1 bed flat for sale

Ferry Road, Southsea, Hampshire PO4

***Available to cash and mortgage buyers***

Situated on the first floor of a well-maintained development in the sought-after Ferry Road area of Eastney, this well-presented one-bedroom flat offers an excellent opportunity for first-time buyers or investors. The property features a bright and airy living space with direct access to a private balcony. The accommodation also includes a well-proportioned double bedroom, a fitted kitchen, and a modern bathroom. Additional benefits include allocated off-road parking and the significant advantage of a lease currently being extended, providing approximately 175 years remaining upon completion-offering long-term peace of mind. Ideally located, the flat is just a short 10-minute walk from the beachfront, allowing you to enjoy seaside living with ease, while still being conveniently close to local amenities and transport links. Offered with no forward chain, this property is not to be missed.

This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable
consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack.
The buyer will also make payment of £300 inc. VAT towards the preparation cost of the pack. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.