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This lot has been Sold

Unconditional Lot - Buyers Premium Applies

Lot 9 - Christchurch Road

Guide Price*

£48,000 Plus 2% Buyers Premium plus VAT

  • 510 Christchurch Road, Bournemouth, Dorset, BH1 4BE

Investment property- Private entrance- Self contained studio- In need of light refurbishment.

Features

  • If you would like to arrange a pre-auction viewing or discuss a pre-auction bid please call the Town & Country Team on 01202 879 157

Lease Information:

Lease Term:Remains of 999 years Lease Term, please see legal pack

Ground Rent: No ground rent

Service charge: Please refer to the legal pack

We are told by contacting local agents in the area that a rental value of £475 Per Month is achievable due to the high demand for studio apartments within walking distance to the beach & local amenities.

Based on the current rental value we are pleased to confirm a yield of approximately 9% Per Annum.

Additional Information

*The guide price may not always be the same as the reserve price .The guide is an indication given by the Auctioneer. Where the guide price is a bracket figure, the reserve cannot exceed the top end of the bracket price. If the guide price is a single figure, then the reserve can be up to 10% in excess of this.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but most satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.

510 Christchurch Road, Bournemouth, Dorset, BH1 4BE

Floorplans

Floorplan

For Sale at our Past Auction

28th August 2019

  • The Village Hotel Deansleigh Road, Bournemouth, BH7 7DZ
  • Started at 6:30pm

To enquire or view, please contact

Dorset & Hampshire

  • Oxford Point, 19 Oxford Road, Bournemouth BH8
  • contact@townandcountrypropertyauctions.co.uk
  • 01202 879157

View Contact Details

Auction Finance

Unconditional Lot - Buyers Premium Applies

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Full Terms & Conditions