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Guide price£305,000
Added < 14 days

7 bedroom house for sale

Hatherleigh, Okehampton
Auction
Chain-free
Save
House
7 bed
4 bath
EPC rating: C*
1,054 sq ft / 98 sq m

Key information

Tenure: Freehold
Council tax: Ask agent
Broadband: Super-fast 53Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Freehold
  • On Line Auction
  • Sold via a Secure Sale
  • 2 bedroom Flat
  • Four Bedroom House
  • 1 Bedroom House
  • 2 x Commercial Units
  • Great Investment Yield
  • No chain
  • Tenants in Situ
*For sale via secure sale online bidding: terms and conditions apply.*
An exciting investment opportunity to purchase a size-able property consisting of three residential properties and two commercial units being sold as a whole lot.
The commercial units are currently run as a post office/off license, and garden shop, with tenants already in situ.
The residential properties consist of a two bedroom flat, a one bedroom house and a four bedroom house. All of the properties have tenants in place.
The combined return offers a very favourable yield on investment. NO CHAIN

Description

*For sale via secure sale online bidding: terms and conditions apply.*
An exciting investment opportunity to purchase a size-able property consisting of three residential properties and two commercial units being sold as a whole lot.
The commercial units are currently run as a post office/off license, and garden shop, with tenants already in situ.
The residential properties consist of a two bedroom flat, a one bedroom house and a four bedroom house. All of the properties have tenants in place.
The combined return offers a very favourable yield on investment. NO CHAIN

Location
The historic market town of Hatherleigh, (known as the smallest town in Devon) has a thriving community offering a good range of shops and amenities including a supermarket, post office, café's, art gallery, two food serving public houses, fish & chip shop, hairdressers, and a local garage. The town also benefits from having a primary school, health care centre, veterinary surgery and a very popular weekly farmers market. There are various sporting facilities together with a well maintained modern community hall where many groups and classes meet. The larger town of Okehampton is located just 8 miles away having an excellent range of shops and facilities including 3 supermarkets which includes a Waitrose, local businesses, a leisure centre, schools ranging from infant to A-level standard and recently re-opened train station providing easy access to Exeter.

Accommodation:

Commercial Units

Commercial Unit 1
Post Office/Off Licence
Shop Front 10.91m x 6.52m (35' 10" x 21' 5")

Back Office & w.c 2.90m x 1.92m (9' 6" x 6' 4")

Kitchen 2.96m x 2.44m (9' 9" x 8' )

Commercial Unit 2 -Shop Front
6.34m x 2.92m (20' 10" x 9' 7") (Approximate measurements) Note: There is no water connection to the unit.
Accommodation: Residential (Property One)
Property One - Four Bedroom House
Kitchen 4.39m x 2.81m (14' 5" x 9' 3")

Lounge/Dining Room 5.65m x 3.92m (18' 6" x 12' 10")

Bedroom On 3.20m x 4.73m (10' 6" x 15' 6")

Bedroom Two 3.88m x 2.12m (12' 9" x 6' 11")

Bedroom Three 3.75m x 2.65m (12' 4" x 8' 8")

Bedroom Four 4.03m x 2.78m (13' 3" x 9' 1")

Bathroom 2.01m x 1.79m (6' 7" x 5' 10")

Shower Room 1.99m x 1.50m (6' 6" x 4' 11")

Outside
Courtyard Garden. Parking Space to rear
Accommodation: Residential (Property Two)
Property Two - One Bedroom House
Kitchen/Diner 3.68m x 3.00m (12' 1" x 9' 10")

Lounge 3.94m x 4.04m (12' 11" x 13' 3")

Bedroom 3.12m x 2.55m (10' 3" x 8' 4")

Bathroom 3.20m x 1.68m (10' 6" x 5' 6")

Outside
Laid to lawn garden. Parking spaces to rear.

Accommodation: Residential (Property Three)
Property Three - Two Bedroom Flat
Lounge/Diner 4.66m x 3.68m (15' 3" x 12' 1")

Kitchen 3.88m x 3.06m (12' 9" x 10' )

Bedroom One 2.92m x 2.75m (9' 7" x 9' )

Bedroom Two 2.88m x 2.14m (9' 5" x 7' )

Bathroom 1.75m x 1.55m (5' 9" x 5' 1")

Ancillary large stone and brick Store to the rear 8.00m x 5.00m (26'2" x 16'.4")
Services
Mains Water/Mains Drainage/Mains Electricity
Tenure
Freehold. Title number DN265885
Rateable Value
The current rateable value is as of 1 April 2023.

Sourced from VOA.
EPC
Available Upon Request (Rating C).

Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Places of interest

    Now to be found opposite Waitrose at the entrance to Red Lion Yard, Mansbridge Balment have a high profile office in a prominent position in one of the busiest parts of the town centre.  As they approach 50 years as one of the leading independent estate agents in the Westcountry, they are well set to offer their comprehensive range of services to the property market. The Okehampton team are headed by Associate Directors Jonathan Mansell and Martyn Cox, both extremely well known in the Okehampton area and integral to the firm’s success over the years.  “This is a great move for us”, says Martyn, “having been in the town for a number of years, it was important that we took this opportunity to better showcase our properties and make ourselves more accessible to greater numbers of people.  We look forward to welcoming friends old and new as we take the business forward.  Since we moved in the response from people has been really positive – we are delighted to be here!” Mansbridge Balment have more offices than any other estate agent in the West Devon area covering Dartmoor, towns, villages and rural communities throughout the region.

    See more properties like this:

    *DISCLAIMER

    Property reference MBO240139. 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 Mansbridge Balment - Okehampton.

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

    Broadband availability and predicted speed: obtained from Ofcom on March 23, 2023

    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 March 23, 2023

    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 18, 2021 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.