Call 0800 038 5996

Guide Price: £220,000.00

Modern Method of Auction

38 Richmond Park Road , , Bournemouth , BH8 8TG

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AUCTION SOLD

Lot Number: 56150845

Property ID: 67434835

Whoobid Auctioneers

djacobs@whoobid.co.uk

01202 137200

Guide Price

£220,000.00

Method of Auction

Modern

Property Type

Flat

Number Of Beds

5+

Tenure

Leasehold Property

Address

38 Richmond Park Road

Key Features

Ground Floor Registered HMO
Private Garden
For Sale By Online Auction
Buyers Fee Applies
Auction Pack Available On Request

Description

A superbly located and fully tenanted six bedroom Ground Floor registered HMO with its own private garden. The property has been well maintained through our Vendor's period of ownership and currently brings in £2120 per calendar month with scope to improve this making this an excellent investment opportunity.

Entrance Hallway - UPVC double glazed entrance door, wall mounted radiator, two storage cupboards. Doors to Living Room, Shower Room and Bedrooms 1-4.

Bedroom One - UPVC double glazed window to side aspect, wall mounted panelled radiator. Let at £325 pcm.

Bedroom Two - Large UPVC double glazed bay window to front, wall mounted panelled radiator. Let at £390 pcm

Bedroom Three - UPVC double glazed bay window to front, wall mounted panelled radiator. Let at £390 pcm.

Bedroom Four - UPVC double glazed window to side aspect, wall mounted panelled radiator. Let at £300 pcm.

Shower Room - Fitted with a modern three piece suite comprising low level flush WC, enclosed shower cubicle with mains shower and splash back, pedestal wash hand basin with mixer tap. Wall mounted chrome ladder style towel radiator.

Living Room - Wall mounted panelled radiator, fitted roof light, airing cupboard housing the hot water cylinder. Doors to Bedrooms 5 and 6, Kitchen/Breakfast Room and Wet Room.

Kitchen/Breakfast Room - Dual aspect with UPVC double glazed windows to the rear and side aspects and double glazed door to the rear garden. Fitted with a range of base and wall mounted cupboard and drawer units with laminate work surface over. Inset one and quarter bowl stainless steel sink unit with mixer tap over. Recess for kitchen appliances. Fitted electric oven and inset electric hob with filter canopy over. Breakfast bar style seating area.

Bedroom Five - UPVC double glazed window to rear, wall mounted panelled radiator. Let at £345 pcm.

Bedroom Six - UPVC double glazed window to rear, wall mounted wash hand basin, wall mounted panelled radiator. Let at £370 pcm.

Wet Room - UPVC double glazed window to side aspect, low level flush WC and wash hand basin with mixer tap. Wall mounted electric shower with tiled splash back.

Rear Garden - The rear garden is conveyed with the property being laid mainly to lawn and a patio area to the rear of the property with mature shrub and tree borders with pedestrian access gate to the side.

Garage - In a state of disrepair but could offer good storage potential if replaced.

Leasehold Information - The property is sold with the remainder of a 125 year lease from 1986 leaving approximately 90 years remaining. There is a Peppercorn Ground Rent payable and maintenance is on an as and when basis and shared with the Freeholders who live upstairs.

Rental Information - The rooms are currently all fully let and we have been provided the information as follows:

Bedroom one - £325
Bedroom two - £390
Bedroom three - £390
Bedroom four - £300
Bedroom five - £345
Bedroom six - £370

Total - £2120 per calendar month.

Directional Note - From Bournemouth proceed on the A338 out taking the slip road towards Charminster (A3049) Richmond Park Road. Just past the Bus Stop the property will be found on the right hand side and numbered.

Please Note - All measurements quoted are approximate and for general guidance only. The fixtures, fittings, services and appliances have not been tested and therefore, no guarantee can be given that they are in working order. Photographs have been produced for general information and it cannot be inferred that any item shown is included with the property.

Auction Information - 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.

Auction Information Continued - PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE ASKING PRICE.
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.

**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: BH8 8TG

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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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