Sticklepath Hill, Sticklepath, Barnstaple, EX31

Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £95.000

Ideal First Time purchase or Buy To Let investment this top floor flat is in a great location on the outskirts of Barnstaple Town centre. Accessed via a white Uvpc door into a shared hallway leading to own entrance and stairs up to landing with kitchen and bathroom off.

The kitchen benefits from light wood base and wall units with contrasting black worktop over, gas cooker, space and pipes for washing machine, space for under-counter fridge, and window overlooking rear gardens. The bathroom consists of shower cubicle, basin and toilet with window to side. Second half stair case leads to good sized bedroom with built in wardrobe, double glazed window with rear aspect and a well proportioned living area with large bay windows to the front and feature fire place (ornamental). There is a small garden to the rear.

The property is currently Let and is achieving a rent of £550pcm. The tenant has indicated that they would stay on if purchased by as an investment by a Landlord so you could be receiving rent from the sale completion day!

Equally, for those looking to take their first steps on the property ladder then this would be an ideal purchase providing, spacious accommodation with low outgoings and your own garden.

Ample street parking available

EPC Band D, Council Tax Band A. 

Mains Gas, Electric, Water and Sewage. Gas boiler and central heating.

According to Ofcom the mobile and data coverage is 'likely for Vodaphone and o2 and 'limited' for EE and Three. Ultrafast broadband is available in the area through Jurassic Fibre, Open Reach or Airband with max speed of 1000mbs

The property is of traditional brick construction and has a 999 year lease which was granted in 1987 so has 972 years remaining.

There are three properties within the  block and there is a resident Management company in place which as an owner you are automatically a member and have a share of the freehold. The current annual service charge is £297.94 and includes buildings insurance but not maintenance reserve. Any maintenance costs are shared by the leaseholders as and when they arise. There is a Ground Rent payable of £25 however the Management Company do not currently collect this.

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. 

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.

These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. 

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 £7,200 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.

Entrance Hall

There is a shared main entrance door leading into a hallway with separate doors to both the ground and first floor flats.
Inside the door, there is a staircase leading to the landing and the kitchen and bathroom.
Further stairs lead up to the lounge and bedroom.

Kitchen

2.39m x 3.28m (7'10" x 10'9")

Located to the rear of the property with views overlooking the garden and wooded area beyond.

Fitted lightwood units, contrasting worktop, cupboard housing the boiler,

Bathroom

Shower room with shower cubicle, basin and toilet. Vinyl flooring.

Lounge

4.49m x 3.58m (14'9" x 11'9")

Located to the front of the property, large bay window, radiator, pendant lighting and light coloured carpet.

Bedroom

3.45m x 2.41m (11'4" x 7'11")

With views to the rear, built-in cupboard, pendant lighting, radiator and light coloured carpet.

Disclosure

These details are intended to give a fair description only and their accuracy cannot be guaranteed nor are any floor plans (if included) exactly to scale. These details do not constitute part of any offer or contract and are not to be relied upon as statements of representation or fact. Intended purchasers are advised to recheck all measurements before committing to any expense and to verify the legal title of the property from their legal representative. Any contents shown in the images contained within these particulars will not be included in the sale unless otherwise stated or following individual negotiations with the vendor. Northwood have not tested any apparatus, equipment, fixtures or services so cannot confirm that they are in working order and the property is sold on this basis.

Northwood North Devon Ltd is a member of Propertymark which is a client money protection scheme, and also a member of The Property Ombudsman, which is a redress scheme.