29-31 Lower Bore Street, Bodmin
29 - 31 Lower Bore Street, Cornwall, PL31 2JU
- 13
Key features
Guide Price: *
£450,000
Fees apply
Buyer's fee:£3,600
Legal fee:£355.20
All fees include VAT at 20%
Holding Deposit: *£1,400
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Highest bid:
£460,000Bid history
6 bidsF
16/08/2023 10:57:05 - £460,000
P
16/08/2023 10:48:12 - £458,000
F
16/08/2023 10:43:07 - £456,000
See all 6 bids ▾
FOR SALE BY ONLINE AUCTION - End of Auction: 16th August 2023 at 12 Noon. GUIDE PRICE OFFERS IN EXCESS OF £450,000 TO BID, WATCH THIS PROPERTY OR REGISTER YOUR INTEREST VISIT OUR BIDDING PLATFORM BY FOLLOWING THE LINK IN THE PHOTO CAROUSEL. The bidding platform is now open and bids on the property can be made online at any time between now and the end of the auction which is Noon on the 16th August 2023. All of the legal documentation can also be viewed online.
Situated on Lower Bore Street with ease of access into the Town Centre is this residential rental portfolio of six units, comprising five flats and a detached property, all on one Title Deed and all with tenants in situ.
FOR SALE BY ONLINE AUCTION - End of Auction: 16th August 2023 at Noon. GUIDE PRICE OFFERS IN EXCESS OF £450,000 TO BID, WATCH THIS PROPERTY OR REGISTER YOUR INTEREST VISIT OUR BIDDING PLATFORM BY FOLLOWING THE LINK IN THE PHOTO CAROUSEL.
The bidding platform is now open and bids on the property can be made online at any time between now and the end of the auction which is Noon on 16th August 2023. All of the legal documentation can also be viewed online. Situated on Lower Bore Street with ease of access into the Town Centre is this residential rental portfolio of six units, comprising five flats and a detached property, all on one Title Deed and all with tenants in situ.
There is a current gross income of approx. £41,000 from all six properties with some long-standing tenants in situ. There is potential to increase this gross income to approx. £48,000 in the current market. Our client currently self-manages these properties.
Flats 2, 3, 4 and 5 are 2-bedroom flats without parking. Flat 6 is a 1-bedroom flat without parking. Pearce Place is a detached 3-bedroom house with parking.
On the ground floor are Flats 4, 5 and 6. On the first floor is Flat 2. On the top floor is Flat 3 and Pearce Place is to the rear of the main building.
Bodmin has an excellent range of amenities and is conveniently located in the centre of the county with easy access to both the main A30 and A38 trunk roads. Bodmin Parkway mainline station offers a service between Penzance and London Paddington and is approximately three miles away. Newquay Airport is approximately fifteen miles away.
Agents notes: We (the agent) have not been into the properties to inspect, nor do we have photos or measurements. Sold with tenants in situ.
Traditional Online Auction Information: this property is for sale by traditional online auction. This means that exchange will occur when the online timer reaches zero (provided the seller's reserve price has been met or exceeded). The winning buyer will be legally obliged to purchase the property at this price. Pricing Information The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount. Webbers and Bamboo Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail. Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances. Buyers Premium & Other Charges The winning buyer is charged a sum of £5,000. From this a buyers fee of £3,600 (including VAT) is retained by Webbers/Bamboo Auctions as a contribution towards online platform costs and £1,400 is payable towards the purchase price. On completion the Buyer will pay the sum of £345.00 (including vat) to the Seller’s solicitors in reimbursement of search fees.
SELLER’S SOLICITOR Pippa Whitehead G&I Chisholm Solicitors Bree Shute Court Bell Lane Bodmin Cornwall PL31 2JE 01208 74242 [email protected]
Summary
- Auction end
- 16th Aug at 11:02
- Property type
- Residential
- Tenure
- Freehold
- Bedrooms
- 12+
- Bathrooms
- 0
- Council tax band
- A
Summary
- Auction end
- 16th Aug at 11:02
- Property type
- Residential
- Tenure
- Freehold
- Bedrooms
- 12+
- Bathrooms
- 0
- Council tax band
- A
This property is being sold by:

Webbers - Bodmin
01208 73298
53 Fore Street, Bodmin, Cornwall, PL31 2JB
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Webbers Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
Refreshing the Page
To make sure that you are seeing the latest information for the property, we recommend you refresh the page. This ensures you're seeing live information and not stored (cached) data. If the page disconnects from the Internet, refreshing the page will show the latest information.
Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Webbers Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.