A purpose build second floor 1 bedroom apartment with a lift service to all floors and parking available for an additional fee. The property is well presented and ready for either owner/occupation or for sub-letting, to over 55's with prior approval of the mangement. We understand that the current rental income achievable for one bedroom apartments in the building is circa £550 pcm/£6,600 pae.
The popular seaside town of Seaton is situated on the dramatic Jurassic Coast and offers a wide range of shopping and leisure facilities, cafes, restaurants, public houses and medical centre.
Communal entrance hallway with stairs and a lift service to all floors.
Flat 18: Entrance hallway, sitting room, kitchen, bedroom and bathroom.
We understand that whilst the property may be purchased by those under 55 years of age, occupancy is restricted to those over 55 and with prior approval of the management. Interested parties must make and rely upon their own enquiries of both the lease and management company.
Energy Efficiency Rating - C
Strictly by prior appointment with Fulfords Seaton 01297 24224. General enquiries Countrywide Property Auctions 01395 275691
Disclaimer: On some client's instructions not all properties are available to purchase prior to auction however we will submit all offers on your behalf.
* 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.
A successful purchaser will also be required to pay a Buyer's Administration charge:
Blundells Property Auctions - £950+VAT (£1140 including VAT @ 20%)
Sutton Kersh Auctions - £850+VAT (£1020 including VAT @ 20%)
Countrywide Property Auctions - £750+VAT (£900 including VAT @ 20%)
(unless stated otherwise within the property description in the catalogue) by cheque, bankers draft or debit card made payable to Countrywide.
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).