1 bedroom cottage

One Bedroom Cottage in the Centre of Torquay TQ2 with Tenant in Situ & Ideal AirBNB - Freehold

Guide Price £60,000 * Buyers Premium Applies

For sale by public auction.unconditional online auction.

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Register on this lot today. The legal pack can be downloaded from our website, .

Town & Country Property Auctions are delighted to offer For Sale by Public Auction this spacious one bedroom semi-detached cottage - newly built under Planning Application P/2005/1236 -and split over two levels. Full building regulations compliant with all relevant certification.
The semi-detached property benefits from a central location while enjoying a secluded, quiet position at the rear of 8 Abbey Road. Modern kitchen, lounge/ diner, downstairs large bedroom and an en-suite bathroom. uPVC patio doors onto courtyard offers additional downstairs access.
The property does have a tenant in situ paying £650 per month and is on a rolling AST agreement. The seller can serve notice to the tenant if the winning bidder requires it. The property would make an ideal investment, holiday home or AirBNB.

The property will be entered into our 28th of November 2024 auction which is held online and starts at 10am. You must register to bid and download the legal pack.

PROPERTY FEATURES
. Newly Built In 2006
. One Double Bedroom Semi-Detached Cottage
. Modern Kitchen
. Lounge/ Diner
. En-Suite Shower Room
. Rental Value Per Month: £650 PCM Currently Inc share of utilities
. 28 Day Completion

TENANCY INFORMATION
Agreed Rent : £150 Per week Inc water & Electric -paid monthly
Any Rent Arrears: No
Tenancy Term: Rolling AST

ADDITIONAL INFORMATION
. Property Tenure: Freehold

TENANCY INFORMATION
Agreed Rent : £150 Per week Inc water & Electric -paid monthly
Any Rent Arrears: No
Tenancy Term: Rolling AST

The property is available for viewing immediately. Please contact Town & Country Property Auctions for more information and to register for the auction. The auction will be held online, and registration is now open.

Tenure
Freehold

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a £5,000 or 5% deposit and a 2%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.