CHARTED SURVEYORS AUCTIONEERS ESTATE AGENTS VALUERS

Auction Guide Price £50,000 - Available

Paynes Road, Hampshire

1 bedroom - Flat
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Description

TO BE SOLD BY PUBLIC AUCTION THURSDAY 26th SEPTEMBER 2019.GUIDE PRICE: �50,000-�55,000.OF INTEREST TO OWNER-OCCUPIERS AND INVESTORS: this well-situated, purpose-built ONE BEDROOM TOP (2nd) FLOOR RETIREMENT FLAT benefits from lift service, attractive communal garden, pleasant outlook, electric heating, double-glazing, and secure entry. Now REQUIRING REFURBISHMENT, the apartment must be sold and is VERY KEENLY GUIDED.Built in 1985 and comprising twenty-seven units, ''Lake House'' is a three-storey development tailored to the needs of retired persons - the MINIMUM AGE for occupancy BEING 60 YEARS. The building is convenient to a wide range of public amenities, including Southampton City Centre some one mile to the east.

Flat 16 itself is quietly positioned at the rear of the building with an outlook across the delightful communal garden towards Freemantle Lake Park beyond. As stated, the interior would now reward refurbishment of fittings and decor, the apartment then being ideal for owner-occupation or lucrative letting. Full particulars are as follows:

MAIN ENTRANCE
Canopied front door, with SECURE ENTRY SYSTEM, to:

COMMON LOBBY
Lift and stairs to upper floors. Access to COMMUNAL LOUNGE AND LAUNDRY ROOM.

FLAT 16

'L'-SHAPED HALL
Coved, Artex ceiling with access to Loft Space. Built-in storage cupboard with water tank. Electric radiator.

WET ROOM & W.C.
(Formerly with bath). White suite comprising: low flush w.c. and small handbasin with mixer tap. Screened shower area having free-draining floor and independent mixer. Shaver point. Extractor. Part-tiled walls. Coved, Artex ceiling.

BEDROOM 11'4 x 8'6
Measurements include the full-width fitted wardrobe and storage cupboard with sliding doors. Electric radiator. UPVC double-glazed window.

LIVING ROOM 13'2 x 12'0
Coved, textured Artex ceiling. UPVC double-glazing to bay window. Electric radiator. Emergency pull-cord. Door to:

KITCHEN 8'2 x 5'0
Fitted base and wall cupboards, work surfaces with tiled surround, single drainer stainless steel inset sink with mixer tap. Electric cooker point. UPVC double-glazed window. Coved, Artex ceiling.

OUTSIDE
Small CAR PARK for residents' use. Delightful COMMUNAL GARDEN at rear of building, laid to lawn with seating and planted beds.

GENERAL INFORMATION
Tenure: 99 years Leasehold from 25th March 1985 (65 years remaining).
Maintenance Charge: £2,094.19 (01.01.2019-31.12.2019)
Ground Rent: £250 p.a. (until 2051)
NOTE: Lease extensions have been granted upon other apartments within the building. This will be a matter for the buyer to pursue as they so wish.

COUNCIL TAX
Band 'A' - £1,203.13 p.a. (2019/20) - Southampton City Council.

VIEWING
By appointment with AUCTIONEERS,
D. M. NESBIT & CO.
(16864/013883)


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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