Sold for £67,000

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A well presented 1 bedroom second floor flat with sea views (430 sq ft, source EPC) close to the town centre and beaches, lease term 999 years from 2006, vacant.

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Description/Location

The flat is situated in a quiet street close to Teignmouth town centre and Station (0.2 miles), the seafront and beaches. The flat benefits from UPVC double glazed windows and modern fixtures and fittings. We estimate the current rental value is £450 pcm.

Tenure

Leasehold: 999 years from 29/09/2006

Local Authority

Teignbridge District Council

Viewing

Network Auctions - 020 7871 0420

Accommodation

First Floor: Front door to entrance hall, living room, kitchen, bedroom, bathroom. Energy Rating; G/11

Rent

ERV: £5400 PA

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.