Description
A one bedroom first floor flat, of non-standard construction, in need of renovation throughout but offering a great investment opportunity.
Auction - For sale by Public Auction and via Livestream on Friday 19 June 2026 at 1pm at The Digby Memorial Church Hall, Digby Road, Sherborne, DT9 3NL and via Livestream. Register to bid in the room, online, by telephone or by proxy via our website.
The Property - A bright first floor flat, offering one bedroom, one reception room, kitchen and wet room. Outside there is a rear garden and storage shed. The property requires complete renovation throughout, and enjoys far reaching views towards hills beyond the town.
Leasehold - A new lease of 125 years will be granted upon completion
Service charge: £2.60 per annum
Buildings Insurance: £90 per annum
Sinking fund: £693.17 per annum
All charges are variable and subject to change
Situation - Located in the charming seaside town of Swanage, the flat is conveniently located close to local amenities and the high street and is circa 1 mile from the beachfront. Nearby amenities include Swanage School, several eateries and a convenience store. Swanage lies at the eastern tip of the Isle of Purbeck and is made up of an attractive mixture of old stone cottages and more modern properties all of which blend in well with the peaceful surroundings. The town offers an eclectic range of amenities including Swanage Railway and a delightful sandy beach. To the south is the Durlston Country Park which is renowned for being the gateway to the Jurassic Coast and the World Heritage Coastline. Wareham is approximately 11 miles with further amenities and a mainline station to London Waterloo.
Agents Notes - The property is of non-standard construction, and therefore raising a mortgage on the property is unviable. We recommend you take specialist advice before bidding.
Prospective buyers should be aware that a S157 restriction has been revealed within the Local Authority Search Result. This can only be imposed by means of covenant within the conveyance or transfer of the Property. The LSVT Transfer obligations confirm that there is no binding requirement on Aster Group to impose this obligation in relation to non-RtB (Right to Buy) disposals. Dorset Council has also since confirmed that the benefit of s157 passed to Aster Group and therefore they are unable to confirm withdrawal of the Charge however our Client has confirmed that they will not be imposing this restriction and therefore this will not apply.
The seller will be reclaiming their costs from the buyer. Please refer to the special conditions of sale in the legal pack for a full breakdown. All interested parties should refer to the corporate sale information sheet in the legal pack.
Within 0.1m planning permission has been granted to erect 8 dwellings and associated access at Purbeck Heights, Priests Way full details available on Dorset Council Planning Portal ref 6/2020/0240.
What3words - ///absorbing.yachting.public
Services - Mains gas, electricity, water and drainage. Gas central heating. Ultrafast Broadband is available and there is mobile coverage in the area, please refer to Ofcom's website for more details.
Local Authority - Dorset Council.
Council Tax Band A
Solicitors - Capsticks LLP
Winchester SO23 8SR
01962 678 300
daisy.girvin@capsticks.com
