Sold prior to auction, for an undisclosed amount
Freehold investment comprising 3 x 2 bedroom and 2 x 1 bedroom apartments, currently fully let and managed producing £31,560 per annum
Description/Location
The property is Grade II listed, well maintained and fitted with double glazing. Set in a no through road with local shops and bus routes nearby. Local sandy beaches at Preston and Paignton are close by. Floor area quoted in table taken from EPC's.
Tenure
Freehold
EPC ratings: Flat 1 D, Flat 2 C, Flat 3 D, Flat 4 D, Flat 5 E
Local Authority
Torbay Council01803 201201www.torbay.gov.uk
Viewing
Please contact Woods Bryce Baker on 01803 390000
Rent
Current rent £31,560 per annum
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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.
Property Information
Important Notes for Auction Bidders REGISTER TO BIDGet in touch
Email [email protected] or call us on 020 7871 0420