A vacant two bedroom ground floor apartment presented in excellent order throughout and ready for either owner occupation, or as a residential lettings venture, having the benefit of the remainder of a 999 year lease from 1975 and £10 per annum ground rent. The property has on drive parking to the front of the building, a private enclosed rear courtyard and an additional area of garden to the rear of the property, with the option to park a small car in the rear garden on hardstanding.
Eureka Terrace is situated within close proximity of the thriving town centre of Honiton, offering a wide selection of boutique and high street shops, excellent leisure and educational facilities and having the benefit of mainline railway station and being readily commutable to the A303/A30 and M5.
Entrance hall, living room with door to the courtyard garden, kitchen, two bedrooms and shower room.
Private enclosed courtyard style garden area, along with an additional area of garden to the rear of the property.
Energy Efficiency Rating - D
Strictly by prior appointment with Fulfords Honiton 01404 44744. General enquiries Countrywide Property Auctions 01395 275691.
Please be advised that the property is of timber frame construction and may not be suitable for mortgage purposes. Interested parties must make and rely upon their own enquiries of their mortgage consultant/financial advisor.
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).