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Guide Price: £110,000.00

Modern Method of Auction

18 The Cotton Exchange , 501 507 Christchurch Road , Bournemouth , BH1 4AJ

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CURRENT BID*

£105,500.00

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AUCTION CLOSED

Lot Number: 94059679

Property ID: 95881816

Whoobid Auctioneers

djacobs@whoobid.co.uk

01202 137200

The minimum current bid is £106,000.00

Fees Apply

Automatic maximum bid £ (only bid in increments of £500)

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Guide Price

£110,000.00

Method of Auction

Modern

Property Type

Flat

Number Of Beds

1

Tenure

Leasehold Property

Address

18 The Cotton Exchange

Key Features

• Situated In The Cotton Exchange, A Landmark Development Of Modernised Victorian Architecture
• Within Close Distance Of Award-Winning Beaches
• Open Plan Lounge/Kitchen/Diner
• Long Lease
• Communal Roof Top Gardens
• Conveniently Located Near To Local Amenities & Public Transport Links
• Buyers Fee Applies
• Pre Auction Offers May Be Considered
• Auction Pack Available on Request

Description

One double bedroom apartment situated on the first floor of a landmark development, conveniently located within close distance of award-winning beaches & near to local amenities, open plan lounge/kitchen/diner, very well presented throughout, a modern purpose-built block boasting communal roof top gardens, long lease, secure bike store, ideal purchase for first time buyers or as a buy to let.

Description:
This well-presented apartment is situated in The Cotton Exchange, a landmark development of just 39 apartments in a modernised, purpose-built block of Victorian architecture located within walking distance of award-winning beaches. This apartment is conveniently located near to local amenities and public transport links and would make an ideal purchase for a first-time buyer or as a buy to let opportunity. The apartment comprises; an entrance hall, an open plan lounge/kitchen/diner, one doubled bedroom, and a bathroom. Externally this property boasts communal, roof top gardens and a secure bike store.

A viewing is a must to truly appreciate what this property has to offer.

Location:
The Cotton Exchange is located in Christchurch Road which is within easy walking distance of local amenities and public transport links and routes in and out of Bournemouth. Bournemouth town centre and award-winning, sandy beaches are also nearby.

Directions:
From the roundabout at Boscombe Pier head up Sea Road taking the second turning on your left into St John's Road. Continue along St John's Road taking the third turning on your right into Cecil Road and then the first tuning on your left into Adeline Road. Continue along Adeline Road, The Cotton Exchange is located on the corner of Christchurch Road and Adeline Road.

Entrance Hall

Lounge/Kitchen/Diner
17' 9'' x 12' 6'' (5.41m x 3.81m)

Bedroom
12' 8'' x 9' 2'' (3.86m x 2.79m)

Bathroom
5' 7'' x 5' 7'' (1.70m x 1.70m)

EPC
Rating C.

Tenure: Leasehold.
Lease Length: 119 years remaining - 125 years from 1st November 2015.
Service Charge: £954.26 per annum.
Ground Rent: £250 per annum.

IMPORTANT NOTE:
These particulars are believed to be correct, but their accuracy is not guaranteed. They do not form part of any contract. Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise, nor that any of the services, appliances, equipment or facilities are in good working order or have been tested. Purchasers should satisfy themselves on such matters prior to purchase.

AUCTION TERMS:
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...

FEES:
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:
**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:
**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.

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 4AJ

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Agent's Information

Name: Whoobid Auctioneers

Address: LONDON, Dorset, EC1V 2NX

Telephone Number: 01202 137200

Email: djacobs@whoobid.co.uk

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