Property Auctions - po1
Auction date: Tue, 11/02/2025 - 08:00
Guide Price £100,000. A three bedroom terrace house requiring modernisation with accommodation arranged on two floors. Benefits from garden at rear. Vacant possession.
Auction date: Thu, 06/02/2025 - 11:00
Guide Price £50,000+. This three-storey building sits in a prominent position in the city, with the billboard on the side advertising to thousands of cars that pass by every day. The retail unit on the ground floor is vacant with the two flats on the upper floors sold under the terms of long leases. The retail unit on the ground floor is vacant and in addition to retail it is considered that there is potential for it to be converted into a 2-bed flat with garden, subject to all necessary consents being obtained.
Auction date: Wed, 11/12/2024 - 11:00
Guide Price £55,000 - £60,000. This three-storey building sits in a prominent position, with the billboard on the side advertising to thousands of cars that pass by every day. The retail unit on the ground floor is vacant with the two flats on the upper floors sold under the terms of a long lease. The Advertising Screen isLet under the terms of a commercial lease/licence agreement at rental of £6,000 per annum. The auctioneers understand this income is then split equally between the long leaseholder of the upper two floors and the freeholder. Further details will be available in the legal pack.
Auction date: Tue, 10/12/2024 - 08:00
Guide Price £100,000+. A three bedroom Terrace House requiring modernisation; two reception rooms plus dining room and kitchen; garden at rear. Situated close to the amenities available in Portsmouth City Centre and travelling facilities including Portsmouth & Southsea and Fratton Train Stations.
Auction date: Wed, 11/12/2024 - 11:00
Guide Price £162,000. This two-bedroom end of terrace home benefits from a first-floor bathroom and offers an excellent investment opportunity for a buyer to renovate and improve the property whilst adding value. The accommodation comprises: entrance hall, lounge, dining room, kitchen, utility and WC on the ground floor, and upstairs, two double bedrooms and a generous bathroom. An enclosed courtyard garden at the rear faces in a westerly direction.
Auction date: Thu, 07/11/2024 - 13:00
Guide Price £500,000. Freehold ground rent investment. The property comprises a site of 0.60 ha (1.49 acres) upon which sits an extensive department store with 4 adjoining shops with a total approximate floor area of 13,984.09 sq m (150,524 sq ft). One lease to expire in January 2049 offering valuable reversion. Rent £12,925 per annum exclusive.
Auction date: Fri, 01/11/2024 - 11:00
Guide Price £65,000. This first floor studio flat is located in a former office block which has been converted into residential use. The flat is offered with all furniture and items and would be ideally suited to a student, or addition to an income producing portfolio. Leasehold with vacant possession.
Auction date: Tue, 29/10/2024 - 12:00
Guide Price £380,000+. Comprising a ground floor shop, rear yard and separate front access to a self-contained maisonette on two upper floors. Ground Floor Shop & Rear Yard: let on two separate repairing and insuring leases for 10 years from 31.05.2023 at £11,000 p.a. and £4,500 p.a. respectively. Rent Reviews 2026 & 2031. First & Second Floor Maisonette: Let on an AST from 01.06.2023 to 31.05.25 at £1,300 pcm.
Auction date: Wed, 18/09/2024 - 11:00
Guide Price £10,000. This freehold block of four flats are all are sold on 125 year leases from 1st January 2004. The current ground rent is £200 per annum, doubling every 25 years, with the next increase due 2029. Currently let at £800 per annum.
Auction date: Thu, 18/07/2024 - 12:00
Guide Price £650,000. An end of terrace building comprising a deep ground floor L-shaped restaurant with internal access to ancillary storage on first and second floors. In addition, there is a rear service road for unloading together with a lofty double garage. The entire property is to be let on a full repairing and insuring lease for a term of 20 years from completion at a rent of £70,000 per annum exclusive.