* Leasehold
* Share of Freehold (999 years from 2019)
* Peppercorn Ground Rent
* Allocated Parking
* Communal Garden
* New Carpets To Be Fitted
* Buyers Fee Applies
* Pre Auction Offers Considered
* Auction Pack Available On Request
** For Sale By Online Auction** Pre Auction Offers Considered**
Bright and spacious with high ceilings, new carpets are to be fitted
throughout the entire property (other than the kitchen). Located conveniently,
being close to the vast selection of shops at Boscombe and less than half a
mile to the well renowned beach at Boscombe Pier. The property offers an ideal
investment opportunity or purchase for self - use.
Externally, there is an allocated space to the rear of the property as well as
a small communal garden.
Tenure: The property is sold with a Share of the Freehold.
Maintenance: Shared equally between 5 flats at £75 pcm each flat.
Ground Rent: Peppercorn
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 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 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.

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