Acquired
Southampton – Unmodernized Flat
447A Millbrook Road West, Southampton SO15 0HXVirtual Freehold Vacant Residential Investment
Investment Consideration
- Vacant possession
- VAT is NOT applicable to this property
- Comprises self-contained flat at first and second floor, accessed from the rear
- Flat in need of modernisation
- To be held on a 999 Year lease from completion at a ground rent of peppercorn
- Situated in a predominantly residential area on the north side of Millbrook Road West (A33), within a local shopping area, one mile west of the City Centre and close to the Docks.
- Occupiers close by include Greggs, Londis, Ladbrokes and a Halfords Autocentre amongst other local occupiers.
Key Features
Tenure
Leasehold
VAT
VAT is not applicable.
Property Description
Comprises self-contained first and second floor maisonette (in need of modernisation), accessed from the rear of the property and providing the following accommodation and dimensions:
First Floor: kitchen, living/dining, bathroom, wc, storage
Second Floor: 2 bedrooms, storage
Total area size: 60 sq m (645 sq ft)
First Floor: kitchen, living/dining, bathroom, wc, storage
Second Floor: 2 bedrooms, storage
Total area size: 60 sq m (645 sq ft)
Tenancy Description
Tenure:
Long Leasehold. To be held on a 999 year lease from completion at a ground rent of peppercorn.
Long Leasehold. To be held on a 999 year lease from completion at a ground rent of peppercorn.
Location Description
Situated in a predominantly residential area on the north side of Millbrook Road West (A33), within a local shopping area, one mile west of the City Centre and close to the Docks. Occupiers close by include Greggs, Londis, Ladbrokes and a Halfords Autocentre amongst other local occupiers.