Paxton Road, Fareham

£40,000

Guide price

For sale by public auction on 8th May 2019 at the Ageas Suite, Ageas Bowl Cricket Ground, Botley Road, West End, Southampton SO30 3XH at 11am.

Description

A popular Investment opportunity with a chance to acquire the freehold of this modern block of 11 apartments. All properties are held on 125 year leases which commenced on the 25th March 2004. Ground rents are payable at £200 per flat per annum with a total income of £2,200 per annum.

ADDITIONAL FEES:

Buyers Admin Fee: £600 inc VAT (£500 + VAT), there is also a buyers premium of £600 inc VAT (£500 + VAT) payable on exchange of contracts.

Disbursements: Please see legal pack for any disbursements listed that may become payable by the purchaser on completion. For the full legal pack please call the auction department.

Arrange viewing 02381 783379

Pearsons - West End

62 High Street, West End, Hampshire

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