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1 bed flat for sale

£90,000 Guide price

Golden Grove, Southampton, Hampshire SO14

1 bed flat for sale 1 1 1
Interested in this property? Call +44 23 8210 9575 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

This One bedroom upper floor flat is located close to the city centre of Southampton and is ideal for rental investment with tenants already in situ. The property consists of a lounge/diner, seperate kitchen, bedroom and bathroom. It is for sale with no onward chain via a Modern Method of Auction provided by Iam Sold.

Auctioneer Comments - This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer’s solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements Both Morris Dibben and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Property info

Floorplan(s): Floor-Plan

Floor-Plan View original

Property value data/graphs for SO14

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £551,410 £280 4.1 £333,333
Semi-detached £359,493 £297 3.8 £330,045
Terraced £273,414 £286 3.1 £278,140
Flats £242,416 £325 1.8 £187,460

Current asking prices in SO14

Average: £285,998
Avg. current asking prices in SO14
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £251,250
(4)
£345,330
(15)
£327,143
(7)
£352,500
(4)
Flats £143,706
(46)
£225,796
(82)
£288,429
(7)
£575,000
(1)
£1,000,000
(1)
All £143,706
(46)
£226,980
(86)
£327,225
(22)
£358,125
(8)
£482,000
(5)

Current asking rents in SO14

Average: £1,491 pcm
Avg. current asking prices in SO14
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £685 pcm
(10)
£1,350 pcm
(2)
£2,034 pcm
(3)
£1,582 pcm
(10)
£1,975 pcm
(18)
Flats £1,071 pcm
(60)
£1,360 pcm
(31)
£1,486 pcm
(4)
£2,119 pcm
(5)
£2,999 pcm
(1)
All £1,016 pcm
(70)
£1,359 pcm
(33)
£1,721 pcm
(7)
£1,761 pcm
(15)
£2,028 pcm
(19)

Fun facts for SO14

Highest value in SO14
Highest value streets Zed-Index
Latimer Street £404,559
John Street £399,896
Alcantara Crescent £395,070
Maritime Walk £383,320
Andes Close £367,306
Highest turnover in SO14
Highest turnover streets Turnover
Maritime Walk 66.3%
Meridian Way 45.9%
Ancasta Road 40.0%
Town Quay 36.0%
Andes Close 33.8%
Arrange Viewing

For more information about this property, please contact
Morris Dibben - Southampton Sales, SO15 on +44 23 8210 9575 * (local rate)

Monthly running costs Beta

£546 Monthly total

Mortgage

Purchase price
Deposit (10%) 9,000
Repayment term 25
Interest rate 2.0
Your payment £343 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £650,000 Contents value up to £75,000 Average insurance cost £19/mo (£229/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £17 Electricity £31 Estimated energy cost £48/mo

Similar properties could save up to £147

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6100 kWh/year
Electricity: 2100 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Southampton

Estimated tax band A Council tax cost £109 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £9 Sewerage £18 Estimated water cost £27 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Morris Dibben - Southampton Sales, and do not constitute property particulars. Please contact Morris Dibben - Southampton Sales for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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