No longer on the market
This property is no longer on the market
Floorplan
Map1 bedroom flat
Auction
Sold STC
Flat
1 bed
434
EPC rating: E
Key information
Tenure: Leasehold | 62 yrs left
Council tax: Ask agent
Broadband: Basic 16Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
Sold for £88,000.Guide Price = £70,000+
*For Sale By Online PublicAuction 26th June 2024 09:30 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A First Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £11,280 Per Annum
Tenure
Leasehold. The property is held on a 99 year lease from 1st January 1988 (thus approximately 62 years unexpired). There is an informal agreement with the freeholder to extend the lease for £10,000 + costs. Please refer to the legal pack for more information.
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Alexandra Park, Poole are within easy reach. Transport links are provided by Parkstone rail station.
Description
The property comprises a first floor one bedroom flat situated within a mid terrace building arranged over ground and two upper floors.
Accommodation
First Floor
Reception Room
Kitchen
Bedroom
Bathroom
Accommodation
Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £940 per calendar month.
Note
Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. In most cases, the leaseholder must have owned the property for at least 2 years in order to serve a S42 notice. If you do not fully understand this process, please ask the auctioneers or a solicitor.
EPC Rating
E
Open House Viewings:
Viewing Schedule (No Booking Required)
Thursday 13 June 2024 3:30 PM - 16:00
Saturday 15 June 2024 3:30 PM - 16:00
Tuesday 18 June 2024 3:30 PM - 16:00
Thursday 20 June 2024 3:30 PM - 16:00
Saturday 22 June 2024 3:30 PM - 16:00
Tuesday 25 June 2024 3:30 PM - 16:00
*For Sale By Online PublicAuction 26th June 2024 09:30 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A First Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £11,280 Per Annum
Tenure
Leasehold. The property is held on a 99 year lease from 1st January 1988 (thus approximately 62 years unexpired). There is an informal agreement with the freeholder to extend the lease for £10,000 + costs. Please refer to the legal pack for more information.
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Alexandra Park, Poole are within easy reach. Transport links are provided by Parkstone rail station.
Description
The property comprises a first floor one bedroom flat situated within a mid terrace building arranged over ground and two upper floors.
Accommodation
First Floor
Reception Room
Kitchen
Bedroom
Bathroom
Accommodation
Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £940 per calendar month.
Note
Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. In most cases, the leaseholder must have owned the property for at least 2 years in order to serve a S42 notice. If you do not fully understand this process, please ask the auctioneers or a solicitor.
EPC Rating
E
Open House Viewings:
Viewing Schedule (No Booking Required)
Thursday 13 June 2024 3:30 PM - 16:00
Saturday 15 June 2024 3:30 PM - 16:00
Tuesday 18 June 2024 3:30 PM - 16:00
Thursday 20 June 2024 3:30 PM - 16:00
Saturday 22 June 2024 3:30 PM - 16:00
Tuesday 25 June 2024 3:30 PM - 16:00
About this agent
Auction House London is the largest branch of the Auction House UK brand. Auction House holds more auctions annually than any other firm of auctioneers in the UK and sold 4,957 properties throughout 2018 – over 1,000 properties more than our closest rivals. Co-founded by Andrew Binstock and Jamie Royston in 2011, Auction House London has grown year on year in its relatively short history to become one of the top 5 residential property auctioneers in the UK. We adopt a modern and dynamic approach to offering high quality auction facilities to both corporate and independent sellers and buyers. We firmly believe in the importance of extensive online marketing campaigns in addition to the traditional offline methods. Our forward thinking approach to auctions has been regularly applauded and we are very proud to be recognised as offering extremely high levels of customer service to all of our clients. With a proven track record in residential and commercial investments and property auctions, the team offers a fresh and energetic approach to their auctions, providing a quality service that achieves the right results for all parties.