Description

SUMMARY AUCTION SALE 15 April 2025 - > End of terrace property arranged as 4 x 1 bedroom self contained apartments > In good condition & an ideal investment for short or long term lets > Sold with vacant possession DESCRIPTION *** TO BE SOLD BY PUBLIC AUCTION ON 15TH APRIL 2025 2025 AT THE GRAND CONNAUGHT ROOMS, 61 - 65 GREAT QUEEN STREET, LONDON, WC2B 5DA (Online bidding available) *** OPEN HOUSE VIEWINGS 01/04, 03/04, 08/04, 10/04: 12:00PM - 12:45PM. Please ensure you arrive promptly at the start time as staff will have to leave sharply at the end of the viewing. Full address: 147/149 Foundry Lane, SO15 3LD Tenure Freehold with Vacant Possession Location The property can be found on the corner of Foundry Lane and York Road. The area is ideally situated within walking distance of Shirley High Street and Shirley Road which offer various amenities to include shops, cafes and restaurants. Public transport links include bus services which pass along Shirley Road and Shirley High Street and Southampton Central mainline train station which is located approximately 1.5 miles away. Description: An excellent opportunity to acquire a substantial two storey end of terrace property which has been converted into four x one bedroom self contained apartments, each with separate utilities and services. The apartments are offered in good condition, although a level of enhancements would increase rental returns. Situated in a popular rental area, this property would be ideal for long term lets or as serviced short term accommodation. Accommodation Ground Floor Front (147): Front Door into Open Plan Living Room/Kitchen with Stairs to Basement Room, Bedroom, Shower Room/WC. Basement: Office/Store Room. Ground Floor Side (147a & 149a): Communal Entrance Hallway with Stairs to First Floor. First Floor 147a: Open Plan Living Room/Kitchen, Bedroom with Ensuite Shower Room/WC. 149a: Open Plan Living Room/Kitchen, Bedroom, Shower Room/WC. Ground Floor Rear (149): Front Doors to Open Plan Living Room/Kitchen, Bedroom, Shower Room/WC. Outside: Rear garden and bin area with forecourt to front. EPC 147, 147A & 149A – D. 149 – E. Council Tax Band All flats - A Important Notice: For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Fox & Sons/Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this. The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price. Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at. When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this. Whilst Fox & Sons make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers. Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk. 1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. 3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture. 4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. 5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.