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Lot 110
Sold for £46,500

Auction Date: Thursday 10th September 2020

Auction Venue: Sandy Park Conference Centre, Exeter, Devon EX2 7NN

Auction Time: 13:00


Flat H, 458 Babbacombe Road, Torquay

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Addendum To Printed Catalogue

For the avoidance of doubt the property is being sold with the tenant in situ.

Property Description

A first floor studio apartment situated in the Wellswood area of Torquay. The property is currently generating an income of £375pcm/£4,500 pae and is situated in a popular residential area, having the benefit of use of the communal patio gardens and its own private entrance. Little Court Apartments comprises of eight flats in total, three of which are owner occupied.


Location

Wellswood is set in Torquay, within easy distance of Babbacombe and the harbour. Local amenities include the famed Kents Caverns, a bowling alley and sandy beaches. The property is located within walking distance of the shops of Wellswood and the local pub The Kents. Torquay forms part of Torbay, which includes the towns of Paignton and Brixham.

Ground Floor

External staircase leading to the patio garden entrance

First Floor

Flat H: Open plan kitchen/bedroom, shower room and storage cupboard.

Outside

Communal patio garden area.

EPC

Energy Efficiency Rating - E

Auction Valuer

Wendy Alexander

Viewing Arrangements

Strictly by prior appointment with Miller Countrywide Torquay 01803 291429. General enquiries Coutrywide Property Auctions 01395 275691. GET READY TO BID BY VISITING THE AUCTIONEERS WEBSITE

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* Guide Price

An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

* Reserve Price

The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Buyers Fee

A successful purchaser will also be required to pay a Buyer’s Administration Charge of 1.2% of the purchase price subject to a minimum fee of £1,500 including VAT (unless stated otherwise within the property description in the catalogue) by debit card or bank transfer.

Legal Packs

You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees).

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