£125,000
Orchard Place, Southampton, SO14
- 2 beds
£125,000
- 2 beds
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- For Sale by Modern Auction �" T & C’s apply
- Subject to Reserve Price
- Buyers fees apply
- The Modern Method of Auction
- West Facing Balcony
- Open Plan Living
- Fitted Kitchen
- Well-Appointed Bathroom
- Communal Roof Terrace
- Investment Opportunity
For sale by Modern Method of Auction.
Situated on the first floor, this is a well presented two bedroom west facing apartment located 0.7mi from Town Quay and 0.1mi from Oxford Street.
The property is accessed via secure communal entry and lift.
There is a modern bathroom & kitchen with integrated oven and hob.
The shape of the living and dining space allows for a home office set up, and access to the westerly facing balcony.
The main and second bedroom both contain fitted wardrobes and a double glazed window.
This apartment also has access to the communal roof terrace, which provides great views out over the city.
Orchard Place was constructed in 2005 and is situated 0.3 miles away from Southampton city centre which offers an array of amenities on its doorstep some of which include: Restaurants, Bars, Hair salons, Coffee shops, Telephone house surgery, Convenience store and Queens Park. The location also benefits from easy access onto a local bus routes to travel the remaining city.
Tenants in situ until 29th August 2025 paying £1,200pcm
SERVICE CHARGE: £2,076 Per Annum Approx.
LEASE YEARS: 104
COUNCIL TAX BAND : C
GROUND RENT:
£225 PA for the first 25 years
£450 PA for the next 25 years
£900 PA for the next 25 years
£1,800 PA for the next 25 years
£3,600 PA for the remainder of the term
Situated on the first floor, a fantastic and modern two bedroom west facing apartment located near to Town Quay and Oxford Street.
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 £48inc 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.
Modern Method of Auction
Auctioneers Comments:
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Additional Information
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 £48inc 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.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
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