17 Methuen Road
Ref: Lot 12
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Unconditional (Buyer's Premium)
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a deposit and a 3%+VAT (subject to a minimum of £8,500+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).
17 Methuen Road, Bournemouth, Dorset, BH8 8NB
Large Garden Flat with Re-Development Potential Currently Arranged as Two Flats in Methuen Road, Bournemouth, Dorset, BH8 - Cash Buy Only
Large Garden Flat with Re-Development Potential Currently Arranged as Two Flats in Methuen Road, Bournemouth, Dorset, BH8 - Cash Buy Only
Description
Town & Country Property Auctions are delighted to offer for sale by public auction this large ground property which has been split into a large two bedroom garden flat with parking and a studio apartment with private entrance and private parking. The property is currently has a tenant in situ for the two bedroom flat and the studio is vacant. The tenancy is on a rolling contract and is currently managed by a local letting agent. The freeholder is also offering to sell the freehold for the sum of £8,500 which will allow more flexibility to redevelop this property STP.
The property will be entered into our 31st May 2022 auction which is held online and starts at 10am. You must register to bid and download the legal pack.
GARDEN FLAT FEATURES
. Two Bedroom Flat
. 1st Floor
. Kitchen/ Breakfast Room
. Lounge
. Fitted Bathroom
. Private Entrance
. Garage
. Part Vacant Possession
. Currently Let on a Rolling AST Agreement
STUDIO FLAT
. Studio Flat
. Shower Room
. Lounge/ Kitchen / Living Space
. Vacant Possession
. Entrance
LEASEHOLD INFORMATION
Remaining Lease Term: Approximately 100 Years Remaining
The current owner has an offer from the freeholder to purchase the freehold for the building for the sum of £8,500. This offer can be viewed by downloading the legal pack.
PRE-AUCTION OFFERS ARE CONSIDERED
The seller of this property would consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but 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 on 01202 143399.
Tenure
Leasehold
Buyers Premium
* Buyers Premium Applies
* 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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