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See how verdicts workStudio flat · BH8 8JX
Sold STCListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A first floor studio in need of decoration within a highly desirable residential area. Benefits from a self-contained kitchen, and driveway parking.
Guide Price £35,000 to £75,000 * 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 excellent opportunity to acquire a well-presented studio apartment, ideally situated in the popular Portchester Road area, offering an ideal investment, first-time purchase or holiday base.
Accessed via a secure communal entrance through a conservatory porch, the property benefits from a well-maintained communal hallway leading to the flat on the first floor.
The apartment opens into a welcoming entrance lobby with space for coats and a deep storage cupboard, providing excellent storage and potential bicycle storage.
The bright and spacious studio room features high ceilings and an attractive large south-facing bay window, flooding the room with natural light and creating an airy feel.
The versatile living space comfortably accommodates a double bed, sofa, dining table and additional furnishings.
The separate fitted kitchen comprises a range of wall and base units, stainless steel sink, electric hob and space for a fridge/freezer.
The bathroom is fitted with a full-size bath with electric shower over, WC and pedestal wash hand basin, complemented by half-height tiled walls.
Location Portchester Road is a highly desirable residential address, characterised by attractive period and substantial neighbouring properties.
The flat enjoys convenient access to Charminster, Winton and Bournemouth town centre, with excellent local bus services, shops, cafs and amenities all within easy reach.
An ideal auction purchase offering strong rental potential and an excellent location. Early viewing is highly recommended.
The property will be entered into our 26th August auction which is held online and starts at 10am. You must register to bid and download the legal pack. PROPERTY FEATURES . Studio . Off Road Parking .
Council Tax Band: A . Market Value: £110,000 . Rental Value Per Month: £750 . 28 Day Completion ADDITIONAL INFORMATION . Property Tenure: Leasehold . Length of lease remaining: 61 .
Annual ground rent: £100 P/A Approx . Annual service charge: £624.90 per half year Approx VIEWING ARRANGEMENTS The property is available for viewing immediately, please call us on .
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.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a £5,000 or 5% deposit and a 5%+VAT (subject to a minimum of £5,000+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.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
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See projected short-stay revenue vs a vanilla BTL for this property.
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Area
Agent & docs
FAQ
About Flat 7 Fairlorne Court, 59 Portchester Road, Bournemouth, Dorset, BH8 8JX
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