Methuen Road, Bournemouth, Dorset, BH8

Large Garden Flat with Re-Development Potential Currently Arranged as Two Flats in Methuen Road, Bournemouth, Dorset, BH8 - Cash Buy Only Guide Price £240,000 * Buyers Premium Applies For sale by unconditional online auction. 31st May 2022. Auction venue: Registration Now Open - Auction Starts 10am . To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk Town & Country Property Auctions are delighted to offer for sale by public auction this large ground property which has been split into a large two bedroom garden flat with parking and a studio apartment with private entrance and private parking. The property is currently has a tenant in situ for the two bedroom flat and the studio is vacant. The tenancy is on a rolling contract and is currently managed by a local letting agent. The freeholder is also offering to sell the freehold for the sum of £8,500 which will allow more flexibility to redevelop this property STP. The property will be entered into our 31st May 2022 auction which is held online and starts at 10am. You must register to bid and download the legal pack. GARDEN FLAT FEATURES . Two Bedroom Ground Floor Flat . Kitchen . Lounge . Fitted Bathroom . Private Entrance . Garage . Currently Let on a Rolling AST Agreement . Current Rent of £930 PCM . Off Road Parking STUDIO FLAT . Studio Flat . Shower Room . Lounge/ Kitchen / Living Space . Vacant Possession . Rental Value Circa £500 PCM . Private Entrance . Off Road Parking LEASEHOLD INFORMATION Remaining Lease Term: Approximately 100 Years Remaining FREEHOLD FOR SALE The current owner has an offer from the freeholder to purchase the freehold for the building for the sum of £8,500. This offer can be viewed by downloading the legal pack. PRE-AUCTION OFFERS ARE CONSIDERED The seller of this property would consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us on 01202 143399. Tenure Leasehold UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a deposit and a 3%+VAT (subject to a minimum of £8,500+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated). Special Conditions