Auction House / South West
  • For Sale By Unconditional Online Auction
  • Guide Price* : £50,000
  • Auction Ended 15/08/2023
  • Lot 29

Flat 14 Wykes Gate, Third Floor Flat 14 Wykes Gate, Bridport, Dorset, DT6 3JR

*Guide Price £50,000 (+ fees). For sale via Unconditional National Online Auction starting 14/08/2023 and ending 15/08/2023. Third floor studio apartment within a purpose-built block of apartments.

Description

*Guide Price £50,000 (+ fees). For sale via Unconditional National Online Auction starting 14/08/2023 and ending 15/08/2023. Third floor studio apartment within a purpose-built block of apartments.

Third Floor Studio Apartment

This studio apartment is located on the third floor of this purpose-built block of apartments and comprises of a studio room with built in cupboards, a kitchen area and a bathroom.

Estimated rental Yield: This property has an estimated rental yield of £550 per calendar month and £6,600 per year. Based on the current guide price the yield starts from 13.2%.

LOCATION The property is located in the historic market town of Bridport, within walking distance of a range of shops and restaurants. Maiden Newton Mainline Station is approximately 8 miles away.
ACCOMMODATION Living Space - 6.4 x 3.65 m
Bathroom - 1.75 x 1.5 m
Kitchen Area - 2.5 x 1.9 m

Total Floor Area - 29 sq m
VIEWINGS Regular viewing sessions will be provided in the lead up to the auction. To register your interest please call the office on 03456 461361.
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.
FULL DETAILS Disclaimer: Please note that the pictures and floorplan have ben provided to us.

Tenure: Leasehold

Lease Details: Term of 125 years from 25/12/1988

EPC Rating: C75

Lot Type

Residential

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

£1000 + VAT (£1200 inc VAT)

Administration Charge

£1000 + VAT (£1200 inc VAT)

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* Guide | £50,000
  • Flat
  • 1 Bedroom
  • Unconditional (Immediate Exchange)

Call the team on 01752 474200 for more information

Floor plan Request more info
Finance available on this property
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Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.