from your lender before the day of the auction. Most building societies and banks will instruct a surveyor to prepare a valuation report before making a mortgage offer.

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About this agent

First for Auctions - National
First for Auctions - National
23 Market Place Wokingham RG40 1AP
01344 527052
Full profileProperty listings
Buy or sell property quickly with our monthly online property auctions. The experienced team has over 20 years experience helping people to sell their
property or land at auction. Online property auctions offer one of the fastest, transparent, and effective ways to sell your property. First for Auctions has a
dedicated website for customers who may benefit from buying or selling property at auction to browse and bid on property lots, as well as read our specific
auctions advice. With all of our auctions taking place online, we are able to offer these services across the country. Our experienced team are c... Show more
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