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Lot 6
Guide Price: £275,000*

Auction Date: Thursday 24th October 2019

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

Auction Time: 13:00


18 South Lawn Terrace, Exeter

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Property Description

An interesting opportunity to acquire a three storey, mid terrace house, requiring modernisation with the benefit of full planning permission already in place for a part single and part two storey extension, in order to create either a sizeable family home in this popular area of the city, or the potential for a lucrative HMO venture subject to any requisite consents.


Location

Heavitree is a popular residential area of the Cathedral city of Exeter, within close proximity to a wide range of local amenities including local shops, supermarkets, restaurants, churches, doctors' surgery and educational facilities catering for all age groups. The property is located close to Heavitree Park and the RD&E Hospital, with good access to Exeter city centre, mainline railway stations, the M5/A30/A38 road networks and Exeter airport.

Proposed Accommodation

Ground Floor

Entrance porch, hallway, lounge, dining room, kitchen with snug/day room off.

First Floor

Landing, two bedrooms, shower room and bathroom.

Second Floor

Landing and two further bedrooms.

Outside

Enclosed garden with patio seating area and storage shed.

Planning

A Grant of Full Planning Permission was issued by Exeter City Council, on the 24th July 2019, under application number 19/0746/FUL for 'Part single/part two storey rear extension. Replacement of the existing Velux to a dormer and the introduction of a new Velux window over the stairwell. In addition application 19/0950/LPD, granted on the 19th July 2019, relates to the proposed ground floor single storey rear extension. Interested parties must make and rely upon their own planning enquiries of Exeter City Council planning department.

EPC

Energy Efficiency Rating - G

Auction Valuer

Wendy Alexander Viewing Arrangements Strictly by prior appointment with Fulfords Exeter 01392 252666. General enquiries Countrywide Property Auctions 01395 275691.


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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:
Blundells Property Auctions - £950+VAT (£1140 including VAT @ 20%)
Sutton Kersh Auctions - £850+VAT (£1020 including VAT @ 20%)
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(unless stated otherwise within the property description in the catalogue) by cheque, bankers draft or debit card made payable to Countrywide.

Legal Packs

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