40 Cromwell Road, SOUTHSEA, Hampshire, PO4 9PN
- Conditional Online Auction Sale
- Bedrooms: 2
Purple Bricks on Line auctions are delighted to offer this 2 bedroom end of terrace property
Description
Tenure: Freehold
The Property
This Two bedroom end of terrace property is set in one of the most sought after locations in Southsea, just minutes from the beach and local amenities and it is offered to the market with No Onward Chain.
It is fair to say the property is in need of modernisation throughout, but it offers a potential buyer a wealth of potential primarily from its location but also in the shear space it has on offer.
The property is set out over three floors, On the ground floor there are two reception rooms and a spacious kitchen/diner. On the first floor we find Two Good sized bedrooms, a family bathroom and an enclosed study/office.
On the Second floor there is a spacious loft room which is accessed via permanent fixed wooden stairs. The loft room has light and power supply.
This property is sure to attract ample attention from builders and those looking for a project, so book your viewing 24 hours a day.
Further enquiries please contact Emma Poland Local Property Expert
Entrance Hall
7'04" x 5'01" (Maximum)
Front door provides access, tiled flooring, stairs to first floor landing, doorway leading to kitchen/diner, tiled flooring and doorway leading to:-
Reception Room One
13'09" x 9'05" (Maximum)
Glazed window to side elevation, double glazed Upvc door leading to front of property, tiled flooring and doorway leading to reception room two.
Reception Room Two
9'05" x 6'07"
Double glazed window to side elevation, wall mounted gas meter, wood flooring and doorway to entrance hallway.
Kitchen/Diner
14'02" x 14'02" (reducing to 7'10")
Two windows to front elevation, wall mounted hand wash basin, double sink and drainer unit, space for cooker, and stainless steel worktop, tiled flooring and door to rear garden.
First Floor Landing
Two double glazed windows to front elevation, stairs to loft room, wood flooring and doors to all rooms.
Bedroom One
12'04" reducing to 9'05" x 9'05"
Double glazed window to side elevation and carpet flooring.
Bedroom Two
9'05" x 7'11"
Double glazed window to side elevation and carpet flooring.
Office / Study
7'11" x 6'10"
Electrical points, lighting and carpet flooring.
Family Bathroom
9'11" x 8'00"
Double glazed window to front elevation, panel enclosed bath with wall mounted shower over, low level W.C, pedestal hand wash basin, wall mounted boiler, space and plumbing for washing machine and tumble dryer and vinyl flooring.
Loft Room
16'02" x 11'01" (maximum)
Access is provided via fixed wooden stairs, the loft room has light, power supply and wood effect flooring.
Rear Garden
Low maintenance courtyard style garden with outside W.C and double gated access to the front of the property.
EPC Rating
CURRENT 1/80 POTENTIAL
Opening Bid and Reserve Price
This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply.
Comments
This property is offered for sale via Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to exchange and complete the transaction from the date the Draft Contract is issued by the sellers solicitor.
By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative.
The buyer will be required to give the Auctioneer authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auctioneer.
If the vendor accepts an offer, the buyer will be required to make payment of a non-refundable reservation fee of £5,382 including VAT and a legal pack charge of £372 including VAT. This reserves the property for the buyer during the Reservation Period. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.
The Buyer's Premium is in addition to the final selling price and is considered within calculations for Stamp Duty Land Tax.
All buyers will be required to verify their identity and provide proof of how the purchase will be funded.
Buyer's Administration Charge
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay the fee specified above towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
Buyer Fees
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
- You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
- Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.
Energy Performance Certificate (EPCs)
An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.
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