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Guide Price: £300,000.00

Modern Method of Auction

63 Wessex Road , , Dorchester , DT1 2NU

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CURRENT BID*

£290,000.00

(Place a bid)

AUCTION CLOSED

Lot Number: 48086184

Property ID: 78707270

Whoobid Auctioneers

djacobs@whoobid.co.uk

01202 137200

The minimum current bid is £290,500.00

Fees Apply

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

£

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Guide Price

£300,000.00

Method of Auction

Modern

Property Type

House

Number Of Beds

5+

Tenure

Freehold Property

Address

63 Wessex Road

Key Features

• Freehold Block Comprising Three Self-Contained Apartments
• 2 x Two-Bedroom Apartments (49m² each) And 1 x Studio Apartment (25m²)
• Flexible / Long-Term Potential As A Buy-To-Let, Break-Up Sale, Or Redevelopment Opportunity
• Strong Rental Demand In The Area Ensuring Consistent Occupancy
• Potential For Future Capital Growth Or Resale Of Individual Units
• Convenient Dorchester Location Close To Town Centre, Amenities, And Transport Links
• All Properties Have An EPC Rating Of D
• Buyers Fee Applies
• Pre Auction Offers Considered
• Auction Pack Available On Request

Description

** For Sale By Online Auction** Pre Auction Offers Considered**

The accommodation is arranged to provide two spacious two-bedroom flats and one well-proportioned studio. On the ground floor, 63A Wessex Road offers a two-bedroom apartment of approximately 49m² with an EPC rating of D. This property is currently vacant. Also on the ground floor is 63B Wessex Road, a compact but practical studio apartment of around 25m², also rated EPC D, producing a rental income of £550 per calendar month. The first floor is home to 63C Wessex Road, another bright and well-laid-out two-bedroom flat of approximately 49m², again EPC rated D, let at £650 per calendar month.

Each flat is independently accessed, and the block as a whole offers flexibility for either long-term hold as an investment or potential resale of the individual units at a later stage. Given the strong rental demand in Dorchester, this property represents a secure and appealing addition to any buy-to-let portfolio.

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 reserves the right to remarket the property, and the reservation fee will not be returned, they will then have a further 28 days to complete. 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 3.6% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £5940 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.

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: DT1 2NU

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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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