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Lot 13
Sold Prior

Auction Date: Thursday 27th June 2019

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

Auction Time: 13:00


31 Victoria Place, Budleigh Salterton, Devon

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Property Description

An opportunity to acquire three residential units, garage and garden enjoying an elevated position in the town centre of Budleigh Salterton with some sea views from the first floor apartment and the low maintenance patio style gardens with a summer house. The property comprises of a ground floor double garage with electronic door, a studio apartment currently let and generating £500 pcm/£6,000 pae, a vacant first floor three bedroom apartment and a detached three bedroom prefabricated bungalow currently let on a rolling assured shorthold tenancy and generating £650 pcm/£7,800 pae. The property is likely to appeal for those seeking multi-generation occupancy, a home with income potential, a continued residential lettings investment, or for a post works break up and resale opportunity subject to any requisite consents.


Location

The ever popular unspoilt and charming seaside town of Budleigh Salterton is situated on the World Heritage Jurassic Coast and in the East Devon Area of Outstanding Natural Beauty. The town offers a comprehensive selection of independent shops, boutiques, cafes and public houses, along with circa 2 miles of pebble beach and excellent road links to the M5, A30/A38 road networks, mainline railway stations and airport are available from the cathedral city of Exeter circa 12 miles.

Ground Floor

Entrance porch and communal entrance hall giving access to all units of accommodation. Studio Flat: Utility area, open plan lounge/kitchen/diner with steps up to the sleeping area and en-suite shower room, separate wc and understairs storage area. Double garage with electronic door, power, lighting, water and courtesy door accessed from the hallway.

First Floor

Landing with caretakers store room and loft access, giving access to the flat, rear patio gardens and bungalow. Flat: Entrance hall, kitchen with utility area off, sitting room with sea glimpses, three bedrooms and bathroom. Timbers Bungalow: Entrance porch, hallway, lounge/diner with kitchen off, bedroom one, rear hallway with door to garden, two further bedrrooms and bathroom.

Outside

Patio style gardens and a summerhouse.

Energy Efficiency Ratings

Studio Flat - E First Floor Flat - E Timbers Bungalow - E

Auction Valuer

Wendy Alexander

Viewing

Strictly by appointment only with Fulfords Budleigh Salterton 01395 443758. General enquiries Countrywide Property Auctions 01395 275691.

Notes

The accommodation units are individually rated for council tax and metered for gas and electricity, with a shared water supply. Please refer to the legal pack for current tenancy details.


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* Guide Price

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* 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.

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Legal Packs

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