Sold for £35,000

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A well presented first floor studio flat, let producing £4,500 pa.

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Description/Location

Situated within a prominent position in the town centre next to Lloyds Bank and close to the beach, the property is let on an AST producing £375 pcm.

Tenure

Leasehold: 99 years from 25/12/2001

Local Authority

Dorset Council 01305 251000 www.dorsetcouncil.gov.uk

Viewing

Please contact Elliott Network Auctions on 020 7871 0420

Accommodation

First Floor: Front door to bed sitting room with kitchen, shower room.

Rent

Current Rent Reserved: £4,500 pa

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*Guide Price & Reserves

Generally speaking Guide Prices 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. Virtually every 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.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.