Low-priced town-centre flat — auction sale with short lease and high service charge.
Prime town-centre location with shops, transport and amenities on the doorstep
Compact one-bedroom flat: approx. 399 sq ft, open-plan lounge/kitchen
Fifth-floor apartment with lift access for convenience
Chain-free and sold at Modern Auction (buyer fees and reservation fee apply)
Lease ~53 years remaining — mortgage lenders may refuse lending
High annual service charge (~£3,300) and ground rent (~£200)
Area has very high crime stats and signs of local deprivation
Sold as requiring potential refurbishment and possible lease extension
Set on the fifth floor of Hampshire Court, this one-bedroom flat offers a compact, chain-free entry into Bournemouth town centre living. The open-plan lounge and kitchen provide flexible living space and the generous bedroom includes fitted wardrobes for storage. Lift access makes the upper-floor position practical for everyday use.
This sale is by Modern Auction: bids are subject to an undisclosed reserve price and a non-refundable reservation fee (usually 4.5% of the purchase price, minimum applies). Buyers’ fees, auction completion deadlines (56 days) and additional costs for legal/leasehold documentation are applicable — confirm exact sums before bidding.
Important practical points: the lease has around 53 years remaining, which can restrict mortgage options and affect value. Service charges are high (c. £3,300 pa) with a ground rent of about £200 pa. The building is a post-war block on a busy town-centre street in an area with elevated crime and social deprivation metrics — factor this into lettability and long-term resale prospects.
For the right buyer — a cash investor, portfolio buyer, or a purchaser able to manage the auction process and short lease issues — this is a low-price entry into a central Bournemouth location with strong rental and amenity catchment. The flat will suit those who can accept refurbishment and lease-extension work, or want a straightforward let-ready unit if buying with cash.
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