2 bed flat for sale

Flat 5, 48F High Street, Cosham, Portsmouth PO6

For sale by auction on Thursday, 11 Sep 2025 at 2.30pm

Venue: Live Stream

Leasehold Second Floor 2 Bedroom Flat

Leasehold second floor flat within a purpose built block of apartments. The property comprises, a living room, kitchen, two bedrooms and a bathroom. The flat is located above commercial premises.

Situation

The property is located above retail premises in Cosham High Street, close to Cosham train station and local amenities.

Accommodation

Hallway - 5.56 x 1.96

Living Room - 4.24 x 3.78

Kitchen - 3.43 x 1.44

Bedroom 1 - 4.32 x 2.61

Bedroom 2 - 3.26 x 1.09

Bathroom - 2.39 x 1.61

Total Floor Area - 50.89 sq.m.

Nb we draw your attention to the special conditions in the legal pack, referring to buyers premium of £1,200 (inc VAT) and other charges in addition to the purchase price. Please ensure you read the special conditions thoroughly

Tenure

Leasehold - 125 year lease (less 10 days), from 01/06/2004 (approximately 104 years remaining).

Ground rent - £125/£250/£375/£500/£625 every 25 years

Tenancies

We have been informed by the Asset Manager - the property is let on an Assured Shorthold Tenancy Agreement for 12 months, from 23rd October 2023 expiring on 22nd October 2024 - tenant is holding over. Current rent of £900pcm (£10,800pa).

A copy of the AST agreement has been uploaded to the legal pack.

Council Tax - Band B

EPC Rating - D

Lot Type
Residential

Additional Fees
Administration Charge - Purchasers will be required to pay an Administration fee of 1% (inc VAT) of the sale price, subject to a minimum of £1,750 (inc VAT)

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.