Guide Price £110,000

1 bed flat for sale in Cleveland Road, Bournemouth, BH1 (ref: 682432)

Shortlist

Key features

  • Parking
  • One Bedroom
  • Investment Opportunity
  • For Sale via Online Unconditional Auction
  • Ground Floor
  • Being sold via ‘Secure Sale’
Located in Springbourne this property is close to Holdenhurst Road, its shops and travel links, as well as being close to the town, beach, and A338 Wessex Way for ease of access out of town.

The is positioned on the ground floor, and offers a comfortable living space, with a good sized living area, a separate modern kitchen (updated in 2024), bathroom (also updated in 2024), and a double bedroom with built in storage. 

The property also benefits from one allocated parking space. 

The property is rented as a minimum until February 2026.

Further information -

Tenure - Leasehold

Years Remaining - 94

Service Charge - £1360pa

Ground Rent - £150pa

Rental Information -

Currently let on a rolling contract at £800pcm.

Nearby -

Nearest Bus Stop (Springbourne Library) - 0.1 mile

Aldi - 0.3 miles

Boscombe Pier - 0.9 miles 

Asda/Bournemouth Train Station - 1.1 miles

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.

These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Stamp duty due

Based on a sale price of £110,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

11 Property Images

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Further details

  • Status: Available
  • Council tax band: A
  • Council tax amount: £1298
  • Tenure: Leasehold
  • Parking spaces: Allocated, Off Street
  • Reference: 682432

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