Call 0800 038 5996

Guide Price: £360,000.00

Modern Method of Auction

1 Windsor Road , , Bournemouth , BH5 1DT

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AUCTION SOLD

Lot Number: 85452258

Property ID: 75247570

MK Iford

tayo@mkestates.co.uk

01202611270

Guide Price

£360,000.00

Method of Auction

Modern

Property Type

House

Number Of Beds

5+

Tenure

Freehold Property

Address

1 Windsor Road

Key Features

**ATTENTION INVESTORS**
Registered & Licensed HMO
Fantastic Yield
Private Garden
7 Bedroom buy-to-let terraced house set over three floors
Viewings highly recommended

Description

*For Sale By Online Auction: 01.09.21 *

MK Estates are delighted to offer for sale this substantial Freehold property which is the perfect investment for those looking to purchase a fully licensed HMO property producing an Annual Yield of 8% which offers good scope to improve.

This 7-bedroom property is Ideal for professional sharers/ students offers extensively refurbished accommodation throughout, good size bedrooms, outside space and 3 bathrooms. As you enter the property the hallway leads to lounge/bedroom, further bedroom, shower room and large kitchen. The kitchen is fully equipped and there is a utility area to the rear housing the washing machine.

The back door leads to courtyard area with bike storage, shed with tumble dryer and back gate access.

The first floor has three good size double bedrooms, a main bathroom and shower room. There is a second washing machine located in the first-floor shower room. All rooms are excellent size doubles, with wardrobe, desk, storage, bed and sinks. The 2nd floor has two final double bedrooms.

The property is situated in Windsor Road you are only 0.8 Miles from the Chiropractic College (appox 10 minute walk) and a short stroll from the beach (0.5 Miles) from the town centre/Lansdowne University (1.0 Miles) making it perfect for a safe re-sale if ever needed.

The property has been let to a group of 6 on a AST starting 1.9.21 @ £2600pcm for 12 months.

Viewing is highly recommended


AUCTION
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 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, 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 a single figure guide price or if a guide price bracket is quoted the reserve will fall somewhere within those figures.

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 1DT

Agent's Information

Name: MK Iford

Address: Bournemouth, Dorset, BH7 6SH

Telephone Number: 01202611270

Email: tayo@mkestates.co.uk

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