CHARTERED SURVEYORS AUCTIONEERS ESTATE AGENTS VALUERS

Auction Guide Price £60,000 - SOLD FOR £ 71,000 - Available

Crombie Close, Hampshire

1 bedroom - Flat
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TO BE SOLD BY PUBLIC AUCTION THURSDAY 27th MAY 2021.(UNLESS SOLD PREVIOUSLY)GUIDE PRICE: £60,000-£65,000.OF INTEREST TO CASH BUYERS ONLY, INVESTORS IN PARTICULAR: very keenly guided to reflect a short lease and the need for refurbishment, this PURPOSE-BUILT ONE BEDROOM TOP (2nd) FLOOR FLAT enjoys a CONVENIENT LOCATION and benefits from residents'' parking, double-glazing, and secure entry. It offers a projected rental return of around £650 p.c.m. (equivalent to a gross yield of some 10% p.a.). Approached via Flag Walk, Crombie Close lies to the east of Milton Road and south of Lovedean Lane, just a short distance from a local parade of shops and with ready access to a wider range of public amenities.

Avon Court comprises twelve apartments and is one of a group of similar three-storey buildings having brick elevations and tiled roof. The development enjoys generous lawned communal gardens together with ample residents'' parking. Now vacant, Flat 10 requires some up-dating, upon completion of which this opportunity is considered a worthwhile, lucrative and modestly priced addition to an investment portfolio. Full details are given as follows:


Glazed main door, with SECURITY ENTRY SYSTEM, to:

COMMON HALLWAY
Stairs to upper floors.

SECOND FLOOR LANDING
Door to:

INNER LANDING
And to:

FLAT 10

LIVING ROOM 17'9 x 9'5 to 13'7
Coved ceiling. Pair of double-glazed sliding patio doors to Juliet Balcony. Night storage radiator. Security intercom telephone. Pair of folding doors to:

BEDROOM 9'2 x 8'11
Coved ceiling. UPVC replacement double-glazed window. Night storage radiator. Secondary door from Inner Landing.

KITCHEN 9'5 x 5'7
Approached directly from the Living Room. Fitted base and wall cupboards, work surfaces with tiled surround, single drainer stainless steel sink unit with mixer tap. Incorporating: electric oven and 4-ring electric hob with extractor canopy. Plumbing for washing machine. UPVC replacement double-glazed window to side elevation. Coved ceiling.



Door from Living Room to:

INNER LOBBY
Built-in airing cupboard housing lagged hot water tank. Through to:

BATHROOM & W.C.
White suite comprising: panelled bath, pedestal handbasin, and low flush w.c. Coved ceiling with extractor.

OUTSIDE
COMMUNAL GARDENS.
AMPLE RESIDENTS' PARKING.

GENERAL INFORMATION
TENURE: 99 years Leasehold from 29th September 1988 (66 years remaining).
MAINTENANCE CHARGE: £1,414.26 p.a.
GROUND RENT: £75 p.a.
COUNCIL TAX: Band 'A' - £1,241.21 p.a. (2021-2022) Havant Borough Council.

EPC 'D'
Https://find-energy-certificate.digital.communities.gov.uk/energy-certificate/0078-2810-6439-2690-6835

VIEWING
By appointment with AUCTIONEERS,
D. M. NESBIT & CO.
(17426/028176)


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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

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

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

Alison Weeden - Secretary
alisonw@nesbits.co.uk

RICS

Nesbit properties are on rightmove