CHARTERED SURVEYORS AUCTIONEERS ESTATE AGENTS VALUERS

Auction Guide Price £125,000 - Available

Ashby Place, Hampshire

1 bedroom - Flat
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Description

TO BE SOLD BY PUBLIC AUCTION THURSDAY 27th FEBRUARY 2020.GUIDE PRICE: £125,000.OF INTEREST TO OWNER-OCCUPIERS AND INVESTORS: WONDERFULLY CONVENIENT location adjacent SOUTHSEA SHOPPING CENTRE for this MODERN ONE BEDROOM TOP (2nd) FLOOR APARTMENT. Benefits from LIFT service, gas fired CENTRAL HEATING, replacement DOUBLE-GLAZING, and SECURE ENTRY. Now VERY KEENLY GUIDED to reflect the NEED FOR SOME REFURBISHMENT.Built around 1995, ''Grace Court'' is an attractive three-storey mews-style residential development comprising just nine apartments. It is positioned immediately off Osborne Road, a level walk of less than 200 yards from Palmerston Road Precinct and within comfortable reach of the wide-ranging public amenities provided by Central Southsea, The Seafront, and historic Old Portsmouth.

Flat 7 itself has been the subject of various improvements over recent years (including a contemporary shower suite) but now requires some attention, notably to kitchen fittings as well as decor throughout. This is considered a good "blank canvas" opportunity well-suited to an owner-occupier or investor (rental yield circa £8,500 p.a. - 6.75% approx gross yield) Full particulars are as follows:


Pair of automatic wrought-iron vehicular gates, with secure access and entryphone system, leading via an underpass to:

MAIN ENTRANCE
Having glazed door to:

COMMON LOBBY
Lift and stairs to upper floors.

FLAT 7

ENTRANCE HALL
Coved, textured Artex ceiling. UPVC replacement double-glazed window to rear elevation. Single panel radiator. Security intercom telephone.

SHOWER & W.C. 7'3 x 5'10
(Formerly with bath). Contemporary white suite comprising: handbasin with mixer tap, tiled splashback and cupboard under, low flush w.c. with concealed cistern, and corner shower cubicle with 'Mira' mixer. Single panel radiator. Coved, textured Artex ceiling with spotlight.

KITCHEN 13'0 x 9'9
Range of fitted base and wall cupboards, work surfaces with tiled surround, single drainer acrylic inset sink with mixer tap. Incorporating: electric oven and 4-ring gas hob with extractor canopy. Plumbing for washing machine. Double panel radiator. 'Vaillant' gas fired central heating and hot water combination boiler. UPVC replacement double-glazed window to rear elevation. Part-coved and part-Artex ceiling.

BEDROOM 15'8 x 9'8
Coved, textured Artex and part-sloping ceiling with 'Velux' roof window to the side. UPVC replacement double-glazed window to front elevation. Double panel radiator.

LIVING ROOM 14'0 x 13'8
Coved, textured Artex ceiling. UPVC replacement double-glazed window to front elevation. Double panel radiator.

PARKING
A residents' parking scheme operates in the immediate area (not including the car park opposite).

GENERAL INFORMATION
Tenure: 125 years Leasehold from 1995. The building FREEHOLD is owned by a residents' management company.
Maintenance Charge: £140 per month.
Ground Rent: Nil.
Council Tax: Band 'A' - £1,110.57 p.a.

VIEWING
By appointment with AUCTIONEERS,
D. M. NESBIT & CO.
(17143/024043)


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Key Contacts

Southsea Office

7 Clarendon Road, Southsea, Portsmouth
Hampshire PO5 2ED

Tel: 023 9286 4321

Robin Evans - Head of Residential Sales
robinevans@nesbits.co.uk

Kim Evans - Senior Negotiator
kimevans@nesbits.co.uk

Hannah Prichard - Sales Assistant
hannah@nesbits.co.uk

Jackie Evans - Sales Assistant
jackie@nesbits.co.uk

Alison Weeden - Secretary
alisonw@nesbits.co.uk

RICS

Nesbit properties are on rightmove