LOT
119
Withdrawn
A residential investment opportunity to acquire a sizeable end of terrace freehold property currently arranged as a two bedroom ground floor flat, a two bedroom first floor flat having the potential, subject to any requisite consents, to convert to a three bedroom flat. Gardens to the front and side of the property and a cellar area accessed externally. The property is currently let on assured shorthold tenancies generating a combined income of £1350 pcm/£16,200 pae.
St Efrides Road is situated in the heart of Torquay, within close proximity of Torre Abbey Gardens, Torquay seafront and local shops. Torquay town centre offers a wide range of shopping and leisure facilities, educational facilities catering for all age groups, working marina and sandy beaches.
Communal entrance hall.
Ground Floor Flat:
Entrance hall, sitting room, kitchen, two double bedrooms and bathroom.
Galleried landing, sitting room, kitchen, two double bedrooms and large bathroom.
Lawned gardens predominantly to the front and side of the property, external steps leading down to the cellar area.
Strictly by prior appointment with Miller Countrywide Torquay 01803 291429. General enquiries Countrywide Property Auctions 01395 275691.
Ground Floor Flat - TBC
First Floor Flat - TBC
Ground Floor Flat - A
First Floor Flat - A
GET READY TO BID BY VISITING THE AUCTIONEERS WEBSITE
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.
18 St. Efrides Road, Torquay TQ2 5SG
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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.
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).
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