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£120,000

Meon Road, Southsea, PO4

  • 0 beds
End of terrace

£120,000

  • 0 beds
End of terrace
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Estimate monthly mortgage payment:

£425 per month

Minimum deposit amount:

£6,000
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TO BE SOLD BY PUBLIC AUCTION 25 MAY 2023. GUIDE PRICE: £120,000.
OF INTEREST TO DEVELOPERS AND INVESTORS IN PARTICULAR: the well-situated Freehold garage/workshop with PLANNING CONSENT FOR A NEW-BUILD THREE BEDROOM END-TERRACE FAMILY HOUSE.  Meon Road runs between the main Milton Road and Mayles Road, No. 77z occupying a corner position on the north side at the junction with Hollam Road. This is a pleasant and popular residential address just a short distance from Milton Park and with a wide range of public amenities within a radius of some three-quarters of a mile only, including: Fratton main-line station, St Mary's Hospital, Langstone Harbour foreshore, local shops, and various schools.  Occupying a corner site, the existing building is single-storey under a pitched roof, set behind a shallow forecourt and having roller-shutter doors to the front and side.

PLANNING

Consent (21/00907/FUL) has been newly granted for demolition of the existing building and its replacement by a three-bedroom two-storey private dwelling with rear garden. Details of the scheme are available via Portsmouth City Council's planning portal.

DETAILS

The existing building has a depth of 63'0 (19.20m) approx and a width of 12'3 (3.73m) approx. There are roller-shutter doors to the front and side, also an inspection pit. Externally, there is a semi-enclosed forecourt some 7'0 (2.13m) in depth.

SERVICES

Water and electricity are connected.

EPC - Exempt.

VIEWING

By appointment with AUCTIONEERS,
D. M.  NESBIT & CO.
(17682/043271)

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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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