CHARTERED SURVEYORS AUCTIONEERS ESTATE AGENTS VALUERS

Auction Guide Price £125,000 - Available

East Lodge Park, Hampshire

2 bedroom - Flat
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Description

TO BE SOLD BY PUBLIC AUCTION THURSDAY 21st NOVEMBER 2019.GUIDE PRICE: £125,000+OF INTEREST TO INVESTORS AND OWNER-OCCUPIERS: the well-situated VACANT purpose-built TWO BEDROOM FIRST FLOOR FLAT with replacement double-glazing, electric heating, two balconies, attractive rear aspect, and the considerable asset of a PRIVATE GARAGE.East Lodge Park is a group of 1960s'' three-storey apartment blocks enjoying a cul-de-sac position immediately south of the main Havant Road, diagonally opposite the junction with Old Rectory Road. This pleasant and popular residential location is convenient to a wide range of public amenities including: motorway links, recreation facilities, local shops, supermarket, and schools.

Tenanted until recently, and offered in fair condition, this opportunity is considered a worthwhile addition to any investment portfolio (a similar unit, Flat 36, is included in the November Auction and is let at £725 p.c.m. - equivalent to a gross yield of around 7% p.a.) or would suit owner-occupation. Full details are as follows:


Obscure-glass main front door to:

COMMON LOBBY
Rear entrance door granting access to garages. Stairs to upper floors.

FIRST FLOOR LANDING
Cupboard housing electricity meter and circuit breaker.

FLAT 6

ENTRANCE HALL
Coved Artex ceiling. Built-in storage cupboard. Night storage radiator.

BATHROOM & W.C. 8'6 x 6'1
White suite comprising: panelled bath with 'Triton' independent shower unit, pedestal handbasin, and low flush w.c. UPVC replacement obscure double-glazed window to rear elevation. Built-in cupboard housing lagged hot water tank.

EQUIPPED KITCHEN 8'5 x 8'1
Range of fitted base and wall cupboards, work surfaces with tiled surround, single drainer stainless steel inset sink with mixer tap. Incorporating: electric oven and 4-ring hob with extractor canopy. Plumbing for washing machine. Built-in storage cupboard. UPVC replacement double-glazed window to front elevation. Artex ceiling.

BEDROOM ONE 12'4 x 10'11
Artex ceiling. Double built-in wardrobe. Night storage radiator. UPVC replacement double-glazed window to side elevation; adjacent similar door to:

BALCONY ONE

BEDROOM TWO 11'0 x 7'11
Artex ceiling. UPVC replacement double-glazed window to rear elevation granting open southerly aspect towards play area and fields. Night storage radiator.

LIVING ROOM 16'5 x 10'11
Artex ceiling. Night storage radiator. UPVC replacement double-glazed window to rear elevation; adjacent similar door to:

BALCONY TWO
Sharing with the Living Room a similar aspect to Bedroom 2.

OUTSIDE

PRIVATE GARAGE 15'2 x 7'10
Up-and-over door.

GENERAL INFORMATION
TENURE: 125 years leasehold from February 1973 (79 years remaining).
MAINTENANCE CHARGE: See Legal Pack.
GROUND RENT: See Legal Pack.
COUNCIL TAX: Band 'B' - £1295.66 p.a. (2019/20).

VIEWING
By appointment with AUCTIONEERS,
D. M. NESBIT & CO.
(17221/024073)


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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