Apartment In Need Of Modernisation ThroughoutOffering to auction, this two bedroom apartment situated in Poole. This property would make a fantastic investment opportunity. The estimated rental income is £1,200 per month and £14,400 per year. Based on the guide price this offers a potential Gross Yield of 13.09%. This home is located about two and half miles from Poole Town Centre and is within a few hundred yards of bus services and local amenities. Parkstone main line station is approximately a mile and half away, whilst Tower Park with its Tesco superstore and array of leisure amenities incorporating bars, restaurants, cinema and bowling is about one mile away.ACCOMMODATION Entrance Hall Living Room: 12’3” x 9’9” Kitchen: 9’5” x 7’7” Bedroom One: 12’3” x 3’9” Bedroom Two: 9’5” x 9’4” Bathroom: 6’9” x 5’7” VIEWINGS Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on 03456 461361 to request a viewing. FULL DETAILS Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale. NOTICE TO BIDDER Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.Tenure: LeaseholdLease Details: 189 Years From September 1990EPC Rating: TBC

Tenure

Leasehold. The property is held on a 189 year lease from 1990(thus approximately 155 years unexpired).

Additional Fees

Buyer's Premium - Buyers Premium of £1,560 including VAT

Administration Charge - Buyers Administration charge of £1,200 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.