Property Auctions London, Property Auctioneers London, London Property Auctions, Property Auctions London

Lot 7 Click here for addendum

Vacant 2 Bed Flat
6 Week Completion

Situation

Located just a short distance from the various multiple shopping facilities, restaurants, cafés, bars and tourist attractions within the Town Centre.
Bournemouth Pier and the Sea Front is approx. a 10 minute walk away and Bournemouth Station (Cross Country and South Western Services) is approx. 1½ miles away.
Bournemouth is a popular seaside resort on the south coast, approximately 30 miles south-west of Southampton.

Property

Forming part of a terraced building comprising a newly decorated and carpeted Self-Contained 2 Bed Flat on the ground floor with gas central heating.
In addition, there is use of a communal rear garden.

Accommodation

Ground Floor Flat
2 Bedrooms
Living Room
Kitchen
Bathroom/WC

Area Approx 506 sq ft¹

¹Not inspected by Barnett Ross. Area taken from EPC.

VAT is NOT applicable to this Lot

Tenure

Leasehold for a term of 99 years from 28th May 1986 at a ground rent of £100 p.a. rising to £200 p.a. in 2052 (see Note 1).

Offered with Vacant Possession

Note 1: Refer to the Auctioneers and the Special Conditions of Sale in the legal pack regarding the 90 year lease extention and extinguishment of the ground rent.

Note 2: The leaseholders are currently progressing a Right to Manage.

Note 3: A 1 bed flat on the first floor in this building is currently on the market for offers in excess of £150,000.

VIDEO TOUR

Click here to view the video tour of the Flat No. 11a.

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

11a Purbeck Road, Bournemouth, Dorset BH2 5EF