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Guide price

£40,000

Studio for sale
Basement Front Flat 1, 40 Nightingale Road, Southsea, Portsmouth PO5

    Auction
    Added on 10/12/2025

    About this property

      For sale by auction on Wednesday, 28 Jan 2026 at 2.30pm

      Venue: Live Stream

      Vacant - Basement Studio Flat

      Leasehold basement studio flat within a period conversion comprising; studio room, kitchen and bathroom.

      Situation

      The property is located in the heart of Central Southsea minutes from the seafront, Southsea Common and Palmerston Road Shopping Precinct.

      Location Pin (What3Words): About.crisis.window


      Accommodation

      Studio Room - 5.6m x 4.3m

      Kitchen - 3 x 2.2m

      Bathroom - 2.2m x 1.3m

      Total Floor Area - tbc sq.m. (taken from EPC)

      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, from 1st November 2006 (approximately 105 years remaining)

      Ground rent - £75.00 per annum, doubling every 25 years.

      Council Tax - Band A

      EPC Rating - tbc

      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.

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      Monthly repayment

      £200 per month

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