AUCTION DAY!
Don't forget to have read the legals, arranged finance and have uploaded your payment details to be able to bid this morning. Best of bidding luck!
FOR SALE BY BY TRADITIONAL ONLINE AUCTION, working alongside joint Auctioneers Williams Hedge, is this large and versatile vacant four storey, 5 bedroom mid-terrace property arranged as two maisonettes.
The property is located in a popular residential/lettings area of the town and offers potential for enhancement to create a healthy-yielding rental investment. Others may consider holiday lets or potentially the formal break-up and sale of the individual maisonettes, subject to any necessary consents being obtainable.
TENURE
Freehold with vacant possession.
EPC
Rating; C.
PLANNING
For information relating to this property please contact Torbay Council planning department via the planning portal on their website, email; planning@​torbay.gov.uk or telephone; 01803 207801
Auctioneers Note 1; These independent units of accommodation have separate services and there have been leases created for each unit should you have an eye on the formal break up and sale. Please refer to the auction legal pack for further information.
Auctioneers Note 2; There will be a new right of way created across the tip of the driveway for No. 4 & 4a that will provide access for the owners of the adjoining No.6 Hatfield Road so they can pass with a vehicle onto their own demise. Please refer to the auction legal pack for further information.
ACCOMMODATION
Ground Floor (accessed from ground floor communal hall): Number 4: Private flat entrance, hallway, kitchen/breakfast room, living room.
Lower Ground Floor; Two bedrooms, bathroom/WC.
First Floor; Number 4a; Three bedrooms, bathroom/WC.
Second Floor; Kitchen/breakfast/living room.
Ground Floor: Communal entrance and hallway;
Flat: Private flat entrance, kitchen/sitting room, bedroom, shower/WC.
Outside: To the rear of the property is an area of garden, which would benefit from formalisation and landscaping, that is accessed via the lower maisonette only. To the front of the property is the driveway which provides off-street parking.
IMPORTANT INFORMATION
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum (if applicable), which will be available on Auction Day.
AUCTION LEGAL PACK & FINANCE
Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page. It is the purchaser’s responsibility to make all necessary legal, planning and finance enquiries prior to the auction.
PRICE INFORMATION
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve price (a figure below which the Auctioneer cannot sell the Lot during the Auction). This reserve figure cannot be higher than 10% above a single figure guide.
Please check our website regularly at www.247propertyauctions.co.uk or contact us on 01395 247000 for up to date information.
Following the fall of the hammer contracts are exchanged and there is no going back!
AUCTION INFORMATION
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
Pricing information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and 247 Property Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by 247 Property Auctions.All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.