This property is no longer on the market
5 bedroom block of apartments
Key information
Property description & features
Investment Opportunity: For Sale Via Online Auction - Block of three modern flats in the heart of Westbourne BH4
*To register to bid & download the legal pack free of charge - please go to our website for further information: Pre-auction offers welcome.*
MK Estates are proud to present this fantastic investment opportunity - a block of three well-appointed apartments located in the desirable area of Westbourne BH4. This property boasts high ceilings, abundant natural light, and a range of modern amenities, making it the perfect choice for savvy investors looking to add to their portfolio.
Property Details:
- Tenure: Leasehold - 120 years from 1st of January 2006
- Service Charge: Currently As and when maintenance
- Ground Rent: £100pa
- Buildings insurance: £100pa
- Council Tax Band: B
- EPC Rating: E
Flat 1 currently rented @ £1050pcm and will be vacant from June 2024.
Flat 2 currently let @ £950pcm and is on a monthly periodic tenancy.
Flat 3 Empty- Property could achieve a rental price ranging from £750- £850pcm
Located in Westbourne, residents have access to a plethora of local amenities including Marks and Spencer food hall, cafes, boutiques, and the nearby Alum Chine beach and chines for leisurely walks and beach days. With convenient access to bus routes and train stations connecting to Weymouth and London Waterloo, this property offers a prime location for both living and renting.
Don't miss out on this exceptional rental potential at £3000pcm. With leasehold tenure and a Council Tax bands B, this property is sure to bring enticing returns for discerning investors. Explore further details on our website and register to bid in the upcoming online auction.
Viewing is highly recommended - seize this investment opportunity today!
*To register to bid & download the legal pack free of charge - please go to our website for further information: Pre-auction offers welcome.*
Conditional Online Auction Information
Please note: This property is for sale by condition online auction. This means the successful buyer enters into a Reservation Agreement when the online timer reaches zero (provided the seller's reserve price has been met or exceeded). The winning buyer will be legally obliged to purchase the property at their highest bid price.
Fees: When entered into the Reservation agreement, the successful buyer must pay 2.5% + VAT of the purchase price (subject to a minimum of £6,000 incl. VAT). Where applicable, you may be required to pay any outstanding amounts of the reservation fee immediately at the end of the auction, if your bid is successful. You should check the Reservation Contract document contained as part of the legal documents for each property. Following this, the buyer must then exchange within the maximum time frame of 20 working days, and complete within the maximum time frame of a further 20 working days after that. This is subject to change and will be an agreement between buyer and seller.
Pricing Information:
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount..
Council Tax Band: E
Tenure: Leasehold
Places of interest
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*DISCLAIMER
Property reference 12391410. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by MK Estates - Iford.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 7, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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