£175,000

1 bed flat for sale in San Remo Towers, Sea Road, BH5 (ref: 544361)

Shortlist

Key features

  • Close To The Beach
  • No Onward Chain
  • Large One Bedroom Ground Floor Flat
  • Share of Freehold
  • Investment Opportunity
  • Parking is on a permit basis
  • Auction Property (See below for details)
  • Would make a great holiday home

Video

**BUY IT NOW** San Remo Towers was designed in 1935 in Los Angeles Hispanic style. It is located in the seaside town of Boscombe, near Bournemouth. Facilities include a rooftop area, a residents' lounge, a laundry and a bike store. There is a parking garage and overground parking, the flat has previously had a permit for the current parking space, you would need to make inquiries as to whether this would carry over from the current owner. It was awarded Grade II Listing Status in 1999.

Moving onto the flat, the first thing that strikes you on a sunny day is how bright the property is...with so many tall arched windows throughout the apartment. The living room and kitchen flow nicely into each other and have a very sociable feel, while still offering separation when desired. The property does have scope to be modernized which should of course see you increase the value of the property in the future.

Moving along the long hallway to you will see a very generous 4 and a half meter squared Master bedroom again with a bright position benefiting from the morning sun. Lastly we reach the family bathroom, all in good order and again value can be added with some slight modernization.

Offered with vacant possession, with no forward chain

-Heating and hot water are included in the service charges which are approx £3500pa *at time of instruction

-Share of Freehold with 999 years from draft date

-Parking is issued on a permit basis and not guaranteed*** We have been informed that the previous tenant paid £100 every 6 months and that the permits do not pass to the new owner and will need to be re-applied for.***

Please note virtual staging has been used for some of the images to illustrate what the property would look like furnished.

Important Information -

This property is being sold by conditional online auction. Unlike a private treaty sale (i.e. private negotiated sale), the property will be sold via an online auction and at the end of the auction, the highest bidder and seller contractually commit to progress the sale (which remains subject to contract) within a specified period, giving both parties commitment and more certainty that the transaction will proceed.

The auction bidding window will end at the time and date stated on this property's page on the agent's website. At that point, a reservation fee will be paid by the highest bidder, giving them an exclusive period of time in which to exchange contracts and complete the transaction, during which the seller agrees not to take steps to sell the property to anyone else. The reservation fee is non-refundable and for this property is £3,600.00 Inclusive of VAT. Reservation Fees do not contribute towards purchase prices (or deposit payments), although they will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

Occasionally, the seller of the property may charge additional fees, listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. We strongly recommend that you read the Legal Pack carefully before bidding and obtain independent legal advice, where necessary.

Contracts do not exchange immediately at the end of the auction period and can take place when you are ready, also allowing you time to raise a mortgage if you require one. The exclusivity period granted to the highest bidder is, however, time limited (note the length of this period will vary from property to property) and should you not exchange contracts and complete the transaction within this period, the seller shall be entitled to take steps to sell the property to a third party. The exclusivity period for this property is 56 days from the end of the auction. If you feel that you would require more time than this, please enquire with the agent before you place a bid, as the seller may be able to offer some flexibility.

Each property sold is subject to a reserve price - only offers in excess of the reserve price shall be accepted. The reserve price will be within 10% of the guide price. The guide price is provided as an indication so that a bidder can consider whether or not to pursue their interest.

To see the current highest bid price, auction end date or length of exclusivity period, or, to log in or register to bid, please visit the property page on the agent's own website.

All of our conditional online auctions are subject to our Bidder Terms, available at https://www.landmark.co.uk/wp-content/uploads/2023/03/Optimus-Bid-Bidder-Terms.pdf

What this property offers

  • Garage
  • No Onward Chain
  • Parking and/or Driveway

Download brochure

Stamp duty due

Based on a sale price of £175,000 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.

14 Property Images

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Further details

  • Status: Available
  • Council tax band: C
  • Council tax amount: £1731
  • Tenure: Share of Freehold
  • Tags: Garage, No Onward Chain, Parking and/or Driveway
  • Reference: 544361

Location

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