125A High Street, Southampton, Hampshire, SO14 2AA
Online auction
We are privileged to present to the market this wonderful one-bedroom apartment in the heart of Southampton, being sold via our secure online bidding system, terms and conditions apply. This cosy yet chic residential abode exudes charm, and is to be sold with tenants paying £1230 PCM without bills included.
As you enter the property, you will be greeted by a well-appointed reception area, creating a warm and welcoming space for residents and guests alike. The reception area seamlessly leads to the heart of the apartment, the generously sized bedroom - a serene sanctuary perfect for relaxation after a long day. The property had its immersion heaters replaced in March of this year.
The bathroom is equally impressive, featuring modern fittings and fixtures. As with the rest of the property, it provides a comforting space to unwind.
One of the standout features of the apartment undoubtedly lies in its period high ceilings, a rare architectural feature that brings a unique sense of character and spaciousness to the property. Coupled with the abundance of natural light, this feature enhances the overall living experience in this magnificent apartment.
This Southampton one-bedroom apartment combines the best of heritage characteristics and modern comfort, making it an ideal residential opportunity for first-time buyers, downsizers, or savvy property investors. To fully appreciate what this property has to offer, viewings are absolutely essential.
We have been made aware that the property is sold under the Right to Manage (RTM) for the block, and the new owner will have thr right to take full control over the service charges and management there of should they desire it. Further information can be provided relating to this at request.
Secure this property as your next residential investment in the city of Southampton. Bidding starts soon, the clock is ticking. Don't miss out on this rare find!
Length of Lease: 113
Annual Ground Rent Amount: £200.00
Annual Service Charge Amount: £2,000.00


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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