Ref: Lot 7
Turn Key Investment Property with Long Term Tenant - Studio Apartment 16D Glen Road, Bournemouth, Dorset, BH5 1HR - Leasehold
Town & Country Property Auctions are delighted to offer for sale by public auction a studio apartment in Glen Road, Bournemouth, Dorset, BH5. The property is currently let on a rolling month by month AST agreement and the tenant has been in situ for many years. The property is a bright flat with a fitted separate kitchen, open plan living space and shower room off the lounge/ bedroom area. The property is a short walk from Boscombe Spa and the high street and would make an ideal investment.
The property will be entered into our 14th October auction which is held online and starts at 10am. You must register to bid and download the legal pack.
PROPERTY FEATURES
. Studio Apartment
. Separate Kitchen with Fitted Appliances
. Shower Room
. Open Plan Living Area
. Short Walk to Bocombe Spa
. Property Tenure: Leasehold
. Length of Lease Remaining: Approx 75 Years
. Annual Ground Rent: Approx £150
. Annual service charge: £508.46 Approx
. Council Tax Band: A
. Rental Value Per Month: £500
. 28 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.
Leasehold
* Buyers Premium Applies
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.
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.
A
* 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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