Under the auctioneer's hammer

Two properties in and around Portsmouth have sold in auction.

They were among 228 lots listed across southern England in the latest online auction by Clive Emson Auctioneers, regional land and property auctioneers and members of Portsmouth Property Association.

A freehold commercial premises at 28 Landport Terrace, Portsmouth, sold for £195,000.

Joe Rocks, auction appraiser, said: "The building was in use for many years by an accountancy firm, which has relocated. The layout has seven office rooms spread over five storeys with staff kitchen and toilet facilities as well as storage rooms in the basement and attic.

"The total floor area is 271 square metres, and there is also an enclosed rear garden and additional small courtyard. We are not privy to any plans the new owner may or may not have for the property, which sold for £195,000."

A two-bedroom, freehold mid-terrace house at 4 Meadow Terrace, Russell Place, Fareham, fetched £146,000 and was described as requiring improvement.

There is a garden with storage shed, off-road parking and an additional courtyard garden.

Joint auctioneers were Chinneck Shaw.

Currently let at £10,800 per annum, a one-bedroom flat for investment is at Flat 1 The Annex, Enterprise House, Isambard Brunel Road, Portsmouth, is re-available at £75,000.

The property is on the remainder of a 125-year lease from January 2017 at a current ground rental of £250 per annum.

Clive Emson Auctioneers’ next online auction, the seventh of eight this year, concludes from 11am on 5 November, with bidding live from 3 November.

The regional office for the firm, which is in its 37th year, is at Whiteley.

Entries for lots close on 12 October, with the catalogue live from 15 October.