Call 0800 038 5996

Guide Price: £500,000.00

Modern Method of Auction

29 Fernside Road , , Poole , BH15 2QU

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AUCTION SOLD

Lot Number: 27980863

Property ID: 79225475

Whoobid Auctioneers

djacobs@whoobid.co.uk

01202 137200

Guide Price

£500,000.00

Method of Auction

Modern

Property Type

House

Number Of Beds

5+

Tenure

Freehold Property

Address

29 Fernside Road

Key Features

• 8 Bed HMO
• Annual Income Of £63,000
• 8 En Suite Bedrooms
• Occupied By Professional Tenants
• Parking For 5 Cars
• Sprinkler System For Individual Rooms
• Garage
• Over 2100 Square Foot
• Buyers Fee Applies
• Auction Pack Available On Request

Description

** For Sale By Online Auction**

This FREEHOLD Semi-Detached property offering over 2100 square feet, was renovated to a high standard around 2014 and rarely has an empty room for long. All the rooms are maintained to a hotel standard with en-suites. The kitchen has been furnished to accommodate 8 persons and benefits from 2 ovens and 2 hobs. There is a separate utility area housing 2 washing machines and 2 tumble driers.

A sprinkler system was installed during the conversion and maintained annually, and only activates in the relevant room if there was a fire.

The rear garden is mainly laid to lawn with a courtyard area and summer house. To the front of the property there is parking for around 5 cars and a detached garage, which can be used to store bikes.

Situated close to bus stop and to Poole Hospital and Poole Park, which is a popular area for good quality rooms. Civic Centre with a parade of shops is also within walking distance.

Additional Information -
Present annual rental income is just over £63,000.
EICR TO 18/06/2029.
EPC to 2034
GSC renewed yearly

Modern Terms & Conditions -
This property is for sale via 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 reserves the right to remarket the property, and the reservation fee will not be returned, they will then have a further 28 days to complete. 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 3.6% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £5940 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 SALE PRICE.

Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability. 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. Properties may be sold prior to public auction if an offer is accepted by the vendors.

**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: BH15 2QU

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Agent's Information

Name: Whoobid Auctioneers

Address: LONDON, Dorset, EC1V 2NX

Telephone Number: 01202 137200

Email: djacobs@whoobid.co.uk

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