Leasehold 2 Bedroom Flat Producing £10,500pa

Leasehold flat located on the first floor of a period converted building, comprising of an open plan living room/kitchen, 2 bedrooms and a bathroom. The property also benefits from a parking space. Situation The property is located in College Street within easy access of local amenities and less than 0.5 miles from Gunwharf Keys shopping & leisure centre in the heart of Portsmouth. Portsmouth & Southsea mainline station is approximately 2 miles from the property offering direct services to London Waterloo. The property is located within the Gunwarf Conservation Area. Location Pin (What3Words): knots.doll.full https://w3w.co/knots.doll.full Accommodation Open Plan Living Room/ Kitchen - 5.35 m x 3.87 m Bath/WC - 1.69 m x 1.78 m Bedroom 1 - 4.4 m x 2.81 m Bedroom 2 - 2.3 m x 2.31 m Total Floor Area - 52.5 sq.m. NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, REFERRING TO BUYERS PREMIUM OF £1,200 (INC VAT) AND OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE. PLEASE ENSURE YOU READ THE SPECIAL CONDITIONS THOROUGHLY Rent We have been informed the property is let on an Assured Shorthold Agreement at approximately £875pcm. A copy of the AST Agreement and Section 13 Notice will be uploaded to the legal pack. Tenure Leasehold - 125 year lease from 1st January 2005 (approximately 105 years remaining). Ground rent - Peppercorn Council Tax - Band B EPC Rating - D

Lot Type

Residential

Additional Fees

Administration Charge - Purchasers will be required to pay an Administration fee of 0.5% (inc VAT) of the sale price, subject to a minimum of £1,500 (£1,250 plus VAT)

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.