One Bedroom Apartment
Flat 3 Richley House, Mannington Place, Bournemouth, BH2 5NA
- 5
Key features
Guide Price: *
£75,000
Fees apply
Reservation fee:2.4% (min. £6,000)
All fees include VAT at 20%
Auction Type:
Conditional
Sold for:
£79,000Bid history
5 bidsTThis is an automatic bid as the bidder has set a maximum bid for this lot
03/04/2024 11:08:51 - £79,000
G
03/04/2024 11:08:51 - £78,000
TThis is an automatic bid as the bidder has set a maximum bid for this lot
02/04/2024 10:29:09 - £77,000
See all 5 bids â–¾
MK Estates are delighted to offer FOR SALE VIA ONLINE AUCTION this one bedroom apartment.
The property situated in the heart of Bournemouth's vibrant Town Centre, this enticing one bedroom apartment offers an incredible opportunity for investors seeking a lucrative venture. The prime location provides easy accessibility, just a short stroll away from an abundance of shops, restaurants, and the award-winning Beaches that attract tourists year-round.
The apartment has been rented at £750 per month. With an impressive EPC Rating C, you can trust in the quality of this well-maintained residence.
Spanning an impressive 469 square feet, this splendidly maintained property boasts a modern and functional layout, guaranteeing a comfortable and well-appointed living space. The bedroom is a double and bathroom provides a shower over bath and offers ample storage.
Perfectly primed for holiday lettings and Air BNB, this property has fantastic potential for lucrative returns.
Service Charge Approx. £808pa
Lease: 124 year lease
Ground Rent - Peppercorn
If you are an investor looking to seize this investment opportunity, don't miss out! Call MK Estates today
Summary
- Lot number
- 1
- Auction end
- 5th Apr at 11:00
- Property type
- Residential
- Tenure
- Leasehold
- Bedrooms
- 1
- Bathrooms
- 1
- Council tax band
- B
Summary
- Lot number
- 1
- Auction end
- 5th Apr at 11:00
- Property type
- Residential
- Tenure
- Leasehold
- Bedrooms
- 1
- Bathrooms
- 1
- Council tax band
- B
This property is being sold by:

MK Estates - Iford
+01202 611270
2 Castle Parade Iford BH7 6SH
†Conditional auction
If the reserve is met or exceeded and the auction timer reaches zero, an exclusivity period begins in relation to that property. The successful bidder is contractually required to exchange on the property on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above). All properties sold by conditional auction are sold subject to a reservation fee which is clearly stated in the terms and conditions attached to the property and in the bidding box before a bid is placed. The reservation fee is payable in addition to the final purchase price and is received on a non-refundable basis, subject to the terms of the Reservation Agreement. To ensure that the successful bidder proceeds, the winning buyer is automatically charged a reservation fee and agrees prior to making their bid, to pay any outstanding amount of the property reservation fee immediately at the end of the auction. The auctioneer will be authorised to sign the reservation agreement on both the buyer’s and seller’s behalf. If by the seller’s act, exchange does not occur on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), the reservation fee shall be fully refunded to the buyer. If the buyer fails to exchange on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), they will forfeit the full amount of the reservation fee.Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and MK Estates Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by MK Estates Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.