No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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This property is no longer on the market

1 bedroom flat

Auction
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Flat
1 bed
0 bath
EPC rating: E*
441 sq ft / 41 sq m

Key information

Tenure: Ask agent
Council tax: Ask agent
Broadband: Super-fast 78Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • For sale by traditional online auction
  • Studio flat
  • Investment
  • Let on an assured shorthold tenancy
  • Town centre
  • Popular lettings location



FLAT FOR INVESTMENT

A fantastic investment opportunity to acquire this spacious first floor studio flat that forms part of this period mid-terrace three storey property.

The property, which is located in the heart of this vibrant town centre, provides easy access to a wide range of amenities and facilities, train station, schools and bus routes.

Naturally this type of investment will appeal to either the investor landlord, owner-occupiers for when vacant possession or others may look at the potential for post-letting improvement works and onwards sale.

TENURE
Leasehold. Remainder of a 125 year lease - please refer to auction legal pack for further information.

TENANCY
Let on an assured shorthold tenancy with current rents reserved of £522.50 per calendar month. Ground rent is £50 per year and the maintenance charge is approximately £400 per year (please refer to auction legal pack for further information).

EPC
Rating; E.


ACCOMMODATION

Communal entrance, stairs rise to upper floors.
First floor; Communal landing with fire escape leading to rear alley. Private flat entrance; hallway, kitchen, bed/living room, shower room/WC.


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

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.


AUCTION 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.


Places of interest

    247 Property Auctions is headed up by a very familiar face to the auction world. Scott Gray has been plying his skills and captivating audiences with his charm in West Country auction rooms for nearly two decades. However you will probably be just as familiar with him as a face from your television set as he has been a featured Auctioneer many (you’re probably thinking ‘too’), many times on the highly popular ‘Homes under the Hammer’ daytime show. So it is a face you can trust in an industry that requires the best practitioners to give client sellers the best advice having comfort that they are fully regulated and protected by the major property governing bodies. 247 Property Auctions, which is a RICS Regulated firm of auctioneers, will embrace the modern and ever-increasing popular online auction format, having the ability to serve customers nationally to successfully sell property or land in a timescale that is both flexible and convenient. This online platform also serves estate agents and commercial agents directly who can now offer this professional service as part of their day-to-day toolkit so they never have to pass on business to rival firms who can already offer something similar. Therefore we are always actively increasing working relationships with new Joint Auctioneers to provide an easy selling method to dispose of property across most parts of the United Kingdom.

    See more properties like this:

    *DISCLAIMER

    Property reference 247_pa_2_127. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by 247 Property Auctions - Exmouth.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on June 21, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on June 21, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on November 6, 2013 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.