Property description

Studio Apartment in Boscombe, Bournemouth BH5 - Leasehold & Vacant Possession - BH5

Guide Price £45,000 * Buyers Premium Applies

For sale by public auction.31/05/2022.
Auction venue: Accepting New Properties for May 31st Auction - Starts 10am - Call to Find out More .

Register on this lot today. The legal pack can be downloaded from our website, .

Town & Country Property Auctions are delighted to offer for sale by public auction this spacious ground floor studio apartment with private entrance in Boscombe BH5. The property is in need to renovation but great potential as either a holiday home or investment property with a rental income of circa £600 per calendar month and above.

The property will be entered into our 28th of April 2022 auction which is held online and starts at 10am. You must register to bid and download the legal pack.
Property features

Studio Apartment in Boscombe BH5
. In Need of Renovation
. Separate Shower Room
. Vacant Possession
. Rental Value of £550 to £600 pcm When Renovated
. Leasehold
. Cash Buyers Only
Leasehold information

Remaining Lease Term: Approx. 107 years
Service Charge:£1,800 Per Annum
Ground Rent: £125 Per Annum
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 .

Unconditional lot Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a deposit and a 2%+VAT (subject to a minimum of £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).