*Guide Price £75,000+ (+ fees). For Sale by National Timed Auction, bidding opens 25/11/24 at 13:00pm and closes 24 hours later. One bedroom first floor flat offering a great investment opportunity with a potential gross yield of 13.6%. Full legal pack available to download via our website.
Description
First Floor Flat
Offering to auction, this one bedroom first floor flat situated in Bournemouth. The accommodation comprises an entrance hall, living/kitchen/dining room, bedroom and a shower room. The potential rental income is £850 per month and £10,200per year. This offers any prospective purchaser a potential gross yield of 13.6% based on the guide price.
The property is approximately half a mile to Bournemouth Town Centre and within walking distance of local high streets, all of which offer a variety of shops, cafés and restaurants. The home is within easy reach of the beach, local bus routes and train stations which offers direct lines to areas such as Weymouth and London Waterloo.
AUCTIONEERS NOTE
RENTAL YIELD: We have been advised by a local estate agent that the potential rental income per month is £850 and the yearly rental income is £10,200. This offers a potential gross yield of 12.4% based on the guide price.
ACCOMMODATION
Entrance Hall
Living/Kitchen/Diner: 16'3" x 15'7"
Bedroom: 9'6" x 8'4"
Shower Room: 8'10" x 2'11"
VIEWINGS
Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on 03456 461361 to request a viewing.
FULL DETAILS
Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within the full property details, online, via our website. All published information is to aid identification of the property and is not necessarily to scale.
NOTICE TO BIDDER
Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.
Tenure: Leasehold
Lease Details: 99 years from September 2007
EPC Rating: C:79
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Buyers Premium
Buyers Premium of £1,560 including VAT
Administration Charge
Buyers Administration Charge of £1,200 including VAT
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- 1 Bedroom
- Unconditional (Immediate Exchange)
Call the team on 01752 474200 for more information
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