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2 bedroom flat for sale

Second Floor Flat (Top), 7 The Beacon, Exmouth, Devon

Removed £140,000

Property Description

Key features

  • For sale by auction
  • Investment Flat
  • Bedrooms: 2

Full description

Tenure: Leasehold

Lot 179 - This lot is for sale by auction as lot 179 on 14th December 2017.

A Long Leasehold (Share of Freehold) Self-Contained Second Floor Flat subject to an Assured Shorthold Tenancy


Current Gross Rent Reserved


£9,000 per annum (equivalent)


Tenure
Long Leasehold (Share of Freehold). The property is held on a lease for a term of 999 years from 27th July 2006 (thus having approximately 988 years unexpired) at a peppercorn ground rent.

Location
The property is located on the east side of The Beacon, to the south of Exmouth town centre, which provides a good selection of shops. Exmouth Rail Station is approximately 0.4 miles to the north. Beacon Church of England Primary School is 0.2 approximately miles to the east and Exmouth beach is less than half a mile to the south.

Description
The property comprises a self-contained second floor flat situated within a mid terrace building arranged over lower ground, raised ground and two upper floors.

Accommodation
The property was not internally inspected by Allsop. The following information was provided by the Vendor. We are informed that the property providesTwo Bedroom Accommodation

Tenancy
The property is subject to an Assured Shorthold Tenancy for a term of 6 months from 29th March 2016 at a rent of £750 per calendar month (holding over).

To View
The property will be open to view on Wedneday 6th December between 6.00 - 6.30 p.m. (Ref VB). Please email pam.huggett@allsop.co.uk if you would like to attend.

Seller's Solicitor

Messrs Taylor Rose TTKW Ltd (Ref Sean McCarthy). Tel 0207 400 6093.Email sean.mccarthy@taylor-rose.co.uk

Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'TBA', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at www.auction.co.uk. Please check regularly for updates. Lots may be sold or withdrawn prior to auction.


Listing History

Added on Rightmove:
25 November 2017

Map & Street View

Disclaimer - Property reference 1031000187. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Allsop , Auction. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of 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.

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Allsop , Auction on 0207 494 3686.


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