OVERVIEW

Modern single use student studio flat set on second floor of purpose built complex incorporating 200 student flats. Communal facilities include common room, games room and gardens. The tenure is Leasehold and details of the ground rent and service charge etc will be outlined in the auction Legal Pack. The management company, Smeaton Homes Students are based on site and they can provide lettings and management services at a cost. Flat 199 is currently vacant but includes basic furniture and fitments. We are advised by Smeaton Homes Students they currently promote similar flats at a rate of approx. £100 pw + costs.

Tenure

Leasehold

ACCOMMODATION

ENTRANCE Access to Flat 199 - from the front entrance of the west wing proceed to the second floor and to the entrance door marked 199. HALL With telephone entry system and consumer unit. Doors to: SHOWER ROOM 6' 9" x 4' 5" (2.06m x 1.35m) Tiled walls, shower cubicle with electric shower unit, toilet, wash basin, heated towel rail, extractor fan. KITCHEN 6' 9" x 6' 1" (2.06m x 1.87m) With base units, wall cupboards, roll top work surface, stainless steel single drainer sink unit, electric oven, hob and extractor fan, fitted fridge and fitted washer / dryer. BEDROOM / LIVING ROOM 13' 1" x 10' 3" (4.01m x 3.13m) With window and night store heater.

OUTSIDE

As previously mentioned there are communal garden areas for students.

LEASE INFORMATION

Leasehold - 125 years from 24/06/2003 therefore approximately 109 years remain. Ground rent £50 PA increases by £50 every 20 years, up to a maximum of £250. Service charge and Insurance 0.495% of total PA.

VIEWINGS

There will be regular viewing sessions in the lead up to the auction. Please telephone Auction House Devon & Cornwall T: 01392 455928 to arrange a viewing.

SOLICITORS

Wilsons Solicitors, 20 The Grove, Ilkley, LS29 9EG T: 01943 602998 Attn: James Walsh E: james.walsh@lawoffice.co.uk

NOTICE TO BIDDERS

Please be aware that if your bid is successful on auction day, Exchange of Contracts will happen immediately after the auction. As part of this the auction day staff will be required to take copies of proof of ID documents (passport and photo driving licence) and both proof of funds and the source of funds for all buyers. Failure to produce the correct documents immediately after the auction will result in the Lot being offered to the next highest bidder. For a full list of auction day requirements please either see the document within the Legal Pack or contact Auction House Devon & Cornwall. In this instance the sellers require the deposit to be paid from cleared funds i.e. a BACS payment by telephone or internet banking. Please also note that the seller has no personal knowledge of the property, and that these details have been prepared on the basis of the limited information we have received.

FULL DETAILS

Photographs, room dimensions, floor plans and area measurements (when available) are included within our full details online at www.auctionhouse.co.uk. All published information is to aid identification of the property and is not to scale.

Energy Efficiency Rating (EPC)

Current Rating 78 Band C

Local Authority

Plymouth City Council

Additional Fees

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - £600 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.