Ferncloud House, EX31 2NT

For Sale via Online Traditional Auction. Secure Sale online bidding. Terms & Conditions apply. Starting Bid £150,000

The properties will be legally prepared enabling any interested buyer to secure the properties immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

An excellent opportunity to purchase 2 flats in the heart of Fremington. Flat 1 has 2 bedrooms, lounge, kitchen. and bathroom. Flat 2 has 1 bedroom, lounge, kitchen and bathroom. There is a rooftop terrace outside of the flats with two lockable stores. This roof area has been used by tenants over the years for sitting outside,etc.

Flat 1 is currently vacant, however was let at £620pcm, Flat 2 is currently let at £460pcm. Both rents are below current market value.  

The village of Fremington is some 4 miles from Barnstaple and offers a range local amenities that include a Post Office, Medical Centre, Primary school, convenience store, two popular pubs, and a Chinese restaurant/takeaway. Close by is Fremington Quay which provides you access to the Tarka Trail and fronts the River Taw, there is also a lovely cafe. The coastal village of Instow with its sandy beach is just a short drive away. This property is a short walk to the bus service.

Property additional info

FLAT 1 ENTRANCE HALL:
Built-in storage cupboard housing gas fired boiler

LOUNGE: 3.60m x 3.48m (11' 10" x 11' 5")
TV point. Telephone point. Radiator. Fitted carpet.

KITCHEN: 3.25m x 2.28m (10' 8" x 7' 6")
UPVC double glazed window. Range of units. Space for electric cooker. Space for fridge. Space with plumbing for washing machine. Radiator.

BEDROOM 1: 4.16m x 3.58m (13.65ft x 11.75ft)
Radiator. Fitted carpet.

BEDROOM 2: 4.14m x 3.17m (13.58ft x 10.40ft)
Radiator. Fitted carpet.

BATHROOM:
3 piece white colour suite comprising panelled bath. Low level Wc. Wash hand basin. Radiator. Vinyl floor covering.

FLAT 2 ENTRANCE HALL:
UPVC double glazed front door off. Airing cupboard housing factory lagged cylinder. Access to loft space.

LOUNGE: 4.50m x 2.80m (14.76ft x 9.19ft)
Double radiator.

KITCHEN/DINER: 4.80m x 2.90m (15.75ft x 9.51ft)
Inset single drainer, stainless steel top sink unit with cupboards and space below with plumbing for washing machine. Working surface with drawers and cupboards below. Further working surface with drawers and cupboards below. Island unit. Double wall unit. Gas/electric cooker points. Double radiator.

BEDROOM: 4.10m x 1.90m (13.45ft x 6.23ft)
Built-in wardrobe. Double radiator.

BATHROOM:
Panelled bath with tiled area., Gainsborough Style 400 shower unit. Pedestal hand basin. Low level W.C Extractor unit. Radiator.

OUTSIDE:
There is a terraced roof area directly outside of the flats which has been used by tenants over the years. There are also two rooftop storage cupboards

SERVICES:
Mains water, electricity, gas & drainage are connected to both flats.

COUNCIL TAX:
Flat1 1 - BAND A Flat 2 - Band A

EPC :
Flat 1 - EPC Rating D Flat 2 - EPC Rating D

TENURE:
Freehold

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'. This auction lot is being sold either under 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 Marketing Agents or via The Auctioneers website. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively. The property is being sold via a transparent online auction. 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 of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law. 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. 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 equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. 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 necessary or beneficial to the customer to pass their 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.

VIEWINGS:
By appointment through Woolliams Property Services Telephone: Office Hours Out of Office Hours:

DIRECTIONS:
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