- TO BE SOLD BY ONLINE AUCTION Feb 2019
- One bedroom flat on second floor of converted building
- LEASE EXTENDED - 189 years from September 1996
- Lounge, internal bathroom and kitchen
- Main shopping centre of Boscombe is close by
- Short walk to the beaches and cafes at Boscombe Spa
- OFFERED WITH VACANT POSSESSION
- IDEAL RENTAL INVESTMENT
ATTENTION INVESTORS! TO BE SOLD BY ONLINE AUCTION 28th February 2019. One bedroom flat on TOP FLOOR of converted building between shops and beach. 166 YEARS LEFT ON LEASE. IDEAL RENTAL PROPERTY previously let at £550 PCM. Now vacant.
OFFERED AT ONLINE AUCTION by the owner's sole agents
One bedroom flat on second floor of converted building
LEASE EXTENDED - 189 years from September 1996
Accommodation comprises one bedroom, lounge, internal bathroom with sloping ceiling and kitchen
Please note that none of the services, heating or appliances have been tested
The main shopping centre of Boscombe is close by and it is a short walk from the beaches and cafes at Boscombe Spa
Service charge for the 12 months to September 2019 is 1574.61 and peppercorn ground rent
Council Tax Band A
OFFERED WITH VACANT POSSESSION
Block viewings available, so please call to book your timeslot
This property is for sale via Online Auction. This is a modern twist
on the traditional auction room sale where buyers can bid for the property via an online platform. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of �4,800 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE ASKING PRICE. Bidders will be required to register in order to download the ?legal pack?, if you choose to bid on the property you will be required to complete further identity checks for anti-money laundering purposes and provide card details before you are able to place a bid.
**Guide price - This is an indication of the seller?s minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.
**Reserve price - Most auctions will be subject to a reserve price,
if this figure is not achieved during the auction then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above the guide price.