Guide price
£500,000
1 bed block of flats for sale44A St Johns Road, Winchester, Hampshire SO23
1 bed
1 bath
- Auction
- Leasehold
Town & Country Property Auctions South Ltd
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About this property
Block of Four Flats Plus Garage with Parking in Central Winchester SO32
Guide Price £500,000 * Buyers Premium Applies
For sale by public auction.unconditional online auction.
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Register on this lot today. The legal pack can be downloaded from our website, .
Town & Country Property Auctions are delighted to offer For Sale by Public Auction this large property consisting of 4 separate flats, 3 of which are 1 bedroom apartments and one studio apartment. All flats are in reasonable condition but would benefit from a light refurb (carpets and decoration) There is further potential to extend to create and to increase a 5th unit in the loft space (STP). To the rear of the property there is a large private garden which has great potential to also extend if you are wanting to increase the floor space of the two units at the rear.
Winchester is also home to St Swithun's, Pilgrims, Winchester College, and Princes Mead, all of which are a particular draw to the city. There is also an excellent choice of state schools in Western/Westgate, Kings, and the highly regarded Peter Symonds sixth form college.
The city is very well connected via road and rail with London Waterloo accessible via a fast service in under 60 minutes from the city's railway station. The M3 allows easy access to London and the South coast connecting with the M27 and Southampton Airport which serves a growing number of destinations worldwide. The A34 to the north provides access to Oxford, the Midlands and the A303 to the West Country. Is home to St Swithun's, Pilgrims, Winchester College, and Princes Mead, all of which are a particular draw to the city. There is also an excellent choice of state schools in Western/Westgate, Kings, and the highly regarded Peter Symonds sixth form college.
The property will be entered into our 25th June auction which is held online and starts at 10am. You must register to bid and download the legal pack.
Property features
Block of 4 Flats
. Offered with Vacant Possession
. Rear Garden
. Garage
. Gdv of Approx £850,000 to £900,000
. 56 Day Completion
. Leasehold
. Lease Remaining: 860 Years Approx
. Peppercorn
. No Service Charges
. Restriction - No Mining
flat 1
. One Bedroom Flat
. Resale Value: £215,000
. Rental Value: £1150 pcm
. Vacant Possession
. Council Tax: B
flat 2
. One Bedroom Flat
. Resale Value: £215,000
. Rental Value: £1150 pcm
. Vacant Possession
. Council Tax: B
flat 3
. One Bedroom Garden Flat
. Resale Value: £275,000
. Rental Value: £1250 pcm
. Vacant Possession
. Council Tax: B
flat 4
. Studio Flat
. Resale Value: £150,000
. Rental Value: £950 pcm
. Vacant Possession
. Council Tax: A
unconditional lot Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 56 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of id, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the legal documents'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
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More information
Tenure
Leasehold (860 years)
Service charge
Council tax band
Ground rent
£10
Ground rent date of next review