One bedroom long leasehold seafront flat with extensive views of the seafront and marine lake.
Flat 7 Folkestone Court , Weston Super Mare , BS23 2BS
- 9
Key features
Guide Price: *
£85,000
Fees apply
Buyer's fee:£2,400
Legal fee:£310.80
All fees include VAT at 20%
Holding Deposit: *£2,600
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£90,000Bid history
6 bidsD
30/11/2022 17:06:51 - £90,000
E
30/11/2022 14:44:25 - £89,000
LThis is an automatic bid as the bidder has set a maximum bid for this lot
30/11/2022 09:35:33 - £87,500
See all 6 bids â–¾
One bedroom long leasehold seafront flat with extensive views of the seafront and marine lake. The property has shared off road parking on a first come basis. It is in need of refurbishment and modernisation throughout and represents a good investment for an investor or first-time buyer. The layout (see attached floor plan) is entrance hall to separate kitchen, bedroom, lounge and bathroom.
947 years remaining on the lease, £15 per year ground rent and £840 per annum current service charge payable monthly if required.
The buyer is to the pay the legal fees at the end of the auction.
Summary
- Auction end
- 30th Nov at 17:08
- Property type
- Residential
- Tenure
- Leasehold
- Bedrooms
- 1
- Bathrooms
- 1
- Council tax band
- A
Summary
- Auction end
- 30th Nov at 17:08
- Property type
- Residential
- Tenure
- Leasehold
- Bedrooms
- 1
- Bathrooms
- 1
- Council tax band
- A
This property is being sold by:
The Property Source HQ
01934 411294
The Hive Room 2-34 6 Beaufighter Road Weston Super Mare BS24 8EE
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* 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.
Bamboo Auctions and The Property Source Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by The Property Source Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.