LOT
1
Sold for £65,000
A two bedroom second floor freehold flat having had the benefit of recent refurbishment throughout. The property offers good sized accommodation, with garden area and free parking available nearby, on a first come first served basis. Situated in a popular residential area of Paignton the property is likely to appeal to owner/occupiers and residential lettings investors. Suitable for cash purchasers only due to being a freehold flat.
Paignton is situated in the heart of the English Riviera between Torquay and Teignmouth. Local facilities and amenities include a comprehensive range of shopping and educational facilities, along with many tourist attractions including a water park, several sandy beaches and a cinema complex. The town is readily accessible by road and has excellent public transport and a railway station.
Staircase to the rear of the property giving access to the second floor
Flat 54: Sitting room, kitchen, two bedrooms and bathroom.
Garden area and free on street parking on an adhoc basis nearby.
Energy Efficiency Rating - To be confirmed
Wendy Alexander
Strictly by appointment only with Countrywide Property Auctions 0151 734 7509 (Monday to Friday); Fulfords Paignton 01803 527523 (Weekends).
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.
54 Merritt Flats, Totnes Road, Paignton, Devon TQ3 3RN
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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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