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Flat 1, 12 Argyll Road, Bournemouth BH5 1ED

Lot no: 81 Sold at Auction for £51,000
 

Guide Price £40,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 25th April 2024

9.00am
Key Features
  • Ground floor studio apartment
  • Popular and convenient residential location
  • Ideal investment opportunity
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Sold at Auction for £51,000

Studio flat

Property Description:

A well proportioned studio apartment situated in the ever popular area of Argyll Road. The studio apartment is on the ground floor of this converted large Victorian house. The accommodation comprises open plan living/bedroom, kitchen and bathroom with three piece suite.

Boscombe is an extremely popular suburb of Bournemouth which is located to the south east neighbouring both Bournemouth town centre and Southbourne. Locally there are a number of great shopping facilities.

NOTE: Bidders will be required to pay a £5,000 deposit prior to auction before being authorised to bid. Payments will be returned to any unsuccessful bidders following the auction.

Additional Information:
Water: Mains
Electric: Mains (not currently connected)
Sewerage: Mains
Heating: Electric heaters assumed/Electric immersion.
Building construction: Brick
Flood Risk: Very low
Broadband Estimated Speeds: Standard 16 mbps, Superfast 219 mbps, Ultrafast 1000 mbps.
Mobile Signal: O2, EE, Three and Vodafone available
Satellite and Cable TV Availability: BT, Sky and Virgin
Conservation Area: Boscombe Spa, Bournemouth, Christchurch and Poole.

Note: The property is sold as seen. All services/appliances have not and will not be tested.

Leasehold Information

99 years from 29 September 1987. Further lease details and any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Tenure:

Leasehold. Vacant possession upon completion.



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of 1.2% of the purchase price inc. VAT

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
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