5 Albert Road

Ref: Lot 2

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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% deposit and a 3%+VAT (subject to a minimum of £7,500+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 56 days following the auction (unless otherwise stated).

Description

Town & Country Property Auctions are delighted to offer for sale by public auction this stylish bedroom apartment - Centrally located within minutes of Bournemouth's cosmopolitan restaurants, shops and award winning beaches. The Old Sorting Office was built in 2017 and is situated in the heart of Bournemouth Town Centre, within walking distance of cosmopolitan shops, bars, restaurants and award winning beaches. It is accessed via a secure entry phone video system with stairs and a lift ascending to the top floor .

Upon entering the apartment you are welcomed in to an open-plan lounge/kitchen/diner which is an impressive size, boasting ample space for both living & dining furniture. The modern fitted kitchen offers a range of base fitted and wall mounted units as well as integrated appliances.

The bedroom is a good size double which is served by the modern shower room which comprises a white three piece suite. Further benefits include double glazing throughout, use of the communal garden, cycle store and is offered to the market with no forward chain. The property will be entered into our 29th February which is held online and starts at 10am. You must register to bid and download the legal pack.

PROPERTY FEATURES
. Number of Bedrooms: 1
. Reception Rooms: 1
. No forward chain
. Communal Garden & Cycle Storage
. Double glazed throughout
. Stylish one bedroom apartment
. Town Centre Location
. Property Tenure: leasehold
. Length of lease remaining: 118 Years Approx
. Annual ground rent: £300 Approx
. Service charge: £403.27 Quarter
. Council Tax Band: A
. Rental Value Per Month: £950
. 56 Day Completion

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 Start Date

01/01/2017

Lease Duration

125 years (117 years unexpired)

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Buying at Auction Tips

* 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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