Guide price
£50,000
Studio for saleFlat 3, 40 Hamilton Road, Bournemouth, Dorset BH1
1 bed
1 bath
About this property
Leasehold
An extremely well-presented ground floor studio flat, an ideal purchase for Air B&B investors and owner-occupiers alike. Separate kitchen and Gas CH - Ask us about pre-auction offers.
Guide Price £50,000 to £60,000 * Buyers Premium Applies plus VAT
For sale by public auction.unconditional online auction.
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Register on this lot today. The legal pack can be downloaded from our website, .
Town & Country Property Auctions are delighted to offer For Sale by Public Auction this Ground Floor Studio with Private Garden.
We are delighted to offer for sale this extremely well-presented ground floor studio flat, an ideal purchase for investors and owner-occupiers alike. The property is accessed via its own private entrance, creating a sense of independence rarely found in studio accommodation, and opens into a welcoming entrance hall leading through to a neatly arranged bathroom and a bright lounge/bedroom with useful built-in storage.
The separate well-equipped kitchen offers generous space for white goods and everyday functionality, while the property benefits throughout from double glazing and gas central heating, ensuring comfort and energy efficiency, reflected in its EPC rating of C. Having been exceptionally well looked after, the flat is presented in excellent condition and ready for immediate occupation.
One of the standout features is the beautifully maintained private garden, providing valuable outdoor space that significantly enhances both lifestyle appeal and rental desirability. Positioned within easy walking distance of the beach, the property is perfectly located to attract long-term tenants, holiday lets, or personal use, while also being conveniently close to transport links and local amenities.
From an investment perspective, the flat offers an attractive yield of approximately 9%, supported by low running costs.
This is a rare chance to secure a low-maintenance, high-demand coastal property with excellent income potential. Early viewing is strongly advised.
The property will be entered into our 25th February auction which is held online and starts at 10am. You must register to bid and download the legal pack.
Property features
Studio Flat
. Pets Allowed with Permission
. Holiday Lets Allowed
. Private Garden
. Council Tax Band: A
. Market Value: £112,000 (Land Reg)
. Rental Value Per Month: £750+
. 28 Day Completion
Additional information
Leasehold
. Length of lease remaining: 109 years
. Annual ground rent: £250
. Annual service charge: £2065
Viewing arrangements
The property is available for viewing immediately, please call us on . Please also contact Town & Country Property Auctions for more information and to register for the auction. The auction will be held online, and registration is now open.
Tenure
Leasehold
unconditional lot Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 10%+VAT (subject to a minimum of £6,500+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of id, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the legal documents'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
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More information
Tenure
Leasehold (109 years)
Service charge
£2,065 per year
Council tax band
Ground rent
£250
Ground rent date of next review
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