LOT
11
Sold for £198,000
A mid terrace, three storey property, arranged as three x 1 bedroom self contained flats with flat 1 enjoying a lovely enclosed courtyard garden, convenitently situated for Exmouth town centre and in proximity of the beach, shopping and leisure facilities and the railway station. The property is fully let and generating an income of £18,240 pae in this highly popular seaside resort. The property is likely to appeal to the career residential lettings investors and also those looking for a break up/resale opportunity.
The ever popular seaside town of Exmouth offers a glorious 2 miles of sandy beaches and water sports, excellent shopping and recreational facilities, along with a comprehensive range of schools and colleges catering for all ages. The town centre has enjoyed recent regeneration works, with excellent public transport links to the Cathedral City of Exeter, the M5 and Exeter airport.
Communal entrance hall and stairwell giving access to all flats.
Flat 1: Sitting room, bedroom, kitchen with spiral staircase to the shower room and access to the enclosed courtyard garden.
Flat 2: Open plan lounge/kitchen/diner, bedroom with en-suite shower room.
Flat 3: Sitting room, kitchen, bedroom with shower cubicle and separate wc.
Flat 1: Energy Efficiency Rating - C
Flat 2: Energey Efficiency Rating - D
Flat 3: Energy Efficiency Rating - D
Wendy Alexander
Strictly by prior appointment only with Fulfords Exmouth 01395 273757. General enquiries Countrywide Property Auctions 01395 275691.
Please refer to the legal pack for details of the current tenancies.
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.
50 Albion Street, Exmouth, Devon EX8 1JH
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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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