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Guide Price: £150,000.00

Modern Method of Auction

Flat 10, 35 Wellington Road , , Bournemouth , BH8 8JH

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AUCTION SOLD

Lot Number: 51010970

Property ID: 26328285

Whoobid Auctioneers

djacobs@whoobid.co.uk

01202 137200

Guide Price

£150,000.00

Method of Auction

Modern

Property Type

Flat

Number Of Beds

2

Tenure

Leasehold Property

Address

Flat 10, 35 Wellington Road

Key Features

BUYERS FEES APPLY
AUCTION PACK AVAILABLE
MORTGAGE BUYERS WELCOME
REQUIRES MODERNISATION
TENANT IN SITU
2 BEDROOMS
6.7% YIELD APPROX (BASED ON GUIDE PRICE)

Description

This 2 double bedroom top floor apartment benefits from having its own balcony and a parking space, whilst being only a short distance from Bournemouth town centre. The property is in need of some modernisation, boasting lounge/dining room, balcony, kitchen, two bedrooms, bathroom, gas fired central heating, double glazing, communal gardens and off road parking. The property is situated with good transport links into Bournemouth town centre and train station.

Tenant in situ paying £875pcm the rent review is due December 2021 - Yield: 6.7% (approximately - based on guide price)

Auction pack available on request
Communal Entrance
Intercom entry system, stairs to first and second floor.

Entrance Hall
Radiator, intercom handset, hatch to loft space, built in storage cupboard.

Lounge
UPVC double glazed casement door to balcony, UPVC double glazed window to side, laminate floor, smooth and coved ceiling, wall light point, radiator.

Balcony
Enclosed by low brick wall and railing.

Kitchen
Single bowl single drainer sink unit, inset roll top worksurface with range of base units with space and plumbing for washing machine, integrated electric oven, four ring gas hob, space for fridge/freezer, range of wall mounted matching base units, filter hood, tiled splashback, radiator, tiled floor, Velux window, wall mounted gas fired combination boiler serving central heating and hot water, recess downlighters.

Bedroom One
Two Velux windows, radiator, sloping ceiling, telephone point, TV aerial point, smooth and coved ceiling.

Bedroom Two
Velux window, radiator, smooth and coved ceiling.

Bathroom
Suite comprises panelled bath with mixer shower attachment, pedestal wash hand basin, low level WC, radiator, tiled floor, part tiled walls, extractor fan, recess downlighters, smooth and coved ceiling.

Outside
Communal gardens, off road parking space.

Tenure
Leasehold: 76 Years- Option to extend please call us to discuss this further

Service Charge: £1200 per year (approximately)
Ground Rent: £150 per year (approximately)


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 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: BH8 8JH

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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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