A mid-terraced period townhouse arranged as a 1 Bedroom Ground Floor flat with courtyard garden and a 1 Bedroom First and Second Floor maisonette. Being sold with tenants in situ on assured shorthold tenancy agreements. Current annual rental income is £10,790.

This property is for sale by Modern Method of Auction powered by iamsold LTD - Starting Bid £120,000 plus Reservation Fee.

Auctioneer Comments
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your nformation will be shared with the Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.

Where services are accepted, the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Communal Entrance Porch and Hallway    Stairs rising to First Floor Maisonette.

GROUND FLOOR FLAT

Lounge 11'7" x 9'5" (3.53m x 2.87m). Double glazed window. Understairs storage cupboard.

Kitchen 11'5" x 6'8" (3.48m x 2.03m). Equipped with a range of fitted units comprising single drainer sink unit, worktop surfaces with storage cupboards and appliance space below, matching wall storage cabinets, tiled splashbacking. Electric cooker point.

Bedroom 13' (3.96m) into bay window x 8'6" (2.6m). Bay window. Night storage radiator. Built-in wardrobes.

Rear Lobby    Door to rear courtyard garden.

Shower Room    Shower enclosure, pedestal wash hand basin and WC. Heated towel rail, tiled flooring.

FIRST FLOOR MAISONETTE

First Floor Landing

Lounge 12'9" x 10'2" (3.89m x 3.1m). 2 double glazed windows. Staircase rising to Second Floor Attic Bedroom

Kitchen 11'5" x 6'3" (3.48m x 1.9m). Single drainer sink unit, worktop surfaces with storage cupboards below, appliance space, tiled splashbacking.

Shower Room 9' x 6'8" (2.74m x 2.03m). Shower enclosure, pedestal wash hand basin and WC. Night storage radiator.

Attic Bedroom 13'6" x 11'10" (4.11m x 3.6m). Velux roof light. 2 built-in eaves storage cupboards.

Outside    To the rear of the property is a small enclosed courtyard style garden with Storage Shed.



Directions

From Bideford Quay travel to the top of the High Street and turn left. Travel through Old Town to the junction and turn left onto Meddon Street. Approximately half way down the road, turn left into Victoria Grove. Number 15 will be found on your right hand side.