5 bed terraced house for sale

Magpie Lane, Eastleigh SO50

Suitable as an HMO Investment or for Owner Occupation

Situated on Magpie Lane in Eastleigh, this mid-terraced property is currently arranged and occupied as a House in Multiple Occupation (HMO), but is being offered to both investment purchasers and buyers looking to occupy the property as their own home.

The accommodation is arranged to provide multiple bedrooms together with shared living facilities, offering a flexible layout for continued HMO use or future owner occupation, subject to the existing tenancy arrangements and vacant possession being obtained where required.

The property is currently managed by our lettings team and can be purchased with the existing tenancy arrangements in place. Alternatively, the seller is able to seek vacant possession for an owner occupier in accordance with the applicable possession procedure and notice periods.

Magpie Lane is positioned for access to a range of local amenities and transport connections. Southampton Airport Parkway railway station is approximately 0.6 miles away, while Barton Peveril Sixth Form College is approximately 0.2 miles from the property. Local shops and food outlets are available around Nightingale Avenue, with The Cricketers approximately 0.1 miles away and Places Leisure Eastleigh approximately 0.5 miles away. Eastleigh town centre provides a wider selection of shops, supermarkets, cafés and services.

For investment purchasers, further information regarding the current rental income, tenancy arrangements, HMO licence and management of the property can be provided where held.

For buyers looking to occupy the property themselves, further information regarding the anticipated vacant possession timescale can be provided on request.

Kitchen

Dining/ Living Space

Bedroom 1

Bedroom 2

Shower Room

Utility Room

Bedroom 3

Bedroom 4

Bedroom 5

Bedroom 5 - Ensuite

Bedroom 6

Bathroom

Aml

Agents are required by law to conduct anti-money laundering checks on all those buying a property.

We outsource the initial checks to partner suppliers Coadjute who will contact you once you have had an offer accepted on a property you wish to buy.

The cost of these checks is £54inc vat per person. This is a non-refundable fee.

These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required.

This fee will need to be paid and the checks completed in advance of the office issuing a memorandum of sale on the property you would like to buy.