Wellington Road, Bournemouth, Dorset, BH8 8LF
Online auction
Immediate 'exchange of contracts' available
Being sold via 'Secure Sale'
Being sold via Secure Sale online bidding. Terms & Conditions apply. This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties. Please see info displayed at the bottom of the description.
Well-Presented One-Bedroom First Floor Retirement Flat (Over 55s)
This well-presented one-bedroom first floor flat is ideally located within close proximity to Bournemouth town centre, with excellent access to local bus routes and the train station.
The development offers a range of communal facilities, including a residents' lounge, kitchen area, utility room with washing machines, and well-maintained communal gardens. Resident parking is also available.
The flat itself features a bright and spacious lounge/diner, a fitted kitchen, a double bedroom with built-in wardrobes, and a bathroom.
For added peace of mind, the property benefits from an on-site House Manager, with emergency contact points located throughout the flat. When the House Manager is off duty, a 24-hour Careline response system ensures round-the-clock assistance.
Additional Information:
Service Charge: £1,822.72 every 6 months
Lease: 99 years from 9th May 1979
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer.
The property is being sold via a transparent online auction. In order to submit a bid upon any property being
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments.
Both the Marketing Agent and
Length of Lease: 51
Annual Ground Rent Amount: £150.00
Annual Service Charge Amount: £3,568.00


This property is being sold subject to conditional reservation fee auction terms and conditions.
Timescales
There are 28 days to exchange contracts and a further 28 days to complete the purchase.
56 days in total.
Legal Pack
Please note that for some conditional sales, a legal pack may not be provided. In such cases, buyers are advised to conduct their own due diligence and consult their legal representative before bidding.
Deposit
There is no deposit to pay on this property.
Buyer Fees
This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
More Information
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.
If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.
Any amount payable at the close of the auction must be paid within 1 hour.
Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.
Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.
The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.
It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.
Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid
Please note this bidding process applies specifically to online auctions.
More Information is available:
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
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