1 Bedroom Apartment For Sale
A fantastic opportunity to purchase this top floor apartment situated in the heart of Southsea. With a generous sized open plan living/kitchen area, storage space, walking distance of Palmerston Road and with quick access to all transport links in and out of the city this property is ideal for any first time buyers looking to get on the property ladder or investors wanting to enhance their property portfolio.
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
KITCHEN/LOUNGE 18 ' 10" x 10' 9" (5.74m x 3.28m) Smooth walls, soft carpet, two double glazed windows to rear, tiled splash back, integral cooker with extractor, space for white goods
BEDROOM 11' 1" x 7' 2" (3.38m x 2.18m) Smooth walls, soft carpet, double glazed window to side aspect, internal wardrobe space
STUDY 5' 11" x 4' 8" (1.8m x 1.42m) Smooth walls, soft carpet, obscure window to entrance hall
BATHROOM Double glazed obscure window to side aspect, tiled surround, bath with shower over, hand basin, WC