1 bed Flat For Sale £110,000
***for sale by online auction on the 18th of February***
MK Estates are delighted to offer for sale by online auction this one double bedroom fourth floor apartment located within a sought after Bournemouth Town Centre development, offering fantastic cityscape and far reaching views.
The property is conveniently located within less than 100 meters to a wealth of shops, bars and restaurants whilst also being less than a mile from the award winning blue flag sandy beaches.
The development is accessed via a secure intercom entry phone system, giving access to a well-kept communal lobby with two lifts and stairs providing access to all floors. On reaching the apartment an entrance hall gives access to all further accommodation. The open plan living space boasts far reaching views with the kitchen area benefiting from an integrated fridge and washing machine as well as oven and hob.
The bedroom is a double in size and is served by a modern shower room fitted with a glass enclosed walk in shower, WC, wall mounted chrome heated towel rail and wash hand basin.
The property further benefits from an allocated parking space.
Tenure & Maintenance:
Leasehold: Approx 120 years remaining
Maintenance: Tbc
Ground Rent: Tbc
The above has been provided by the owner and will need to be verified by solicitors.
Auction Terms:
This property is for sale via 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 auction will run for 3 hours on a set date and time chosen by the vendor of the property. The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar toa traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount. 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 tothe 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 and provide card 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.
MK Estates are delighted to offer for sale by online auction this one double bedroom fourth floor apartment located within a sought after Bournemouth Town Centre development, offering fantastic cityscape and far reaching views.
The property is conveniently located within less than 100 meters to a wealth of shops, bars and restaurants whilst also being less than a mile from the award winning blue flag sandy beaches.
The development is accessed via a secure intercom entry phone system, giving access to a well-kept communal lobby with two lifts and stairs providing access to all floors. On reaching the apartment an entrance hall gives access to all further accommodation. The open plan living space boasts far reaching views with the kitchen area benefiting from an integrated fridge and washing machine as well as oven and hob.
The bedroom is a double in size and is served by a modern shower room fitted with a glass enclosed walk in shower, WC, wall mounted chrome heated towel rail and wash hand basin.
The property further benefits from an allocated parking space.
Tenure & Maintenance:
Leasehold: Approx 120 years remaining
Maintenance: Tbc
Ground Rent: Tbc
The above has been provided by the owner and will need to be verified by solicitors.
Auction Terms:
This property is for sale via 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 auction will run for 3 hours on a set date and time chosen by the vendor of the property. The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar toa traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount. 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 tothe 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 and provide card 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.
