Lot 151 Flat For InvestmentAuction Date:
24th July 2024
86A Wolverton Road, Bournemouth, BH7 6HX
Currently let at £13,800 per annum
Located in a popular residential area in the heart of Bournemouth, this substantial flat extends to 102 sq.m. and is currently arranged as a four-bedroom property.
Due to the size and scope, prospective purchasers may wish to reconfigure the accommodation to suit. The flat is considered ideal for us as an ongoing investment.
Ground Floor
Entrance porch and stairs to first floor.
First floor
Living room, kitchen, two bedrooms and bathroom.
Second floor
Two bedrooms.
Council Tax Band B
Tenure
Remainder of a 189-year lease from 12th August 1986.
Tenancy
Let on an Assured Shorthold Tenancy for a period of 12 months from 1st August 2023 at a current rental of £1,150 per calendar month.
There is an addendum available to be read
in conjunction with the legal documentation.
Important
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.
* Price Information
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to Buyers Fees
