LOT
76
Sold for £127,000
A two bedroom first floor flat situated in the popular Preston area of Paignton and conveniently situated for both local shops and sandy beach. The apartment offers spacious living accommodation with sitting room, kitchen/diner, utility room and bathroom, along with the freehold of the building with the ground floor flat paying a peppercorn ground rent. The flat is currently let on a rolling AST, generating a modest income of £550 pcm/£6,600 pae,
The flat previously had a Grant of Conditional Planning Approval under application number P/2010/0013 for 'Conversion of existing roof area to form 2 bedroom and en-suite for upper floor flat with roof lights to side elevation'. Interested parties must make and rely upon their own planning enquiries of Torbay Planning Department as to if this permission could be reinstated.
Preston is a highly sought after area being famous for its sandy beach, local shops, primary school and leisure facilities, with further facilities and amenities available at nearby Paignton and Torquay.
Entrance hallway with stairs rising to the first floor.
Entrance hall, sitting room, kitchen/diner, utility room, two bedrooms and bathroom.
Strictly by prior appointment only with Fulfords Paignton 01803 527523. General enquiries Countrywide Property Auctions 01395 275691.
EPC - C
B
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GUIDE PRICES & RESERVE PRICES
Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
13a Manor Road, Paignton, Devon TQ3 2HT
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An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
A successful purchaser will also be required to pay a Buyer’s Administration Charge of 1.2% of the purchase price subject to a minimum fee of £1,800 including VAT (unless stated otherwise within the property description in the catalogue) by debit card or bank transfer.
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