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Guide Price: £125,000.00

Modern Method of Auction

Flat 1 , 278 Old Christchurch Road , Bournemouth , BH1 1PH

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CURRENT BID*

£120,500.00

(Place a bid)

AUCTION CLOSED

Lot Number: 30904671

Property ID: 80368039

MK Iford

tayo@mkestates.co.uk

01202611270

The minimum current bid is £121,000.00

Fees Apply

Automatic maximum bid £ (only bid in increments of £500)

£

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Guide Price

£125,000.00

Method of Auction

Modern

Property Type

Flat

Number Of Beds

3

Tenure

Leasehold Property

Address

Flat 1

Key Features

*SALE BY ONLINE AUCTION 27.04.2021*
*NEWLY FITTED BATHROOM AND KITCHEN*
* THREE DOUBLE BEDROOMS*
*EXCELLENT RENTAL OPPORTUNITY*
*GAS CENTRAL HEATING*
*DOUBLE GLAZING*

Description

***FOR SALE BY ONLINE AUCTION ON THE 27.4.2021***

MK estates are delighted A first floor three double bedroom flat situated on Old Christchurch Road, Bournemouth.

The property benefits from three well-presented bedrooms, new modern kitchen, new modern bathroom , lounge and diner.

Further benefits include gas central heating, double glazing. The property is ideally situated for investment purposes and is a short walk to Bournemouth Beach, Bournemouth Square, Train station and the University. This property would be an ideal student or residential let and the property could achieve a rental income of £13,000 PA.


**Auction terms**

This property is offered for sale by the ‘modern method of auction’ through an Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform. The winning bidder, assuming the reserve is met, is granted exclusivity of the property at the winning bid price for 28 days in which they must exchange or the vendor is free to remarket the property and the reservation fee will not be returned. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £4,800 inclusive of VAT. The auction is powered and carried
out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice.

PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE ASKING PRICE.

Bidders will be required to register in order to download the ‘legal pack’, if you choose to bid on the property you will be required to complete further identity checks for anti-money laundering purposes, provide card and solicitors details before you are able to place a bid.

**Guide price - This is an indication of the seller’s minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.

**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above the guide price.

Property Brochure

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Property Auction Pack

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EPC

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Floor Plan

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**These particulars are produced by the advertising agent and not
verified by Whoobid, they are believed to be correct but their accuracy
cannot be guaranteed and they do not constitute an offer or form part of
any contract.**

Map Location

Property Location

Address: BH1 1PH

Agent's Information

Name: MK Iford

Address: Bournemouth, Dorset, BH7 6SH

Telephone Number: 01202611270

Email: tayo@mkestates.co.uk

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