2 bed Flat for sale in Dorchester Chambers, BH1 (ref: 491539)Shortlist
- Close to local amenities
- Walking distance to Bournemouth Beaches
- Exstensively Modernised Throughout
- No forward chain
- Two Bedrooms
- Central Heating
- Bournemouth town centre location
- Buyers fee applies
- Auction pack available on request
LOW LEASE: 74 years remaining , as a result of this we only recommend this purchase to cash buyers.
Service Charges : £2280
Ground rent: £310.85
Lease extension quote as of Feb 2022
The freeholder has given consideration to your application and they are prepared to grant you a new lease based on the following terms:
- A new 125yr Lease
- Premium of £10,150
- Ground Rent to remain as existing
- Pier Legal fees of £1,050 + VAT Plus Disbursements
- Pier Valuation fees of £450 + VAT
This property is for sale via Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £4,800 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE ASKING PRICE. Bidders will be required to register in order to download the ‘legal pack’, if you choose to bid on the property you will be required to complete further identity checks for anti-money laundering purposes and provide card details before you are able to place a bid.
Auction Date Tuesday 30th August at 13.00
**Guide price - This is an indication of the seller’s minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.
**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above the guide price.
Stamp Duty Due
Based on a sale price of £150,000 the total amount of stamp duty payable will be:
Last updated: The calculator has been updated following the end of the stamp duty holiday on 1st October 2021.
* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.
- Status: Available
- Reference: 491539