LOT
19
Sold for £95,000
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A two bedroom garden apartment offering good sized and well presented accommodation in the favoured residential area of St Lukes. The property enjoys the benefits of use of the various communal garden areas, a small and secluded courtyard style garden area and its own allocated parking space. The town centre and seafront are readily accessible making it a perfect prospect for owner/occupiers, those looking for a low maintenance lock up and leave property in Torquay and for the residential lettings investor.
Torquay has enjoyed many recent improvements including an award winning Marina and improved road access via the South Devon Highway making it readily commutable to the A38/A30/M5 road network. Along with its stunning coastline, coves and beaches, the town offers an array of shopping and leisure facilities, restaurants and cafes, along with excellent public transport and a train service.
Communal entrance hall shared only with Flat 5 and accessed via the gardens, understairs storage cupboard and door to the rear courtyard.
Flat 6: Entrance hall, kitchen, dual aspect sitting room, two bedrooms and bathroom.
Various mature and well screened communal garden and seating areas for the residents to enjoy and allocated parking.
Energy Efficiency Rating - F
Wendy Alexander
Strictly by appointment with Countrywide Property Auctions 0151 734 7509 (Monday - Friday); Miller Countrywide Torquay 01803 291429 (Weekends).
We understand that the property has the benefit of the remainder of a 999 year lease, issued on the 25th March 1980, details of which are available within the Legal Pack.
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.
Flat 6, Sorrento, St. Lukes Road North, Torquay TQ2 5PD
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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.
You will also pay a Buyers Administration Charge, to the auctioneers of 1.35%+VAT of the purchase price subject to a minimum fee of £1,800 + VAT (unless otherwise stated in the property description in the catalogue or addendum).
You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees).
In association with
Countrywide Property Auctions is a trading name of Countrywide Estate Agents Limited, Registered in England Number 00789476.
Registered Office - Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN.
