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5 bedroom block of apartments for sale

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5 bedroom block of apartments for sale

Wessex Road, Dorchester, Dorset, DT1
£300,000

Our Summary

  • ** For Sale By Online Auction** Pre Auction Offers Considered** The accommodation is arranged to provide two spacious two-bedroom flats and one well-proportioned studio
  • Each flat is independently accessed, and the block as a whole offers flexibility for either long-term hold as an investment or potential resale of the individual units at a later stage
  • 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 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
  • 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
  • Auction Pack Available On Request
  • Flexible / Long-Term Potential As A Buy-To-Let, Break-Up Sale, Or Redevelopment Opportunity
  • Potential For Future Capital Growth Or Resale Of Individual Units
  • Pre Auction Offers Considered

Description

This property is a rare opportunity to purchase three separate flats in Dorchester, each with its own unique features. The ground floor consists of a two-bedroom apartment and a compact studio, both with EPC ratings of D and generating rental income of £550 and £650 per month, respectively. The first floor is home to another two-bedroom flat, also with an EPC rating of D and let at £650 per month. The flats are independently accessed and offer flexibility for either long-term hold as an investment or potential resale at a later stage. The property is being sold via online auction, with a reserve price and a non-refundable reservation fee of 3.6% of the winning bid, in addition to the purchase price. The auction is powered by Whoobid and is subject to terms and conditions, which will be available to download prior to bidding.