Twyford Avenue, Portsmouth, Hampshire, PO2 8JA
Online auction
Landlord To Landlord Investment Opportunity
Located in the Stamshaw district of Portsmouth, this property offers excellent access to the M27 motorway and is just a short walk from the main North End shopping area of Portsmouth, which features a wide variety of shops, stores, food halls, pubs, bars, cafés, and restaurants.
The apartment occupies the upper two floors of this period terraced house. The accommodation includes a split-level hallway with stairs and landings, a front-aspect lounge, a separate kitchen, a utility room, a bathroom, and two upper-floor bedrooms.
Additional features include double glazing, gas central heating, and a share of the freehold.
67 Years Remaining on the Lease. Cash buyers preferred.
50% Share of freehold
Ground Rent Review Period: no ground rent
Service Charge Review Period: no service charge
Shared Ownership Percentage: 50
Double glazed entrance door opening to the lobby area. Cloak Hanging space, electric meter and fuse box. Stairs rising to first floor level landing.
Stairs leading to the upper and lower levels. recessed storage cupboard to stairwell. Doors leading to the accommodation.
Front aspect double glazed window, power points, radiator. domestic gas mater, door to the landing.
Fitted floor and wall units, work surfaces, inset sink plus mixer tap, space for upright fridge freezer, space for cooker, rear aspect double glazed window, power points, and door to the the landing.
Wall mounted Vaillant Boiler, work surface with space and plumbing below for the washing machine. Door to the landing and door to the bathroom.
Suit comprising low level flush W.C. pedestal wash basin and a panelled bath with shower taps and glaze panelled shower screen. Tiled to the principle areas, rear aspect double glazed window and door to the utility room.
Stairwell with period balustrade and stairs leading down to the lower level. Service hatch to roof void and doors to the bedrooms.
Front aspect double glazed window, power points, radiator. Door to the upper floor landing.
Rear aspect double glazed window, power points, radiator, skilled ceiling and door to the upper floor landing.

This property is being sold subject to unconditional reservation fee auction terms and conditions.
Timescales
Contracts will exchange immediately. There are 28 days in which to complete the purchase.
Legal Pack
A legal pack is available to download. Special conditions may apply.
We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.
Deposit
In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.
The deposit is non-refundable.
Buyer Fees
This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
More Information
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.
If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.
Any amount payable at the close of the auction must be paid within 1 hour.
Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.
Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.
The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.
It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.
Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid
Please note this bidding process applies specifically to online auctions.
More Information is available:
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
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