Property photos
Auction
Leasehold
Guide price
£125,000
2 bed flat for sale
Pine Grange, Bath Road, Bournemouth BH12 beds
Local area information
Property location
Nearby amenities
- Bournemouth 0.5 miles
- Kings Bournemouth 0.6 miles
- Switched-On Christian School 0.6 miles
- Pokesdown 2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Bournemouth to find out more about the local area.
Features and description
- Leasehold
For sale by auction on Tuesday, 09 Jul 2024 at 14:00
Venue: Live Stream
Third Floor Flat
Offering to auction, is this two bedroom third floor apartment situated in Bournemouth. This property is a fantastic investment opportunity offering a potential Gross Rental Yield of £1,300 per month and £15,600 per year. The accommodation comprises an entrance hall, living/dining room, kitchen, two bedrooms and a bathroom. Externally, this property benefits from communal grounds and parking.
Pine Grange is set within well maintained communal grounds and is just a short walk from Bournemouth Town Centre, Beach and Pier, offering good access to public transport including Bournemouth mainline Train Station.
Auctioneers note
We have been advised by a local letting agent that the potential rental of £1,300 per calendar month (£15,600 per year) is achievable and based on the current Guide Price this offers a potential Gross Yield of approximately 12.4%.
Accommodation
Entrance Hall
Living/Dining Room: 16'4" x 15'9"
Kitchen: 7'8" x 6'9"
Bedroom One: 15'6" x 11'7"
Bedroom Two: 10'4" x 12'6"
Bathroom: 10'6" x 5'5"
viewings
Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on to request a viewing.
Full details
Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale.
Notice to bidder
Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.
Service charge and ground rent
Please note we have been advised that the service charge is approximately £3,333.56 per year this also includes building insurance, heating and hot water heating.
We have been advised that the ground rent is approximately £200 per year.
Completion timescale
Please note this has a 14 day completion.
EPC Rating: C69
Additional Fees
Buyers Premium: £1200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Live Stream
Third Floor Flat
Offering to auction, is this two bedroom third floor apartment situated in Bournemouth. This property is a fantastic investment opportunity offering a potential Gross Rental Yield of £1,300 per month and £15,600 per year. The accommodation comprises an entrance hall, living/dining room, kitchen, two bedrooms and a bathroom. Externally, this property benefits from communal grounds and parking.
Pine Grange is set within well maintained communal grounds and is just a short walk from Bournemouth Town Centre, Beach and Pier, offering good access to public transport including Bournemouth mainline Train Station.
Auctioneers note
We have been advised by a local letting agent that the potential rental of £1,300 per calendar month (£15,600 per year) is achievable and based on the current Guide Price this offers a potential Gross Yield of approximately 12.4%.
Accommodation
Entrance Hall
Living/Dining Room: 16'4" x 15'9"
Kitchen: 7'8" x 6'9"
Bedroom One: 15'6" x 11'7"
Bedroom Two: 10'4" x 12'6"
Bathroom: 10'6" x 5'5"
viewings
Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on to request a viewing.
Full details
Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale.
Notice to bidder
Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.
Service charge and ground rent
Please note we have been advised that the service charge is approximately £3,333.56 per year this also includes building insurance, heating and hot water heating.
We have been advised that the ground rent is approximately £200 per year.
Completion timescale
Please note this has a 14 day completion.
EPC Rating: C69
Additional Fees
Buyers Premium: £1200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Floor plans and tours
Floor plans
No floor plan available
Tours
No virtual tour available
More information
Listed by
Auction House South West
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Property descriptions and related information displayed on this page are marketing materials provided by - Auction House South West. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Auction House South West for full details and further information.