3 bed property for sale

Chichester Road, Portsmouth PO2

***investment opportunity***

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £170,000.

Nestled on Chichester Road in Portsmouth, this unique property presents an exceptional opportunity for both investors and homebuyers alike. Currently functioning as a purpose-built butcher shop, the premises boasts significant potential for conversion into residential flats, making it an attractive prospect for those looking to capitalise on the growing demand for housing in the area.

The upper level of the property has already been transformed into a modern two-bedroom flat, featuring a separate lounge, kitchen, and bathroom. This well-designed living space is perfect for individuals or small families seeking comfort and convenience. The flat is bright and airy, providing a welcoming atmosphere that is sure to appeal to a variety of tenants or homeowners.

Additionally, the property benefits from a garden at the rear. The garden also has rear access.

The property has had planning approved in the past for two 2 bedroom flats, the planning has expired.

Butchers Shop (5.77 x 5.08 (18'11" x 16'7"))

Kitchen (2.88 x 4.08 (9'5" x 13'4"))

Chiller

Kitchen (2.72 x 2.96 (8'11" x 9'8"))

Bedroom One (3.78 x 4.62 (12'4" x 15'1"))

Bedroom Two (1.95 x 4.57 (6'4" x 14'11"))

Lounge (4.32 x 2.87 (14'2" x 9'4"))

Kitchen (4.09 x 2.87 (13'5" x 9'4"))

Bathroom (2.84 x 2.19 (9'3" x 7'2"))

Removal Quote

As part of our drive to assist clients with all aspects of the moving process, we have sourced a reputable removal company. Please ask a member of our sales team for further details and a quotation.

Portsmouth Council Tax

The local authority is Portsmouth City Council.

Band : A - £1,453.95

Offer Check Procedure

If you are considering making an offer for this or any other property Bernards Estate Agents are marketing, please make contact with your local office so we can verify/check your financial/Mortgage situation.

Auctioneer's Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.