VACANT APARTMENT
Flat 2 Endymion House, Teignmouth, TQ14 8FU
- 14
Key features
Guide Price: *
£110,000
Fees apply
Buyer's fee:£2,400
All fees include VAT at 20%
Holding Deposit: *£2,600
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£101,500Bid history
13 bidsB
18/04/2023 16:11:43 - £101,500
J
18/04/2023 16:11:10 - £101,000
B
18/04/2023 16:06:32 - £100,500
See all 13 bids ▾
A an exciting investment opportunity to acquire this modern two bedroom first floor flat now requiring some attention being located in the heart of the town centre and is also conveniently located for the train station and beach.
The property is generally well presented throughout, although repair and updating will be required, thus appealing to investors and owner-occupiers alike on the lookout for a post-works rent-machine or home.
TENURE
Leasehold with vacant possession. Lease dated from 29th March 2016 for a term of 999 years with a ground rent payable of £100 per annum and a service charge of £1,200 per annum - please see Auctioneers Note below.
AUCTIONEERS NOTES
We understand from the owners and legal representatives of the following;
- There is an absentee freeholder and therefore buyers are advised to take their own legal advice and carry out investigations in this regard prior to bidding.
- Please note the special conditions of sale refer to the property being ‘sold as seen’ due to water damage.
- The selling solicitor advises that the property can not be sold to a limited company.
Please read the whole of the legal pack and take legal advice on its entirety.
EPC
Rating; C.
VIEWING
Please contact our joint auctioneers, complete estate agents of Teignmouth on 01626 870870 or visit 247propertyauctions.co.uk and book in online to one of our scheduled appointments.
ACCOMMODATION
Ground floor; Communal entrance with stairs and elevator to upper floors. First floor; Private flat entrance, hallway, kitchen/breakfast room, living room, two bedrooms, bathroom/WC. Outside; Balcony.
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 and finance enquiries prior to the auction.
Summary
- Auction end
- 18th Apr at 16:16
- Property type
- Residential
- Tenure
- Leasehold
- Bedrooms
- 2
- Bathrooms
- 1
- Council tax band
- Ask Agent
†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.
Refreshing the Page
To make sure that you are seeing the latest information for the property, we recommend you refresh the page. This ensures you're seeing live information and not stored (cached) data. If the page disconnects from the Internet, refreshing the page will show the latest information.
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.