LOT
98
£135,000+*
Guide price (+ fees)
A vacant two bedroom spacious first floor flat requiring refurbishment, having the benefit of garden and car parking to the front of the property, along with views to All Saints Church in this quiet cul-de-sac location. The property is set in a terrace of predominantly houses, with number 8 having been subdivided to form two self contained flats, with the first floor flat owning the freehold of the building. The flat offers the clear potential for conversion of the loft space to form further additional accommodation, subject to any requisite consents, upon which interested parties must make and rely upon their own planning enquiries of Torbay Council planning department.
Churchway is a quiet cul-de-sac in the popular Babbacombe area of Torquay, in close proximity of All Saints Church, Cary Park and tennis courts, along with a selection of local bespoke shops, cafes and restaurants, with further facilities and amenities available in Torquay town centre.
Entrance hall serving both flats, door to the first floor flat with stairs rising to the landing area.
Large landing area with loft hatch, kitchen/diner, sitting room, double bedroom, single bedroom and bathroom.
To the front of the property there is a gated driveway/additional garden area serving the first floor flat only, with a second area of garden beyond, being mainly laid to lawn with mature hedgerow screening and a useful storage shed.
Strictly by prior appointment with Miller Countrywide Torquay 01803 291429. General enquiries Countrywide Property Auctions 01395 275691.
TBC
B
The land in this title is subject to a perpetual yearly rentcharge of
£4 0s 0d created by a Conveyance of the land in this title and other
land dated 29 September 1920 made between (1) Alfred Gustavus Findeisen
(2) The Commercial Union Assurance Company Limited and (3) William
Robert Hamblin.
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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.
The Upper Flat And Freehold, 8 Churchway, Torquay TQ1 3NS
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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).
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