Flat for sale in Flat 1, 440 Ashley Road, Poole, Dorset BH14

Guide price £70,000
Interested in this property? Call +44 20 3641 1932 * or Request Details

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Flat for sale - 1 bedroom

1

Tenure:
Leasehold
Time remaining on lease:
62 years
Service charge:
Not available
Ground rent:
Not available
Council tax band:
Not available
More details

Property description

Sold for £88,000. Guide Price = £70,000+

**For Sale By Public Auction 26th June 2024 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**

A First Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £11,280 Per Annum

Tenure
Leasehold. The property is held on a 99 year lease from 1st January 1988 (thus approximately 62 years unexpired). There is an informal agreement with the freeholder to extend the lease for £10,000 + costs. Please refer to the legal pack for more information.

Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Alexandra Park, Poole are within easy reach. Transport links are provided by Parkstone rail station.

Description
The property comprises a first floor one bedroom flat situated within a mid terrace building arranged over ground and two upper floors.

Accommodation
First Floor
Reception Room
Kitchen
Bedroom
Bathroom

Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £940 per calendar month.

Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. In most cases, the leaseholder must have owned the property for at least 2 years in order to serve a S42 notice. If you do not fully understand this process, please ask the auctioneers or a solicitor.

EPC Rating

E


Open House Viewings:
Viewing Schedule (No Booking Required)

Thursday 13 June 2024 3:30 pm - 16:00
Saturday 15 June 2024 3:30 pm - 16:00
Tuesday 18 June 2024 3:30 pm - 16:00
Thursday 20 June 2024 3:30 pm - 16:00
Saturday 22 June 2024 3:30 pm - 16:00
Tuesday 25 June 2024 3:30 pm - 16:00

Property info

Floorplan(s): Floorplan 1

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For more information about this property, please contact
Auction House London, NW3 on +44 20 3641 1932 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Auction House London, and do not constitute property particulars. Please contact Auction House London for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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