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Flats 1, 2 & 3, 2-3 The Square, Holsworthy EX22 6DL

Lot no: 107 Re-entry to a future auction
 

Guide Price £120,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 25th May 2023

10.00am
Key Features
  • Three apartments
  • Prime location
  • Potential to add value
  • EPC Rating: G,F,E
  • Council Tax Band: A,A,A
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Re-entry to a future auction

Flat

Property Description:

The accommodation comprises one studio apartment, one x one bedroomed apartment and one x two bedroomed apartment in need of some modernisation and located in The Square in Holsworthy, a very popular and exclusive market town in Devon.

The bustling market town of Holsworthy has a weekly Pannier Market, good range of national and local shops together with a Waitrose supermarket, BP filling station, Marks and Spencers Simply Food and Wild Bean café. There are a whole range of amenities within the town including a heated swimming pool, sports hall, bowling green, cricket club, 18 hole golf course etc. Bude on the North Cornish coast is some 9 miles. Okehampton, Dartmoor National Park and the market town of Bideford are some 20 miles distant, whilst Barnstaple, the Regional North Devon Centre is some 30 miles. Launceston, Cornwalls ancient capital, is some 14 miles away.

STUDIO APARTMENT ONE

Comprisng -

Bedroom / Living Room

11ft x 15ft 6 (3.35m x 4.72m)

Kitchen

7ft 9 x 10ft 2 (2.36m x 3.1m)

Bathroom

7ft 4 x 4ft 6 (2.24m x 1.37m). A three piece suite comprising enclosed panelled bath, wc and hand wash basin. Airing cupboard housing the hot water cylinder.

APARTMENT TWO

Comprising -

Living Room

12ft x 13ft 8 (3.66m x 4.17m)

Bedroom One

10ft 4 x 8ft 8 (3.15m x 2.64m)

Kitchen

6ft 7 x 10ft (max) (2m x 3.05m (max))

Bathroom

4ft 5 x 7ft 9 (max) (1.35m x 2.36m (max)). Fitted with a three piece suite comprising enclosed panelled bath with electric Aqua shower over, wc and hand wash basin. Airing cupboard housing the hot water cylinder.

APARTMENT THREE

Comprising -

Entrance Hall

Airing cupboard housing the hot water cylinder.

Living Room

13ft x 12ft 3 (3.96m x 3.73m).

Kitchen

6ft 10 x 10ft 1 (2.08m x 3.07m).

Bedroom One

12ft 9 x 10ft 7 (3.89m x 3.23m). Light and spacious double bedroom with window to front. Useful built-in shelves.

Bedroom Two

6ft 3 x 12ft 3 (1.9m x 3.73m). Double bedroom with window to rear elevation. Useful built-in shelves.

Bathroom

6ft 10 x 5ft 3 (2.08m x 1.6m). Fitted with a three piece suite comprising enclosed panelled bath with electric Mira shower over, wc and hand wash basin. Useful built in shelved cupboard.

OUTSDE

The access for the property is located in Manor Court, metal steps rise to the entrance door.

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Leasehold Information

Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Leasehold. Vacant possession upon completion.

Unexpired Years

67



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms.


Auction Deposit and Fees

The following deposits and non- refundable auctioneer’s fees apply:

• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.