2 Bedroom Apartment

**For sale by Modern Method of Auction** **No Chain**Generating income of £1,500pcm**

This bright and airy two bedroom apartment with a superb terrace is set close to the City Centre and in Southampton’s scenic waterfront in the highly sought-after Ocean Village. This property offers a fantastic opportunity both in terms of investment or, to refurbish to your own taste for a splendid apartment on the waterfront. Additional highlights include an allocated undercover parking space, a 24/7 concierge service, and access to two beautifully maintained communal gardens. A superb and and generous decking area, accessible from the lounge, overlook the communal gardens and the waterfront beyond, offering the perfect setting to relax and enjoy the evening sunshine.

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. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% 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.

Buyer Information Pack Supersedes Marketing Materials.
Remaining Lease; 102 Years Approx.
Service Charge £5,200 p.a. Approx.
Ground Rent : £250 p.a.

Material Information - Southampton - Tenure Type; Leasehold
Leasehold Years remaining on lease; 102 Years Remaining Approx
Leasehold Annual Service Charge Amount £5,200 Approx.
Leasehold Ground Rent Amount £250 per annum Uplift %, Rent Review Period; Ask the agent
Council Tax Band; D
EWS1 - B2

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.