1 bed Flat For Sale £75,000
Mannington Place, Bournemouth BH2

MK Estates are delighted to offer FOR SALE VIA ONLINE AUCTION this one bedroom apartment.

The property situated in the heart of Bournemouth's vibrant Town Centre, this enticing one bedroom apartment offers an incredible opportunity for investors seeking a lucrative venture. The prime location provides easy accessibility, just a short stroll away from an abundance of shops, restaurants, and the award-winning Beaches that attract tourists year-round.

The apartment has been rented at £750 per month. With an impressive EPC Rating C, you can trust in the quality of this well-maintained residence.

Spanning an impressive 469 square feet, this splendidly maintained property boasts a modern and functional layout, guaranteeing a comfortable and well-appointed living space. The bedroom is a double and bathroom provides a shower over bath and offers ample storage.

Perfectly primed for holiday lettings and Air BNB, this property has fantastic potential for lucrative returns.

Service Charge Approx. £808pa

Lease: 124 year lease
Ground Rent - Peppercorn

If you are an investor looking to seize this investment opportunity, don't miss out! Call MK Estates today.

Conditional Online Auction Information
Please note: This property is for sale by condition online auction. This means the successful buyer enters into a Reservation Agreement when the online timer reaches zero (provided the seller's reserve price has been met or exceeded). The winning buyer will be legally obliged to purchase the property at their highest bid price.

Fees: When entered into the Reservation agreement, the successful buyer must pay 2% + VAT of the purchase price (subject to a minimum of £6,000 incl. VAT). Where applicable, you may be required to pay any outstanding amounts of the reservation fee immediately at the end of the auction, if your bid is successful. You should check the Reservation Contract document contained as part of the legal documents for each property. Following this, the buyer must then exchange within the maximum time frame of 20 working days, and complete within the maximum time frame of a further 20 working days after that. This is subject to change and will be an agreement between buyer and seller.

Pricing Information:
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount..

MK Estates and Bamboo Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail. Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances