Guide Price: £110,000.00

Traditional Auction

3a Julian Terrace , Seabourne Road , Southbourne , BH5 2JE

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AUCTION SOLD

Lot Number: 84899465

Property ID: 57662523

Whoobid Auctioneers

djacobs@whoobid.co.uk

01202 137200

Guide Price

£110,000.00

Method of Auction

Traditional

Property Type

Flat

Number Of Beds

2

Tenure

Leasehold Property

Address

3a Julian Terrace

Key Features

• Guide Price £110,000-£125,000
• Ideal Investment Opportunity
• Spacious Apartment
• Two Double Bedrooms
• Close To Southbourne Grove
• Short Lease
• No Onward Chain
• Buyers Fee Applies
• Pre Auction Offers Considered
• Auction Pack Available On Request

Description

Guide Price £110,000 - £125,000

This two bedroom second floor apartment is set close to Southbourne Grove and offered for sale chain free. It would benefit from some updating and the lease extending (currently 60 years remaining) giving room for improvement and making it an ideal investment.

The apartment is set on the second/top floor of a period building within close proximity of the popular Southbourne Grove which offers a wide range of shopping facilities, eateries and bus routes.

It is accessed via an external staircase set to the rear of the building, a private entrance then giving access to the apartment where there is a small hallway giving access to the kitchen and shower room.

The kitchen is fitted with a range of eye and base level units and has a rear aspect window giving a pleasant elevated view over the Southbourne conurbation. There is a fitted electric hob with oven beneath and space for both a washing machine and undercounter fridge. A recessed store/cupboard provides additional storage and also houses an electric boiler.

The living room overlooks the front of property and retains some original features with a period fireplace (disused) and picture rails.

Both bedrooms make for double rooms, the master making a good double and also featuring a period fireplace (disused).

The shower room has a side aspect window for naturally light and ventilation and comes fitted with a low level wc, hand wash basin and walk in corner shower.

Whilst presented in fair order throughout, in our opinion there is scope for some improvement to add value.

Tenure: Leasehold
Lease Length: 99 years from 15th June 1983 = 60 years remaining
Ground Rent: TBC
Service Charge: TBC

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 auction will run for 3 hours on a set date and time chosen by the vendor of the property. The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount. 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 ASKING 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 and provide card 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: BH5 2JE

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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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