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£45,000

Cecil Lodge, Cecil Road, Bournemouth, Dorset, BH5

  • 0 beds
Flat
Under offer/SSTC

£45,000

  • 0 beds
Flat
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Estimate monthly mortgage payment:

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Minimum deposit amount:

£2,250
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Studio Apartment in Boscombe, Bournemouth BH5 - Leasehold & Vacant Possession - BH5 Guide Price £45,000 * Buyers Premium Applies For sale by unconditional online auction. 31st May 2022. Auction venue: Registration Now Open - Auction Starts 10am . To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk Town & Country Property Auctions are delighted to offer for sale by public auction this spacious ground floor studio apartment with private entrance in Boscombe BH5. The property is in need to renovation but great potential as either a holiday home or investment property with a rental income of circa £600 per calendar month and above. The property will be entered into our 28th of April 2022 auction which is held online and starts at 10am. You must register to bid and download the legal pack. PROPERTY FEATURES . Studio Apartment in Boscombe BH5 . In Need of Renovation . Separate Shower Room . Vacant Possession . Rental Value of £550 to £600 PCM When Renovated . Leasehold . Cash Buyers Only LEASEHOLD INFORMATION Remaining Lease Term: Approx. 107 years Service Charge:£1,800 Per Annum Ground Rent: £125 Per Annum PRE-AUCTION OFFERS ARE CONSIDERED The seller of this property would consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but 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, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us on 01202 143399. UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a deposit and a 2%+VAT (subject to a minimum of £6,500+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated). Special Conditions

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Mortgage and legal costs:
£999
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