2 bed flat for sale

East Lodge Park, Farlington, Portsmouth PO6

Summary

For Sale via Online Unconditional Auction. Nestled in the desirable East Lodge Park area of Portsmouth, this charming two-bedroom ground floor flat presents an excellent opportunity for those seeking a renovation project. With no onward chain, this property is ready for its new owners to make it their own.

Upon entering, you will find a welcoming reception room that offers a comfortable space for relaxation and entertaining. The flat boasts two well-proportioned bedrooms, providing ample accommodation for individuals or small families. One of the standout features of this property is the access to two delightful balconies; one extends from the reception room, while the other is conveniently located off the main bedroom, perfect for enjoying a morning coffee or unwinding in the evening.

The flat includes a practical shower room, catering to your daily needs. While the property may require some modernisation, it offers a blank canvas for creative minds to transform it into a stylish and contemporary living space.

Situated in a peaceful neighbourhood, East Lodge Park is well-connected to local amenities, parks, and transport links, making it an ideal location for both convenience and leisure. This property is perfect for first-time buyers, investors, or anyone looking to create their dream home in a sought-after area.

Do not miss the chance to view this promising flat and envision the potential it holds.

Council Tax Band: B
Tenure: Leasehold
Length of Lease: 71
Annual Ground Rent Amount: 120.00
Annual Service Charge Amount: 1,375.00

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this 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. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.