About this property
Auction Notes
This property is being sold by conditional online auction and a non-refundable reservation fee of £6000 or 4.2% + VAT applies, whichever is the greater (in addition to the purchase price). If you are the successful bidder, you will be charged the amount of £6,000 + VAT (£7,200) or 4.2% +VAT, whichever is the greater, which will be processed online, immediately at the end of the auction, only if you are the successful bidder. You will then have 20 working days within which to exchange contracts, and a further 28 days to complete the purchase.
Definition of a guide price and a reserve price:
Guide Price: An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price: the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. Bids may be accepted by the system but the property will not sell if the bidding does not reach the reserve. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Communal Entrance
Communal entrance door with security intercom system. Staircase rising to the first floor.
Entrance Hall
Double central heating radiator with thermostat control, built-in cupboard, thermostat and control panel for gas central heating. Coved and textured ceiling. Intercom for communal front door. Doors to ...
Living Room
Double glazed window to front elevation, further double glazed window to side elevation. Central heating radiator. TV point, fireplace with electric fire, coved ceiling.
Kitchen
Double glazed window to rear elevation, further double glazed window to side elevation, expanse of roll edged work surface, gas hob, range of base and eye level storage cupboards, built in oven. Inset one and a half bowl sink and drainer unit, built-in storage cupboard with central heating boiler, space and plumbing for washing machine and dryer, space for fridge.
Bedroom 1
Double glazed window to front elevation, further double glazed window to side elevation, double central heating radiator with thermostatic control, built-in wardrobe, coved ceiling.
Bedroom 2
Double glazed window to rear elevation, central heating radiator with thermostatic control, built-in wardrobe and coved ceiling.
Shower Room
Two obscured double glazed to the rear elevation. Shower cubicle. Hand wash basin with storage under. WC with concealed cistern. Central heating radiator with thermostatic control. Ceiling spot light and extractor fan.
Outside
This particular apartment enjoys well maintained communal gardens and a single garage. This garage has an up and over door, with light and power.
It is understood from the current owner that there is also a visitors parking space.
Material Information
What3words: ///outreach.clearcut.skirting
MATERIAL INFORMATION
Tenure: Leasehold ; 999 years from 29.9.71
Ground Rent - £5 per annum
Maintenance Charge - £180 per month
Council Tax: Band D with East Devon District Council
Mains: Electricity, Water & Drainage
Heating: Gas Central Heating
Parking Availability: Garage
Property Accessibility: Step to enter the communal hall and then stairs to first floor
Restrictions : no dogs and light vehicles only.
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