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Guide Price: £100,000.00

Modern Method of Auction

Flat 4, 53 St. Peters Road , , Bournemouth , BH1 2LA

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AUCTION SOLD

Lot Number: 74623065

Property ID: 36473975

MK Iford

tayo@mkestates.co.uk

01202611270

Guide Price

£100,000.00

Method of Auction

Modern

Property Type

Flat

Number Of Beds

1

Tenure

Leasehold Property

Address

Flat 4, 53 St. Peters Road

Key Features

For Sale By Online Auction on 02/09/2021
Guide Price £100,000 to £115,000
Located In The Heart Of Bournemouth Town Centre
One Double Bedroom
Spacious Lounge/Diner With Separate Kitchen
Lease - 69 Years Remaining
Service Charge - £600 Per Year & Ground Rent - £75 Per Year

Description

**FOR SALE BY ONLINE AUCTION 02/09/2021**

**LOCATED IN THE HEART OF BOURNEMOUTH TOWN CENTRE ** Situated within easy reach of shops, bars, restaurants and transport links plus all other amenities. This first floor flat benefits from a SPACIOUS LOUNGE/DINER, one double bedroom, fitted kitchen & white tiled bathroom suite, storage cupboards and secure entry phone system. Outside provides mature communal grounds with bin & bike storage.

An ideal first time buy or buy to let investment, within close proximity of Bournemouth Square, Gardens and Award Winning Beaches.

Lease - 69 Years Remaining
Service Charge - £600 Per Year
Ground Rent - £75 Per Year


AUCTION
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.
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 a single figure guide price or if a guide price bracket is quoted the reserve will fall somewhere within those figures.

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 2LA

Agent's Information

Name: MK Iford

Address: Bournemouth, Dorset, BH7 6SH

Telephone Number: 01202611270

Email: tayo@mkestates.co.uk

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