2 bedroom flat for sale
Key information
Property description & features
- Tenure: Freehold
- Online auction
- Shop & Flat
- Two bedrooms
- Double glazing
- Great investment opportunity
- Outside space
- Vacant possession
- Close to amenities
The flat is equipped with a single kitchen and reception room, both designed in an open-plan style that promotes a sense of spaciousness and fluidity. Exposed beams and double glazing are among the distinctive attributes of this property, complemented by electric heating for comfort during the colder seasons.
One of the highlights of this property is the potential for income generation from a shop situated below the flat. This adds a unique charm and a promising opportunity for the new owner.
Flat Energy Performance Rating D
Shop Energy Performance Rating C
Auctioneer Comments - This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer’s solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements, The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
AUCTION END DATE 25TH NOVEMBER 2024
• For Sale by Modern Auction – T & C’s apply
• Subject to Reserve Price
• Buyers fees apply
• The Modern Method of Auction
Ilfracombe is situated along some of North Devon's most attractive and rugged coastline and has easy access to superb rolling countryside including the Exmoor National Park, the town is particularly renowned for its delightful harbour and quayside as well as Promenade with Landmark Theatre and pleasure gardens. Some amenities include New Water sports Hub, RNLI station, Building Society, Library, Post Office, Schools and Cinema and provides nationalised shops and three major supermarket chains Tesco, Lidl and The Co- operative.
Local sandy beaches include the award winning Woolacombe Beach along with Saunton, Putsborough and Croyde which are also close to hand and attract thousands of visitors each year. The regional centre of Barnstaple is North Devon's historical capital and is approximately 13 miles away and it's acclaimed shopping precinct homes many brand name High Street shops, banks and restaurants. Barnstaple Train Station connects to the inter-city rail network in Exeter. The North Devon Link Road A361 gives fast access to the M5 Motorway Junction 27 (Tiverton).
Directions
With our office on your left hand side, proceed along the High Street passing the garage. Where the property will be approximately 100 yards on your right hand side, clearly displayed with a 'FOR SALE BOARD'.
Rooms
Main Entrance
Door leading to;
Inner Porch
Cupboard housing electric fuse board, stairs leading to;
Open Plan
Lounge 12' 2" x 12' 9"
UPVC double glaze windows to front elevation, electric wall mounted radiator, wooden style flooring, exposed beams.
Kitchen 6' 2" x 13' 0"
Range of base units with work surface over, stainless steel sink and drainer, four ring hob with oven below, splash backing, wooden style flooring, stairs upper floor, door leading to useful storage cupboard housing microwave and fridge, exposed beams, glass door leading to rear.
First Floor
Landing
Electric wall mounted radiator, loft access, door to airing cupboard housing electric water boiler, doors leading to;
Bedroom Two 5' 9" x 9' 8"
UPVC double glaze window to front elevation.
Bedroom One 10' 9" x 7' 1"
UPVC double glazed window to front elevation.
Bathroom 5' 3" x 7' 5"
UPVC double glazed opaque window to rear elevation, three piece suite comprising low-level push button W.C., wash hand basin, freestanding bath, brick style walls, vinyl style flooring.
Shop
A ground floor retail unit includes a main shop area, a cloakroom and a combined treatment room/kitchen equipped with a stainless steel sink and drainer. The shop is presently leased, although the tenant is scheduled to vacate by 24th August. Currently, the space is utilised by Footwork’s Podiatry, which operates under a monthly rental agreement of £280.
AGENTS NOTES
Council Tax Band B (NDDC) Energy Performance Rating is D & Shop Energy Performance Rating C. Constructed from traditional brick with slate roof and equipped with essential mains utilities including water, gas and electricity. This property is deemed a very high flood risk and is readily connected to mobile and broadband services. Additionally, there are no current outstanding planning applications for this property or the neighbouring properties.
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*DISCLAIMER
Property reference ILS240418. 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 Bond Oxborough Phillips - Ilfracombe.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 11, 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 January 11, 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
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