LOT
88
Withdrawn
An investment opportunity to acquire three self contained studio flats situated in Bodmin town centre. Each flat has an open plan bed/sitting room with kitchen area and a shower room. Two of the flats are currently let at a modest rental income of £360 pcm/£8,640 pae and one flat is currently vacant. The flats have the benefit of 193 years remaining on their individual leases and ground rents of £250 per annum. The property is likely to appeal to career lettings investors with the potential for increased rental income as the flats become vacant in 2023, or as individual re-sale opportunities.
Turf Street is conveniently situated in the heart of Bodmin town centre, with a comprehensive range of shopping and leisure facilities, business and retail parks, being readily commutable to both the A38 and A30 road networks with a mainline railway station at Bodmin Parkway.
Kitchen/lounge/dining area of circa 7m x 5.3m, with bedroom floor area of circa 4.1m x 3.5m (with restricted height) and an en-suite shower room.
Bed/sitting room of circa 4.7m x 4.2m and en-suite shower room, kitchen of circa 2.3m x 0.8m
Open plan lounge/kitchen/bedroom of circa 4.3m x 4.3m and an en-suite shower room. Enclosed patio seating area.
Strictly by prior appointment with Stratton Creber Bodmin 01208 74422. General enquiries Countrywide Property Auctions 01395 275691.
St Alan - EPC D
St James - EPC D
St Stephen - EPC D
A
Interested parties must make and rely upon their own measurements.
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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.
St Alan, St James & St Stephen, 12 Turf Street, Bodmin PL31 2DH
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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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