Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £70,000 Mezzanine Floor Studio apartment on the ground floor. Floor Area 247 ft 2 / 23 m 2 Service charge £1,200 PA Ground rent 0 PA Off Road Parking. Immaculate property desired
An Exceptional Investment or First Home Opportunity
Presenting a unique opportunity to own this modern studio flat located in the highly desirable area of Shirley, Hill Lane. Flat 7, Malorn Court offers a perfect blend of convenience and contemporary living, making it an excellent choice for investors and first-time buyers alike.
Key Features:
- Modern Studio Flat: Thoughtfully designed to maximise space and comfort, this studio flat features a spacious living area that seamlessly integrates with a functional kitchen, creating an open and airy atmosphere.
- Allocated Parking Space: Enjoy the convenience of your own dedicated parking space, a valuable asset in this bustling neighbourhood.
- Allocated Outside Space: The property benefits from its own outside space, perfect for enjoying a breath of fresh air or a morning coffee.
- Separate Entrance: Offering an added layer of privacy and independence, the separate entrance enhances the appeal of this charming flat.
- Ample Storage: The flat boasts ample storage options, including versatile spaces that can function as both wardrobe and pantry, ensuring a clutter-free living environment.
- New Flooring: Recently updated flooring adds a fresh, modern touch to the flat, enhancing its overall aesthetic.
- Council Tax Band: A: Enjoy the financial benefit of the lowest council tax band, making this property an economical choice.
- Long Lease: With 164 years remaining on the lease, this property represents a secure and long-term investment.
- Excellent Location: Situated a short walk from Southampton Train Station, multiple bus routes, and the City Centre, the flat offers unparalleled convenience for commuters and city dwellers alike.
Full Description: Discover an exclusive opportunity with this ground floor studio flat, located in the sought-after residential area of Shirley, Hill Lane. This property presents a lucrative investment or residential purchase boasting a well-designed layout that includes a spacious living area, a functional kitchen, and a convenient three-piece shower room.
The studio flat is enhanced by modern amenities such as double glazing, ensuring energy efficiency and a tranquil living environment. Enjoy the luxury of allocated parking, providing added convenience in the bustling neighbourhood. Additionally, the property features a heated towel rack, elevating the comfort level in the bathroom.
Ample storage space is a highlight of this studio, offering versatile options that can serve as both a wardrobe and a pantry. This thoughtful design caters to the practical needs of residents, creating a clutter-free and organised living space.
This promising property is complemented by the absence of a forward chain in the sales process. Further benefits include a separate entry to the property with an outside space, and easy access to Southampton Train Station, multiple bus routes, and the City Centre.
These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However, any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures, contents, and fittings are not included in the sale.
Additional information
Service charge £1,200 PA
Ground rent £0
Lease Start Date BETA22/11/2020
Lease End Date BETA 19/05/2178
Lease Term BETA 189 years from 19 May 1989
Lease Term Remaining BETA 153 years
Local Authority Southampton
Council Tax Band: A
Annual Price: £1,438
Conservation Area No
Flood Risk No Risk
Floor Area 247 ft 2 / 23 m 2
Mobile Coverage EE Vodafone Three O2 Broadband Basic 14 Mbps Superfast 75 Mbps Ultrafast 1000 Mbps
Satellite / Fibre TV Availability BT Sky Virgin
Auctioneers Additional 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.
Don't miss out on the chance to make Flat 7, Malorn Court your new home or next investment. Contact us today to arrange a viewing!
