Tenanted Investment Property

Situated in a cul-de-sac position this mid-terraced property is split into two self contained apartments and is currently let producing a combined rental income of £860 per month, although this has the potential to be increased in line with current rental pricing. Making a shrewd investment purchase, the properties accommodation comprises a lower ground studio apartment with kitchen, shower room and bedroom / lounge. The ground and second floor maisonette comprises a hallway, open plan kitchen / living room, bathroom and double bedroom. The property offers an off road parking space, rear garden and partial central heating (ground and first floor).

Tenure

Freehold

AUCTIONEERS NOTE

There are currently no tenancy agreements available for the two apartments although a rent schedule is available within the legal pack which is free to download from our website.

ACCOMMODATION

LOWER GROUND FLOOR Kitchen - 10'0'' x 9'7'' (3.05m x 2.93m) Shower Room Lounge / Bedroom - 13'2'' x 9'7'' (4.02m x 2.93m) FIRST AND SECOND FLOOR Kitchen / Living Room - 17'8'' x 9'7'' (2.38m x 2.93m) Bathroom Bedroom - 10'8'' x 9'7'' (3.24m x 2.93m)

VIEWINGS

Weekly block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West T: 03456 461361 to book a viewing slot.

NOTICE TO BIDDER

Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.

FULL DETAILS

Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale.

Energy Efficiency Rating (EPC)

Current Rating E48 and C72

Local Authority

Devon County Council

Solicitors

22 Law Solicitors, 22 Front Street, Ref: Claire Stanton, Tel: 0191 488 4950

Offered in association with

Julian Marks Estate Agents

Additional Fees

Administration Charge - £1200 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.