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Lot 8 Click here for addendum

Vacant 1 Bed Flat
6 Week Completion

Situation

Located at the corner of Salisbury Road within approx. 150 yards of the pedestrianised town centre shopping throughfare and under 1 mile from Pokesdown Rail Station (South Western Services).
Boscombe Pier and the Sea Front is just ½ mile distant and Bournemouth Town Centre lies approx. 2 miles to the west.
Boscombe is a suburb of the thriving coastal town of Bournemouth which benefits from good road communications with the A338 providing direct access to the A31 and the M27.

Property

Forming part of a corner building comprising a recently refurbished Self Contained 1 Bed Flat on the first floor accessed from a communal entrance on Salisbury Road.

Accommodation¹

First Floor Flat
Bedroom
Living Room/Kitchen
Shower Room/WC

¹Not inspected by Barnett Ross.

VAT is NOT applicable to this Lot

Tenure

Leasehold for a term of 99 years (less 10 days) from 25th March 1989 at a ground rent of £300 p.a. rising to £450 p.a. in 2055 (see Note).

Offered with Vacant Possession

Note: The Vendor has served a section 42 Notice quoting £7,000 for a 90 year lease extension and extinguishment of the ground rent. Between exchange and completion, the Purchaser can request that the Vendor is to assist with completing the lease extension - refer to the Special Conditions of Sale in the legal pack.

*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.

514b Christchurch Road, Boscombe, Bournemouth, Dorset BH1 4BE