Unsold, please refer to the auctioneer

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Partly converted studio flat situated close to the sea with extensive outside space including 6-7 parking bays. The property requires completion works to make it habitable. Vacant.

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Description/Location

The property forms part of a residential development and benefits from views across fields to the lighthouse and sea beyond. Formerly a plant room but referred to as a flat within the title and lease. Work to the interior has started including fitting a kitchen and bathroom sanitary ware but requires completion prior to occupation. We refer bidders to the legal pack and a letter dated 24/03/2022 from Dorset Council confirming they have inspected the works.

Tenure

Leasehold: 125 years from 29/09/2017, ground rent £200 pa.

Office Contact

Network Auctions - 020 7871 0420

Accommodation

Ground Floor: Entrance hall, kitchen, shower room, office / studio room. Outside: Parking area suitable for 6-7 cars.

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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.