Terraced House
A spacious and well situated two bedroomed mid-terraced house requiring general modernisation.
Suffolk Road runs between the main Eastney Road and Prince Albert Road, parallel to, and immediately north of Devonshire Avenue. This pleasant and sought-after residential location is just a short walk from both Bransbury and Milton parks, some half a mile only from Southsea Seafront, and convenient to a wide range of public amenities.
The property itself forms part of a terrace of similar properties, its brick facade incorporating a single bay window and recessed porch all under a modern tiled roof. It stands behind a shallow forecourt, whilst to the rear is an average-sized garden.
As stated, the house is in need of a programme of refurbishment, now presenting a blank canvas opportunity, the end result being considered ideal for owner-occupation (first time buyers in particular) or investment (potential circa £1,200 per calendar month).
Having obscure glass front door.
Having coved ceiling with feature arch, stairs to first floor, night storage radiator.
Having coved ceiling, bay window to front elevation having uPVC replacement double glazing, tiled fireplace, night storage radiator.
Having tiled fireplace, night storage radiator, built-in cupboard under stairs housing gas and electricity meters, window to rear elevation, part-glazed door to kitchen.
Having fitted base and wall cupboards, work surfaces, single drainer stainless steel inset sink with mixer tap, gas cooker point. Arched opening to covered sideway with pitched polycarbonate roof, uPVC replacement double glazed door to garden and plumbing for washing machine.
Having panelled bath, small uPVC replacement obscure double glazed window to rear elevation. Door to -
Having white low flush wc and hand basin. 'Main' gas fired multi-point water heater, small uPVC replacement obscure double glazed window to rear elevation.
Giving access to -
Having coved ceiling, uPVC replacement double glazed window to front elevation, tiled fireplace and built-in cupboard.
Having uPVC replacement double glazed window to rear elevation, tiled fireplace, built-in cupboard and door to -
With low flush wc and pedestal hand basin, extractor.
Shallow forecourt with walled surround. Garden to the rear with northerly aspect.
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
These sales details are awaiting vendor approval.
Prospective buyers are directed to clause 27 and 28 of special conditions which note additional fees payable. These are:
- administrative fees of 3.5% of the purchase price or £6900 (whichever is higher)
- legal fees of £850 + VAT
You are advised to make all necessary independent enquiries prior to placing your bid as this will be binding.
Freehold. Vacant possession upon completion.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
