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Flat 3, Stafford House, Stafford Place, Tiverton EX16 6LZ

Lot no: 146 Available for £90,000
 

Guide Price £85,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 29th February 2024

10.00am
Key Features
  • Two bedroom second floor flat
  • Prime location close to local amenities
  • Offered with tenant in situ
  • Ideal investment opportunity
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Available for £90,000

Flat

Property Description:

A Grade II listed second floor flat conveniently located in the centre of Tiverton.

The flat benefits from an intercom system with doors to an entrance hall followed by stairs to the landing. The second floor accommodation comprises entrance, lounge/kitchen, two bedrooms and a bathroom.

The property is accessed between 33-35 Fore street via an entrance opposite the TSB bank giving good access to local shops, restaurants and public transport.

We are advised the property is held on an AST agreement with current rent passing of £500pcm.

Additional Information:
Construction: Sandstone.
Heating Supply: Electric storage heaters.
Windows: Single glazed.
Hot Water: Electric Immersion.
Parking Arrangements: On street parking.
Mobile Signal: Vodafone, EE, Three and O2 are available in this location.
Broadband: Standard broadband speed 19 mbps. Superfast broadband speed 80 mbps.
Satellite and Cable TV Availability: BT and Sky are available in this location.

Accommodation:
Lounge/Kitchen

4.22m x 4.71m max. Fitted kitchen compromising single drainer stainless steel sink unit with plumbing for automatic washing machine inset to roll edge work top surface with cupboards and draws below. Kitchen contains electric job, built in oven extractor hood, fridge freezer space and breakfast bar.

Bedroom One

3.16m x 2.34m plus raised dressing area 1.94m x 1.02 m ceiling rose, recess, deep window sill, electric panel heater.

Bedroom Two

5.34m x 2.12m max into recess, airing cupboard, featured arched recess, ceiling rose.

Bathroom

Suite comprising panelled bath in tiled surround with triton shower over, pedestal wash hand basin in tiled surround, WC range of wooden bathroom fitting, tiled windowsill, hatched to roof space.

Leasehold Information

999 years from 1 January 1987. Ground rent £10 per annum and no service charges. Any ground rent review will be confirmed in the lease documents within the legal pack.

Note

Please be advised that the auctioneers have not personally inspected the property and there is no access available for viewings. Prospective buyers, particularly those relying on financing options who may require a survey, are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Leasehold. Subject to tenancy.

Ground Rent

£10



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 Fixed Fee.

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

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

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 (and any applicable Home Report for residential Scottish properties).


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.