34, Salerno Road, SOUTHAMPTON, Hampshire, SO16 5PJ

Ground floor one bedroom maisonette
Let on an AST agreement at £6,600 PA

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Tenure
Leasehold

Lease Details
The Lease is dated 29th November 2004 for a term of 125 years from 1st January 2004 at a ground rent of £10 pa.

Location
Salerno Road is a mixture of residential homes on the outskirts of Lordswood within a very short drive of the main three Southampton Hospitals. Upon entering Salerno Road the block is located around half way along on the right hand side, with the entrance to the apartment at the rear right hand corner of the building.

Description
A well presented ground floor one double bedroom apartment currently let on an AST agreement to a tenant who has been in occupation for around 8 years. The property offers double glazing and electric night storage heating, with a small patio/veranda area to the front. This property is very well positioned to service the medical tenancy markets and would make an ideal investment purchase.

Accommodation
Ground Floor: Entrance Hallway, Kitchen, Bathroom, Double Bedroom, Lounge.
Outside: Small veranda/patio area to the front. Communal gardens and drying areas.

Tenancy Details
The property is currently let on a periodic AST agreement at £550 pcm (£6,600 pa). We believe the property would achieve around £700 pcm on a review of rent, subject to the upgrade of a more efficient heating system. A copy of the tenancy agreement will be included in the legal pack and buyers are advised to satisfy all enquiries regarding the status of the tenancy, prior to bidding.

EPC F

Council Tax Band A

To view:
Fox & Sons, Tel: 02380 338 066








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The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

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