No longer on the market
This property is no longer on the market
Similar properties
Discover similar properties nearby in a single step.
Map
Area stats2 bedroom apartment
Auction
Apartment
2 beds
Key information
Tenure: Leasehold
Council tax: Ask agent
Features and description
- Two Bedroom Modern Newley Converted Flat in Bournemouth BH9 with Holiday Letting Permitted - New 125 Year Lease
Two Bedroom Modern Newley Converted Flat in Bournemouth BH9 with Holiday Letting Permitted - New 125 Year Lease Guide Price £150,000 to £175,000 * Buyers Premium Applies
For sale by public auction.30th September 2021.
Auction venue: Now Accepting New Instructions for our September 2021 Auction - Enquire Today .
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 auction this two bedroom recently converted apartment in Moordown, Bournemouth BH9. The property is currently tenanted and generates an annual income of £8,400.
The property has been finished to a high standard and comes with fitted luxury kitchen & shower room plus lounge/ diner. The property is a turn key investment and holiday letting is permitted if needed with excellent rental potentials.
PROPERTY FEATURES
. Two Bedroom Flat
. Newley Converted Building
. High Finish
. High End Kitchen & Shower Room
. Lounge/ Diner
. Leasehold with Brand New 125 Year Lease
. Off Road Parking
. Tenant in Situ
LEASEHOLD INFORMATION
Lease Term: New 125 Year Lease
Ground Rent: Roughly £250 Per Year (Please See Legal Pack)
Service Charge: Roughly £900 Per Year (Please See Legal Pack)
TENANCY INFORMATION
The property is currently occupied on an Assured Short Hold tenancy agreement which runs until January 2022. We are advised that the tenant is maintaining the rent and is not in any arrears. The current rental amount is £700 per month. If you require any further information please review the legal pack or contact us on[use Contact Agent Button].
ARRANGE A VIEWING
Due to the COVID-19 restrictions all viewers must wear protective gloves, face masks and follow social distancing rules when viewing this property. Children under the age of 18 are not permitted to view.
BUYING WITH A MORTGAGE / PROOF OF FUNDS
You must ensure that you have the ability to purchase the property before viewing. You will be asked to provide proof of funds if a cash buyer or a mortgage decision in principle if purchasing with a mortgage. If buying with a mortgage we suggest conducting a survey prior to the auction to ensure your lender is happy to lend. The winning bidder will be subject to paying our buyers premium and a 5% deposit which is non refundable.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a deposit and a 5%+VAT (subject to a minimum of £5,000+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).
For sale by public auction.30th September 2021.
Auction venue: Now Accepting New Instructions for our September 2021 Auction - Enquire Today .
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 auction this two bedroom recently converted apartment in Moordown, Bournemouth BH9. The property is currently tenanted and generates an annual income of £8,400.
The property has been finished to a high standard and comes with fitted luxury kitchen & shower room plus lounge/ diner. The property is a turn key investment and holiday letting is permitted if needed with excellent rental potentials.
PROPERTY FEATURES
. Two Bedroom Flat
. Newley Converted Building
. High Finish
. High End Kitchen & Shower Room
. Lounge/ Diner
. Leasehold with Brand New 125 Year Lease
. Off Road Parking
. Tenant in Situ
LEASEHOLD INFORMATION
Lease Term: New 125 Year Lease
Ground Rent: Roughly £250 Per Year (Please See Legal Pack)
Service Charge: Roughly £900 Per Year (Please See Legal Pack)
TENANCY INFORMATION
The property is currently occupied on an Assured Short Hold tenancy agreement which runs until January 2022. We are advised that the tenant is maintaining the rent and is not in any arrears. The current rental amount is £700 per month. If you require any further information please review the legal pack or contact us on[use Contact Agent Button].
ARRANGE A VIEWING
Due to the COVID-19 restrictions all viewers must wear protective gloves, face masks and follow social distancing rules when viewing this property. Children under the age of 18 are not permitted to view.
BUYING WITH A MORTGAGE / PROOF OF FUNDS
You must ensure that you have the ability to purchase the property before viewing. You will be asked to provide proof of funds if a cash buyer or a mortgage decision in principle if purchasing with a mortgage. If buying with a mortgage we suggest conducting a survey prior to the auction to ensure your lender is happy to lend. The winning bidder will be subject to paying our buyers premium and a 5% deposit which is non refundable.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a deposit and a 5%+VAT (subject to a minimum of £5,000+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).
Area statistics
Crime score
Low crime
2/10
Home prices (average)
2 bedroom apartments
£221,459
£221,459
About this agent
Town & Country Property Auctions - Bournemouth
19 Oxford Road
Bournemouth, Dorset
BH8 8GS
01295 977147WELCOME TO TOWN & COUNTRY PROPERTY AUCTIONS Property auctions are becoming more and more popular throughout the UK and Ireland with buyers and sellers alike. If you are interested in either buying or selling through auction then Town & Country Property Auctions can help. We act on behalf of solicitors, banks, building societies, local authorities, housing associations, private owners and many other institutions so we can truly offer you independent and professional advice no matter what your circumstance.