Initial price	£50,000
17/09/25	£25,000
27/09/25	£30,000
Price Change	-40.00%

This one-bedroom retirement apartment is being sold by public auction, with a guide price of £30,000 to £50,000. The property is located in Bournemouth, close to Meyrick Park and the town center, and is surrounded by beautiful gardens. The apartment, built by McCarthy & Stone, features an entrance hall, lounge, kitchen, one bedroom, and bathroom, with a 24-hour emergency call system and an on-site manager. The property is leasehold, with a 95-year lease, and has an annual ground rent of £965.15 and an annual service charge of £3112.76. The auction will be held online, and registration is now open. The buyer will need to pay a £5,000 or 5% deposit, plus a 3%+VAT buyers premium, and contracts will be exchanged immediately after the auction. The property is available for viewing immediately, and the seller may consider pre-auction offers prior to the auction date.