Victoria Park Road, Bournemouth

Auctioneer Comments
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £349 including VAT towards the
preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
1 DOUBLE BEDROOM First Floor Flat at the Moordown End of Winton High Street. Superb location, Off Road Parking, Outside Space and excellent transport links. An ideal first home or investment.
Positioned in a prime location at the Moordown end of Winton High Street, this bright and airy one-double-bedroom flat offers a superb blend of convenience and privacy.
Sold with No Forward Chain, the property is ready for a swift completion.
Property Highlights:
Private Entrance: Enjoy your own front door and stairs leading to the first floor.
Bright Living Space: A spacious, light-filled living Space designed for comfort.
Separate Kitchen: A well-sized, dedicated kitchen space, avoiding the "studio-feel."
Parking & Garden: Rare benefits for a first-floor flat, including off-road parking and access to outside space.
Investment Potential:
12% Potential Yield: Based on a rental income of £800pcm, this property offers a strong return for landlords.
High Demand: Moordown is a hotspot for tenants due to its proximity to Bournemouth University, Winton High Street, and excellent bus links to the town centre.
Location:
Situated in the heart of Moordown, you are minutes away from local favourites like Redhill Park and the independent cafés of BH9. This area is highly regarded for its community feel and leafy streets, making it a resilient choice for property value.
AGENT NOTES:
Council Tax Band: B
Tenure: Lease with 98 Years Remaining
Ground Rent: £100 per annum
Buildings insurance: £250 per annum
Maintenance: Split as and when with Ground Floor unit.
Potential for 10% Yield based on a rent of £800 PCM
All rooms have been measured with electronic laser and are approximate only. None of the services to the above property have been tested by ourselves and we cannot guarantee that the installations described in the details are in perfect working order. Clarkes Residential Sales and Lettings for themselves and for the vendors or lessors produce these brochures in good faith and are for guidance only. They do not constitute any part of a contract and are correct to the best of our knowledge at the time of going to press.