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£220,000

Clarence Parade, Southsea, PO5

  • 2 beds
Flat

£220,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£1,004 per month

Minimum deposit amount:

£11,000
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TO BE SOLD BY PUBLIC AUCTION (at a date to be confirmed) UNLESS SOLD PREVIOUSLY.
GUIDE PRICE:  £200,000-£220,000.
OF INTEREST TO OWNER-OCCUPIERS AND INVESTORS: we invite CASH OFFERS PRIOR TO AUCTION for this well-situated TWO BEDROOM FIRST FLOOR SEAFRONT FLAT; benefitting from sun balcony, double-glazing, secure entry, lift service, and residents' parking; NOW REQUIRING GENERAL MODERNISATION.  St Martins House is a popular ten-storey residential development, circa 1960, occupying a prominent Seafront position directly opposite The Ladies Mile and Common, close to the junction of Clarence Parade with Lennox Road South, a level walk of less than 500 yards to Southsea Town Centre (Palmerston Road Shopping Precinct) - an exceptionally convenient Conservation Area address within comfortable reach of a wide range of public amenities. With the noteworthy exceptions of replacement double-glazing and a modern shower suite, the apartment's specification is dated, and in parts original. It presents a blank canvas opportunity for a purchaser to implement their own tastes and ideas - either an owner-occupier or an investor (the property having a projected rental return of around £1000 p.c.m.). Full particulars are as follows:

RECESSED MAIN ENTRANCE

With glazed door to:

LOBBY

Glazed inner door, with VIDEO SECURITY ENTRY SYSTEM, to:

COMMON HALL

Lift and stairs to upper floors. Door giving access to rear of building (Auckland Road East).

1st FLOOR LANDING

Refuse disposal chute.

FLAT 4

DOUBLE 'L'-SHAPED HALL

Pair of useful triple built-in storage cupboards. Built-in airing/linen cupboard with lagged hot water tank and slatted shelves.

SHOWER ROOM & W.C.

(formerly with bath)  Coloured pedestal handbasin and low flush w.c.  with concealed cistern; contemporary white shower cubicle with 'Mira' mixer. Heated towel rail. Extractor. Tiled walls.

KITCHEN - 3.76m x 3.07m (12'4" x 10'1")

Fitted base and wall cupboards, work surface, single drainer stainless steel sink unit. Gas cooker point. UPVC replacement double-glazed window to rear elevation.

BEDROOM ONE - 3.96m x 3.07m (13'0" x 10'1")

Virtually full-width UPVC replacement double-glazed picture window to front elevation. Triple built-in wardrobe and storage cupboard.

BEDROOM TWO - 3.25m x 2.79m (10'8" x 9'2")

UPVC replacement double-glazed window to rear elevation. Built-in wardrobe.

LIVING ROOM - 4.37m x 4.06m (14'4" x 13'4")

Security intercom telephone. Virtually full-width aluminium-framed double-glazed patio doors, one sliding, to:

SUN BALCONY - 3.94m x 1.02m (12'11" x 3'4")

Replacement glazed and stainless steel balustrade. Decked floor.

OUTSIDE

RESIDENTS' and VISITORS' PARKING is available at the front and rear of the building on a non-allocated basis.

GENERAL INFORMATION

TENURE:  999 years Leasehold. The building FREEHOLD is owned by a residents' management company.
MAINTENANCE:  £2,605.90 per annum (to 24th December 2022).

COUNCIL TAX

Band 'D' - £1,980.76  per annum (2023-24)

EPC 'E'

VIEWING

By appointment with AUCTIONEERS,
D. M. NESBIT & CO.
(17624/040247)

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
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