Guide price
£40,000
Studio for saleFlat 3 Wykes Gate, Downes Street, Bridport, Dorset DT6
1 bed
1 bath
About this property
Studio Apartment in Central Bridport. For Sale by Auction. Vacant. Strong Buy-to-Let or Holiday Home
Guide Price £40,000 to £60,000 * Buyers Premium Applies
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 This well-presented studio apartment enjoys a prime position in the heart of Bridport's vibrant town centre. Offering an excellent opportunity for first-time buyers or investors alike, the property combines comfortable, low-maintenance living with strong investment potential, with rental income anticipated to be in the region of £700 per calendar month once redecorated.
The thoughtfully arranged studio space features a built-in bed and wardrobe, providing practical storage solutions, while French doors open onto a Juliet balcony, allowing for plenty of natural light. The main living area offers ample space for furnishings, creating a versatile and functional open-plan layout.
The kitchen is fitted with a range of base and wall-mounted units, complemented by a worktop electric hob, integrated electric oven, and space for a freestanding fridge.
The bathroom has been recently refitted and fully tiled, comprising a bath with shower over, wash hand basin, and WC, creating a clean and contemporary finish.
Bridport is a lively and historic market town in West Dorset, renowned for its thriving arts scene, independent shops, and popular twice-weekly markets. The town also hosts a variety of well-attended annual events, including the celebrated Bridport Hat Festival.
The stunning Jurassic Coast, a unesco World Heritage Site, is just a short drive away, offering dramatic coastal scenery, beaches, and exceptional walking routes.
Excellent transport links are available, with regular bus services connecting to nearby towns including Axminster, Lyme Regis, Beaminster, Yeovil, Dorchester, and Weymouth.
Prospective purchasers are advised to view the property to fully appreciate its appeal prior to bidding at auction..
The property will be entered into our 28th May auction which is held online and starts at 10am. You must register to bid and download the legal pack.
Property features
Studio apartment
. Juliet Balcony
. Ideal Buy To Let
. Council Tax Band: A
. Market Value: £90,000+
. Rental Value Per Month: £700
. 56 Day Completion
Additional information
Property Tenure: Leasehold
. Length of lease remaining: 87 Years
. Annual ground rent: £90
. Annual service charge: £1,360
Viewing arrangements
We will be holding viewing slots, please call us on .
The property is available for viewing immediately. Please 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.
Unconditional lot Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay £5,000 or 5% deposit and a 5%+VAT (subject to a minimum of £5,000+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 56 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 (87 years)
Service charge
£1,360 per year
Council tax band
Ground rent
£90
Ground rent date of next review
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