15-23 Poole Hill

Ref: Lot 4

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Town & Country Property Auctions South
Town & Country Property Auctions South

Unconditional (Buyer's Premium)

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a £5,000 or 5% deposit and £6,500+VAT buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Description

Town & Country Property Auctions are delighted to offer for sale by public auction this this incredibly spacious, two double bedroom, first floor, character flat in a Grade Two listed building, located in the heart of Bournemouth Town Centre with all furniture included. The property comprises; a large entrance hall, a modern family bathroom, a large open plan lounge/kitchen/diner, featuring 11ft high ceilings, a modern kitchen with stone worktops and two large double bedrooms. Bedroom one benefits from fitted wardrobes, an airing cupboard and a modern en-suite bathroom, bedroom two features a mezzanine level double bed with fitted wardrobes and cupboards underneath. The property is being with all furniture included, offering a turn key opportunity for landlords. The current owner has been running the flat as an AirBnB for a number of years. The reserve is to be agreed prior to the start of the auction.

The property further benefits from central heating and a mixture of double and single glazed windows and the property is ideally located in the heart of Bournemouth Town Centre with its wide array of shops, restaurants, café’s, bars, parks, schools and award-winning blue flag beaches.

The property will be entered into our 16th November auction which is held online and starts at 10am. You must register to bid and download the legal pack.

PROPERTY FEATURES
. Number of Bedrooms: 2
. Reception Rooms: 1
. Fully Furnished Turn Key Investment
. Property Tenure: Leasehold
. Length of lease remaining: 119
. Annual ground rent: £300
. Annual service charge: Approx. £760.90
. Reserve fund: £634.10
. Council Tax Band: A
. Rental Value Per Month: £1,200
. 28 Day Completion

Lease Renewal - Section 42 Notice
The seller has agreed to submit a section 42 notice to the freeholder to allow the new owner to extend the lease should they wish too after completion without having to wait for two years after completion of the sale. We confirm the benefit of the Section 42 will be assigned to the buyer if required in writing prior to completion by the sellers solicitor.

The property is available for viewing immediately. Please contact Town & Country Property Auctions for more information and to register for the auction. The auction will be held online, and registration is now open.

Tenure

Leasehold

Buyers Premium

* Buyers Premium Applies

Pre Auction Offers Are Considered

The seller of this property may consider a pre-auction offer prior to the auction date.  All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit.  To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online.  To find out more information or to make a pre-auction offer please contact us.

Special Conditions

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’.  Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Council Tax Band

A

Lease Duration

119 years ( years unexpired)

Annual Ground Rent

£300

Annual Service Charge

£760

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* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.

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