Auction stations
and on Freeview 262 or Freely 565
They are among 173 lots listed across southern England, Yorkshire and Scotland by Clive Emson Auctioneers, a member of Portsmouth Property Association.
Described as in “need of improvement”, a three-bedroom, mid-terrace house at 40 North End Avenue, Portsmouth, with two bathrooms, is guided freehold at £160,000 - £180,000 and comes with vacant possession.
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Hide AdJoe Rocks, auction appraiser, said: “Close to local schools and amenities, and with road access out of the city via the M275 or A3, the property requires a significant amount of improvement.
“It is worthy of the scheme of works required, after which it will be ideally suited to an owner occupier, resale into the local market or addition to an income-producing portfolio.”
Video https://www.youtube.com/watch?v=9_V46Ne9p-8
A first-floor studio flat, located in a former Portsmouth office block converted into residential use, has a guide price of £65,000 and is on the remainder of a 125-year lease from 2015 at a current ground rent of £250 per annum.
Flat 27, 42 Arundel Street, with an open-plan bedroom and living room, would be ‘ideally suited to a student looking to live near the university or addition to an income producing portfolio’, said Joe.
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Hide AdWith vacant possession, the flat could be potentially let at £8,160 per annum, he added.
Video https://www.youtube.com/watch?v=tJL03KHmhxU
With a freehold guide price of £285,000 - £295,000, a semi-detached house at 8 Palmerston Avenue, Fareham, has recently been used as a residential home and “would benefit from some updating”.
The property has three bedrooms and two bathrooms, with off-road parking to the front, with gardens at the front and back.
Joe said: “Thee property has recently been used as a residential home so would benefit from some updating, after which it would make an ideal family home, addition to an income-producing portfolio or use as an HMO, subject to all necessary consents being obtainable.”
Video https://www.youtube.com/watch?v=qOvE40udP
Joint auctioneers are Byrne Runciman.
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Hide AdWith vacant possession, is a two-bedroom freehold cottage at 1 Jubilee Terrace, East Street, Westbourne, Emsworth.
With a guide price of £225,000-plus, Joe said “the terrace of cottages is situated behind other homes but not overlooked and is accessed via a pathway from East Street”.
The property has recently been redecorated and is “ready to move into, making it an ideal home for an owner occupier, a short-term holiday letting investment or addition to an income-producing portfolio”.
Joint auctioneers are Chinneck Shaw.
Video https://www.youtube.com/watch?v=hXKNsM5IfC8
A 0.48-acre plot of land at Westways, Havant, comprising grass, mature trees and shrubs, has a freehold guide price of £5,000-plus.
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Hide AdIn Emsworth, a freehold development site at Fiscal House, 2 Havant Road, with vacant possession, has a guide price of £500,000 - £550,000.
Michael Marchant, a senior auction appraiser, said: “Located close to the centre of Emsworth, a former light commercial/office site has consent for conversion of the main building to form a residential dwelling, whilst consent is pending for the conversion of the other two outbuildings.
“The existing three buildings on site would remain, with the main office building Fiscal House being converted to form a three-bedroom house with private garden and off-road parking.
“The remaining office building that runs parallel to Warblington Lane is also to be converted to form an additional three-bedroom house with private garden and parking.
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Hide Ad“The remaining garage/store which backs onto the adjacent church would be converted to form a two-bedroom dwelling, again with private garden and parking.”
Video https://www.youtube.com/watch?v=VX7mq39WBus
The online auction, the seventh of eight this year by Clive Emson Auctioneers, which has its regional office in Whiteley, starts on 30 October and concludes on 1 November.