2 Bed Flat For Sale

Two Bedroom Apartment Close to the Sea with Balcony in Boscombe Spa BH5 - Turn Key Investment Property (Low Service Charge)



Guide Price £75,000 to £125,000 * Buyers Premium Applies



For sale by unconditional online auction.



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 purpose built 2 bedroom first floor flat located with a few hundred yards of the beaches and Boscombe pier. Generously sized and offering two balconies this flat makes an attractive investment opportunity. Accommodation comprises lounge diner, the third bedroom has been opened up to make the room even larger, kitchen bathroom and two double bedrooms. The property is sold with a tenant in situ paying £1250 PCM. The tenant is up to date with the rent and on a rolling contact and would like to stay if the new buyer would like to keep the tenant in situ.



The reserve is to be agreed prior to the start of the auction.



The property will be entered into our 10th December auction which is held online and starts at 10am. You must register to bid and download the legal pack.



PROPERTY FEATURES

. Two Bedroom Flat with Balconies

. A Moments Walk from Boscombe Beach

. Currently Let on a Rolling AST Agreement

. Permit Parking Available via Local Authority

. Current Rent £1250 PCM (£15,000 PER ANNUM)

. Council Tax Band: A

. 28 Day Completion

. Cash Buyers Only



ADDITIONAL INFORMATION

. Leasehold

. Length of lease remaining: 39 Years Approx

. Annual ground rent: £25

. Annual service charge: As & When

. Communal Lighting: £300 PA

. Buildings Insurance: 12.5% Share Equalling £904



LEASE RENEWAL INFORMATION

The seller has confirmed that they will issue a Section 42 Notice to allow the new owner to renew the lease without waiting the required 2 years after purchase. For more information please contact us.



TENANCY INFORMATION

. Rent Currently £1250 PCM

. Tenancy Term: 6 Months (Rolling Contract from Nov 2025)

. Tenancy Start Date: 24/05/2025

. Tenancy Type: AST

. Are the Tenants in Arrears: No



VIEWING ARRANGEMENTS

We will be holding viewing slots, please call us on .

The property is available for viewing immediately. Please contact Town & Country Property Auctions for more information and to register for the auction. The auction will be held online, and registration is now open.



Tenure

Leasehold



UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a £5,000 or 5% deposit and a 2%+VAT (subject to a minimum of £7,000+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).



Pre Auction Offers Are Considered

The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are 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.



Special Conditions

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.