Balkwill Road, Kingsbridge, TQ7 1HA

*** AUCTION SALE VIA BAMBOO AUCTIONS ***

This one-bedroom first-floor apartment presents a fantastic opportunity for renovation, offering great potential for those looking to put their personal touch on a property. The spacious open-plan kitchen, dining, and living area is filled with natural light, offering delightful views over the generous communal garden at the front of the building. To the rear of the apartment, you'll find a good-sized double bedroom and a separate family bathroom, both of which benefit from a peaceful position within the property.

Outside, there is a well-maintained communal garden, and at the rear, a shared courtyard with designated storage in an outbuilding. Located just a short walk from the town centre, this property is ideally situated for easy access to local amenities, shops, and transport links.

While the apartment requires a complete refurbishment, it provides a wonderful opportunity to create a stylish home in a prime location.

Perfect for first-time buyers or investors looking for a project with great potential.

METHOD OF SALE

The property is offered for sale by Traditional Online Auction (unless sold prior) via Bamboo Auctions.

The auction end date is 12 noon on 28/05/2025 and exchange will occur when the online timer reaches zero (provided the seller's reserve price has been met or exceeded).

The winning buyer will be legally obliged to purchase the property at their highest bid price.

The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date.

In order to bid first, register and verify your email. 

Then, via the dashboard:

- pass an ID check

- enter your card details

- enter your solicitor details

AUCTION LEGAL PACK

This is available to download free of charge to those who have registered, from Bamboo Auctions website.

It is the purchaser's responsibility to make all necessary enquiries prior to the auction and we recommend purchaser's instruct a solicitor to assist.

AUCTION GUIDE PRICE

£99,000

BUYERS & ADMINISTRATION FEE

The successful purchaser(s) will be liable to pay the sum of £5,000 inc VAT.

From this a 'buyers fee' of £3,960 inc VAT is retained by Luscombe Maye and our auction partner, Bamboo Auctions as a contribution towards the online auction platform costs, and £1,040 forms the deposit which is payable towards the purchase price.

The remainder of the 10% deposit (less £1,040) must be paid to your solicitor within 48 hours of the end of the online auction.

Administration Fee 

An additional administration fee of £1,200.00 inc. VAT will be payable by the successful purchaser immediately after the auction to Luscombe Maye Estate Agents. 

PROOF OF IDENTITY

Under Money Laundering Regulations (2017) it is a requirement for Estate Agents to perform due diligence checks on any person that intends to bid at auction.

There will be a requirement for all bidders to register via the online sales site and complete the ID checks.

Registering is free of charge.

MATERIAL INFORMATION

To ensure legal compliance, we require our sellers to complete a Property Information Questionnaire or provide a Material Information Guide along with the title document. If available, please scan the QR code or access the additional online material information you can contact our team for this information.

Verified Material Information

Council tax band: A

Tenure: Leasehold

Lease length: 59 years remaining (99 years from 1985)

Service charge: £600 pa

Property type: Flat

Property construction: Standard construction

Electricity supply: Mains electricity

Solar Panels: No

Other electricity sources: No

Water supply: Mains water supply

Sewerage: Mains

Heating: None

Heating features: None

Broadband: FTTP (Fibre to the Premises)

Mobile coverage: O2 - Great, Vodafone - Good, Three - Great, EE - Good

Parking: Communal, Off Street, Private, and Rear

Building safety issues: No

Restrictions - Listed Building: No

Restrictions - Conservation Area: No

Restrictions - Tree Preservation Orders: None

Public right of way: No

Long-term area flood risk: No

Coastal erosion risk: No

Planning permission issues: No

Accessibility and adaptations: None

Coal mining area: No

Non-coal mining area: Yes

Energy Performance rating: D

All information is provided without warranty. Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.

The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.