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Studio for sale

Institute Road, Swanage BH19
Auction
Chain-free
Studio
1 bath
258 sq ft / 24 sq m
EPC rating: E
Added > 14 days

Key information

TenureLeasehold | 118 yrs left
Ground rent£100 per annum | review period: unconfirmed
Service charge£300 per annum
Council taxAsk agent

Features and description

  • Tenure: Leasehold (118 years remaining)
  • Town centre studio flat
  • Bay window with sea views
  • Bed/sitting room
  • Galley kitchen
  • Shower room/W.C.
  • Electric heating (part underfloor)
  • SECURE SLAE - please read full details throughly

Being Sold via Secure Sale online bidding. Terms & Conditions apply.

Starting Bid £135,000 (Leasehold)

SITUATION: Above commercial premises within the heart of Swanage town centre close to, and with views of, Swanage Bay and beach.

DESCRIPTION: A second-floor studio flat converted we believe in 2019. The bed/sitting room has a bay window, and the kitchenette is annexed off the main room. There is also a separate shower room/W.C. with underfloor heating.

ACCOMMODATION: Ground floor communal entrance. Stairs to: SECOND FLOOR

LOBBY: Shared with one other flat. Wooden front door to:

ENTRANCE LOBBY:

SHOWER ROOM/W.C.: Tiled floor with underfloor heating, fully tiled walls, vanity wash basin with mixer tap, towel radiator, concealed cistern w.c., shower cubicle with mains shower unit.

BED/SITTING ROOM (E): 14'8" (3.59m) plus alcove x 11'9" (4.48m) into bay. Timber framed double glazed windows with wood panelled surround, sea views, electric panel heater, airing cupboard housing pressurized hot water cylinder. Opening to:

KITCHENETTE (S): 9'9" (2.98m) max. x 4'9" (1.45m). Single drainer stainless steel sink unit with mixer tap and work surfaces with drawers, cupboard, appliance space and space and plumbing for washing machine under, electric oven and hob with extractor hood over, wall cupboards, tiled splash backs, extractor unit, UPVC double glazed window.

ADDITIONAL INFORMATION: Property type: Converted flat. Construction: Standard. Electric supply: Mains. Water supply: Mains. Heating: Mains electric. Broadband: Not known (checker.ofcom.org.uk/). Mobile signal/coverage: Please see: checker.ofcom.org.uk/

TENURE & MAINTENANCE: The owner advises Leasehold for a term of 125 years from 2018 at a current ground rent of £100 per annum (ground rent review period to be advised). We are also advised that lettings are permitted, as are pets as long as they do not cause nuisance.

COUNCIL TAX: Band A: £1705.88 payable for 2024/25 (excluding discounts).

VIEWING: By appointment only please, with the Agents MILES & SON. Our office is open Monday-Friday 9.00am-5.30 pm and Saturday 9.00am-4pm April-October inclusive, 9.00am-12.30 pm at other times. Lunchtimes included.

Immediate 'exchange of contracts' available - Sold via 'Secure Sale'

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.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

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. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% incl. VAT (subject to a minimum of £6,000 incl. VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

The Property Misdescription Act 1991. These particulars have been prepared to the best of our knowledge and belief in accordance with the Act and they shall not constitute an offer or the basis of any contract. Our inspection of the property was purely to prepare these particulars and no form of survey, structural or otherwise was carried out. Defects and/or other matters may be revealed on a survey carried out on your instructions. Internal measurements and site measurements where given are approximate and intended only as a guide as obstacles may well have prevented accuracy. Floor plans are not to scale and are for guidance only. You are advised to check the availability of this property before travelling to view. An appointment to view should be made and all negotiations conducted through Miles & Son.


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About this agent

Miles & Son - Swanage
Miles & Son - Swanage
Railway House, 2 Rempstone Road Swanage, Dorset BH19 1DW
01929 307629
Full profileProperty listings
Established in 1873, Miles and Son are the oldest-established Estate Agents in Swanage, a seaside town within the Isle of Purbeck area of Dorset. We offer
property for sale and to rent within Swanage, Studland, Corfe Castle, Langton Matravers and other rural/village locations. We also act as agents for long let
properties.
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