Mazion, Poole

** For sale by online auction ** Pre-Auction offers considered **

Guide Price - £80,000

- Buyers Fee Applies
- Auction Pack Available On Request
- Auction Date - Friday 20th October 2023

A fantastic opportunity to purchase a one-bedroom ground floor apartment, just off Ringwood Road, in Poole. The property benefits from a private entrance, double bedroom with built-in wardrobe, well-proportioned kitchen, and bathroom, allocated off road parking, offered with vacant possession. INVESTOR WILL BE ABLE TO OBTAIN A 8% YEILD.

Enter the property from the rear through double gates, allocated parking at the front of the property entrance, double glazed window, and door to the front, opening on to main living area, there is a cupboard with a combination gas boiler (regularly serviced) single radiator, and a TV point, and broadband point. There is opening internal hallway with rooms leading off to the bedroom, bathroom, and kitchen.

Kitchen comprises of matching floor and wall units with roll top work surface over, single sink, mixer tap, four ring gas, hob, electric oven below, oven hood above, with an extra extractor fan. Space for a fridge freezer and space and plumbing for a washing machine. Partly tiled walls, floors laid to vinyl, and a single radiator. In the double bedroom, there is a double-glazed window to the front. A single radiator, built in wardrobes with rail and shelving. Bathroom comprises of an enamel bath with glass shower screen, mixer tap including shower attachment, pedestal hand wash, basin, low-level WC. Partly tiled walls, floor laid to vinyl, single radiator, ceiling extractor fan and a bathroom cabinet.

This property is offered with no forward chain. Would be ideal for a first-time buyer. Great starter home.

Dimensions:

Living Room
4.21m x 2.44m

Kitchen
2.50m x 2.40m

Bedroom
3.66m x 2.56m

Bathroom
2.29m x 1.79m

Allocated off road parking.

Tenure
Lease length: 80 years.
Service Charge: £616.15 (Every six months)
Ground Rent: £97 (Every six months)

This property is for sale via Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £4,800 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE SALE PRICE. Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability. Bidders will be required to register in order to download the 'legal pack', if you choose to bid on the property, you will be required to complete further identity checks for anti-money laundering purposes and provide card details before you are able to place a bid. Properties may be sold prior to public auction if an offer is accepted by the vendors.

**Guide price - This is an indication of the seller's minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.

**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction, then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above the guide price.