5 bedroom flat for sale

Investment Opportunity: For Sale Via Online Auction - Block of three modern flats in the heart of Westbourne BH4 **To register to bid & download the legal pack free of charge - please go to our website for further information: https://mkestates.co.uk/online-auctions/ Pre-auction offers welcome.** MK Estates are proud to present this fantastic investment opportunity - a block of three well-appointed apartments located in the desirable area of Westbourne BH4. This property boasts high ceilings, abundant natural light, and a range of modern amenities, making it the perfect choice for savvy investors looking to add to their portfolio. Property Details: - Tenure: Leasehold - 120 years from 1st of January 2006 - Service Charge: Currently As and when maintenance - Ground Rent: 100pa - Buildings insurance: 100pa - Council Tax Band: B - EPC Rating: E Flat 1 currently rented @ 1050pcm and will be vacant from June 2024. Flat 2 currently let @ 950pcm and is on a monthly periodic tenancy. Flat 3 Empty- Property could achieve a rental price ranging from 750- 850pcm Located in Westbourne, residents have access to a plethora of local amenities including Marks and Spencer food hall, cafes, boutiques, and the nearby Alum Chine beach and chines for leisurely walks and beach days. With convenient access to bus routes and train stations connecting to Weymouth and London Waterloo, this property offers a prime location for both living and renting. Don't miss out on this exceptional rental potential at 3000pcm. With leasehold tenure and a Council Tax bands B, this property is sure to bring enticing returns for discerning investors. Explore further details on our website and register to bid in the upcoming online auction. Viewing is highly recommended - seize this investment opportunity today! **To register to bid & download the legal pack free of charge - please go to our website for further information: https://mkestates.co.uk/online-auctions/ Pre-auction offers welcome.** Conditional Online Auction Information Please note: This property is for sale by condition online auction. This means the successful buyer enters into a Reservation Agreement when the online timer reaches zero (provided the seller's reserve price has been met or exceeded). The winning buyer will be legally obliged to purchase the property at their highest bid price. Fees: When entered into the Reservation agreement, the successful buyer must pay 2.5% + VAT of the purchase price (subject to a minimum of 6,000 incl. VAT). Where applicable, you may be required to pay any outstanding amounts of the reservation fee immediately at the end of the auction, if your bid is successful. You should check the Reservation Contract document contained as part of the legal documents for each property. Following this, the buyer must then exchange within the maximum time frame of 20 working days, and complete within the maximum time frame of a further 20 working days after that. This is subject to change and will be an agreement between buyer and seller. 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..