Lot 19

Flat 16, Pendennis, 7 Derby Road, Bournemouth, Dorset BH1 3PU


> Spacious Top Floor Three Bed Purpose Built Apartment
> Good Decorative Condition - Let At £18,000 PA
> An Ideal Investment Purchase In A Central Location

Guide Price: £140,000 Plus

Description:

Lease Details

The Lease is dated 2nd August 1988 for a term of 99 years from 29th September 1982.

Location

This top floor apartment can be found in the popular residential and established area of East Cliff. The area is well placed for access to Bournemouth town centre and the amenities available in Boscombe, along with the beach front and other attractions.

Description

This spacious three double bedroom two bathroom apartment can be found on the second floor of this Art Deco style purpose built building. The property is offered in good decorative condition and is currently tenanted, making it an ideal investment purchase.

Accommodation

GROUND FLOOR: Communal Entrance Door to Communal Reception Hallway with Lifts and Stairs to all Floors. SECOND FLOOR: Front Door to Entrance Hallway, Lounge, Kitchen, Bedroom One (Double), Bedroom Two (Double), Bedroom Three (Double), Bathroom/WC, Shower Room/WC.

Tenancy Details

The property is currently let to three professional tenants on separate room licence agreements, each paying £500 pcm (total £1,500 pcm) inclusive of bills. A copy of these agreements will be included in the legal pack and all prospective purchasers are advised to satisfy any enquiries regarding the status of the tenancies prior to bidding.

Tenure

Leasehold

EPC Rating

D

Important Notice

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price. Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at. When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.

Viewing Dates and Times

Tuesdays & Thursdays 10:00am - 10:30am starting 8th October. OPEN HOUSE VIEWINGS! Staff will automatically be at the property on the days and times above. Please ensure you arrive promptly at the start time as staff will have to leave sharply at the end of the viewing.