LOT - FLAT 4 THE WILLOWS, 255 TWYFORD AVENUE, PORTSMOUTH, PO2 8NU.
AUCTION GUIDE PRICE - £75,000.00 PLUS FEES.
The property is to be offered online by Clive Emson Auctioneers on 1st November 2023.
To register to bid, view legal documentation or for general auction enquiries please contact the auctioneers or visit their website cliveemson.co.uk
Currently let at £8,700.00 per annum.
This well presented ground floor studio flat is located in The Willows, a large purpose built block in Stamshaw. Offering excellent links to public transport as well as easy access in and out of the City (via the M275 or A3/A27 road networks), the property is located close to the Mountbatten Centre, Alexandra Park and Tipner shoreline. The flat is currently let and is producing a worthwhile income
The studio is on the ground floor and comprises, entrance hall, good size studio room which is split well between bedroom, lounge area and still offers a good sized kitchen with plenty of cupboard space. there is also a shower room.
Let on an Assured Shorthold Tenancy for 12 months, from 29th June 2023, at a current rental of £725 per calendar month. The tenant also pays an additional £74 per month as a contribution for the communal supply gas and water supply.
Lease length: 999 years from 26th November 2010
Managing Agent – GD3 Property Ltd
Ground rent - £0.00
Service charges, Gas, and Water charges (see the breakdown below)
Service charges (Reviewed annually in December) - £1010.45 PA
Gas supply - £605.00 PA
Water supply £272.55 PA
Council Tax band: A (Portsmouth City Council)
EPC Rating - C