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Flat 2, 1 Spencer Road, Bournemouth... 1 bed apartment for sale
Flat 2, 1 Spencer Road, Bournemouth, Dorset, BH1 3TE
£25,000
Flat 2, 1 Spencer Road, Bournemouth, Dorset, BH1 3TE
£25,000
Our Summary
- Studio Flat with 178 Year Lease and Parking in Bournemouth BH1 - Tenant In Situ (£8,400 PA in Rental Income) Guide Price £25,000 to £50,000 * Buyers Premium AppliesFor sale by public auction
- unconditional online auction
- Town & Country Property Auctions are delighted to offer For Sale by Public Auction this well presented studio apartment
- The property will be entered into our 13th August auction which is held online and starts at 10am
- The auction conditions require a full legal completion 56 days following the auction (unless otherwise stated)
- Pre Auction Offers Are ConsideredThe seller of this property may consider a pre-auction offer prior to the auction date
- All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit
- To make a pre-auction offer we will require two forms of ID,
Description
This studio flat is being sold by public auction and is situated in Bournemouth, within walking distance to the beach, train station, and town center. The property boasts a long 178-year lease and comes with one allocated parking space. The flat itself is well-maintained and features a living space, kitchen area, bathroom, gas central heating, and double glazing. The current rental income is £8,400 per annum, making it an attractive investment opportunity. The property is being sold with a guide price of £25,000 to £50,000, and a buyer's premium applies. The sale is unconditional, with contracts to be exchanged 56 days following the auction, and a 4%+VAT buyer's premium will be payable. The seller may consider pre-auction offers prior to the auction date, which will be subject to the same conditions as the auction.