8A Scarborough Place
Ref: Lot 6
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Unconditional (Buyer's Premium)
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a £5,000 or 5% deposit and a 2%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 56 days following the auction (unless otherwise stated).
8A Scarborough Place, Torquay, Devon, TQ2 5UY
Two Bed First Floor Flat with Tenant in Situ. 8A Scarborough Place, Torquay, Devon, TQ2 5UY
Two Bed First Floor Flat with Tenant in Situ. 8A Scarborough Place, Torquay, Devon, TQ2 5UY
Description
Town & Country Property Auctions are delighted to offer For Sale by Public Auction this well presented 2 bedroom first floor flat. Situated in a quiet residential area close to local shops and amenities. The property benefits from two bedrooms, lounge/ diner, and fitted kitchen and bathroom. The property is currently let on a rolling AST agreement however the tenants have stated they are willing to vacant or continue/ sign a new contract with rent review. The current rent is £700 per month and the tenants have no rent arrears. Low service charges makes this property a ideal investment property for landlords or owners looking to reside in the property. Reserve to be agreed prior to the start of the auction.
The property will be entered into our 14th November 2024 auction which is held online and starts at 10am. You must register to bid and download the legal pack.
PROPERTY FEATURES
. First Floor Flat
. Two Bedrooms
. Modern Bathroom
. Good Condition
. Close to Local Amenities
. Council Tax Band: A
. Potential Rental Value Per Month: £700
. 28 Day Completion
. Cash Buyers Only
ADDITIONAL INFORMATION
. Leasehold
. Length of lease remaining: 72 Years Approx
. Annual Ground Rent: £50
. Annual Service Charge: £660 Inc Buildings Insurance
TENANCY INFORMATION
• Agreed Rent Per Month: £585
• Any rent arrears: No
VIEWING ARRANGEMENTS
Please call us on 01202 143399 to arrange a viewing.
Tenure
Leasehold
Buyers Premium
* Buyers Premium Applies
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Council Tax Band
A
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
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- Buyers are advised to refer to individual terms and conditons, relevant legal pack and are not to rely on details or videos provided by the agent as statement of fact on the basis on proceeding with a sale
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