Call the team on 01752 474200 for more information
First Floor Flat
A first floor flat in Torquay, Devon. The accommodation comprises a living/dining room, kitchen, two bedrooms and a shower room. This property is being sold with tenants in situ. The tenants are currently paying £950pcm and £11,400pa. This offers a potential yield of 15.2% based on the guide price.
Tenure
Leasehold.
AUCTIONEERS NOTE
RENTAL YIELD: This property is being sold with tenants in situ. The tenants are currently paying £950 per calendar month and £11,400 per year. This offer a potential yield of 15.2% based on the guide price.
ACCOMODATION
Entrance Hall Living/Dining Room Kitchen Bedroom One Bedroom Two Shower Room
VIEWINGS
Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on 03456 461361 to request a viewing.
FULL DETAILS
Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within the full property details, online, via our website. All published information is to aid identification of the property and is not necessarily to scale.
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.
Energy Efficiency Rating (EPC)
Current Rating C75
Local Authority
Torbay Council
Solicitors
Ashford's Solicitors, Ref: Ashford's Solicitors, Tel: +44 1752 526024
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £1200 inc VAT payable on exchange of contracts.
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.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.