1 bed flat for sale

East Weare Road, Portland DT5

** For Sale By Online Auction** Pre Auction Offers Considered**

A spacious one bedroom apartment with communal garden usage and some sea views presented with no onward chain. The home is newly refurbished with a brand new 125-year lease and offers an excellent opportunity for first time buy or turnkey investment.

Steps to the ground floor invite you to the block with the flat entrance door to the right and a rear door at the end leading to the gardens. Inside, a spacious lounge/diner boasts excellent proportions. With views towards the sea to the west and ample room for furniture. Adjacent, a newly fitted kitchen enjoys excellent storage with two integrated storage cupboards - one of which featuring a recently replaced boiler. Across, the main bedroom is a generous double with views towards the garden; The new bathroom suite completes the accommodation with bath, toilet and basin.

Outside, the home retains a quarter of the southerly garden with initial concreted area and lawned segment, also, with scope to privatise the space.

Lounge / Diner - 4.12m x 2.91m (13'6" x 9'6") -

Kitchen - 3.10m max x 2.32m max (10'2" max x 7'7" max) -

Bedroom - 3.97m x 2.90m (13'0" x 9'6") -

Bathroom - 2.89m x 1.54m (9'5" x 5'0") -

Lease And Maintenance Information -
The vendor informs us the property has a newly-issued 125 year lease with approx. £256 per year service charge and £10 per year ground rent. Residential lets are allowed; pets and holiday lets are not.

We recommend these details are verified with a solicitor before incurring costs.

Modern Terms & Conditions -
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 winning bidder, assuming the reserve is met, is granted exclusivity of the property at the winning bid price for 28 days in which they must exchange, or the vendor reserves the right to remarket the property, and the reservation fee will not be returned, they will then have a further 28 days to complete. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3.6% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £5940 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 sale price.
Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability. 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, provide card and solicitors details before you are able to place a bid. Properties may be sold prior to public auction if an offer is accepted by the vendors.

**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.