Lot 6 - 180 Hawthorn Crescent, Cosham, Portsmouth, Hampshire, PO6 2TR

  • Unconditional Online Auction Sale
  • Guide Price* : 180,000
  • Bedrooms: 5
  • Bathrooms: 5
  • Reception Rooms: 1

Mid-terrace house, planning permission already in place for a 5 bedroom all en-suite HMO

Description

• Development opportunity with planning granted for a 5 bedroom all en-suite HMO
• High-yield potential in a high-demand rental area for professional tenants
• Unconverted, planning approved with works ready to begin
• Benefits from a driveway and rear garden

Location

180 Hawthorn Crescent is located in the popular residential area of Cosham, to the north of Portsmouth city centre. The property benefits from easy access to the A27 and M27, with the motorway network reachable within a 5-minute drive.

Within walking distance are a variety of local shops, amenities, and eateries found in Cosham High Street. A short drive away is the extensive shopping and leisure complex at Gunwharf Quays, as well as the Historic Naval Dockyard.

Transport links are provided by Cosham Station, which offers direct rail services to Portsmouth, Southampton, and beyond. Additional rail access is available from Portsmouth & Southsea Station and Fratton Station.

Planning

Portsmouth City Council has granted the following planning permission REF: 24/01524/FUL | (20-12-2024)

For 'Change of use from dwelling house (Class C3) into House of Multiple Occupancy (C4 use class) construction of single storey rear extension after demolition of lean-to structure'.

Accommodation

Mid terrace house with plans approved for the development of a 5 bedroom all en-suite House of Multiple Occupation, with a communal area and bike store.

Vendors Solicitor
Thomas Gilsenan
0161 672 1559

* Guide Prices are provided as an indication of each seller's minimum expectation (also known as the 'Reserve Price'). This is not necessarily a figure which a property will sell for and may change at any time prior to the auction. Every property will be offered subject to a Reserve Price (this is the sellers minimum expectation) which will be set within either a Guide Range or no more than 10% above a single figure Guide Price.

The Buyers Administration Fee of £1,500 (inclusive of VAT) is a separate charge payable in addition to the price a Lot sells for. In addition, the Guide Price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.

To participate in the sale, HMO X Auctions must hold a minimum amount from all bidders. This participation amount and administration fee are fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £5,000 comprises £3,500 relating to your bidder security (which forms part of your 10% deposit payment) and the buyers administration fee of £1,500 (inclusive of VAT).

Please note that Lots may be sold or withdrawn prior to auction without prior notice.

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All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of HMO X Auctions or the seller.

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Vendors Solicitor

Thomas Gilsenan
0161 672 1559

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