Lot 99 Property For RefurbishmentAuction Date:
15th June 2023
125 Babbacombe Road, Torquay, Devon, TQ1 3SR
A spacious property previously arranged as four flats, with a large cellar, front garden, courtyard area and parking. Three of the flats have been stripped back for refurbishment with the remaining flat requiring modernisation.
The property is likely to be of interest to builders/developers for post-works onward sale, or investment, with its location being close to Babbacombe Downs, Oddicombe Beach and all local amenities.
Builders may see the opportunity to, perhaps, reconfigure the accommodation into a fabulous family home or sub-divide into houses or flats, subject to all necessary consents being obtainable.
Ground Floor - Side Door Access
Previous Flat F
Now stripped out. Hallway, three rooms and bathroom.
Ground Floor - Rear Door Access
Previous Flats G&B
Now stripped out. Three rooms, bathroom and storage area. Internal access to cellar with large storage areas. Stairs to first floor.
First Floor
Three rooms and storage.
Ground Floor - Side Passageway Access
Flat T
Sitting room.
First Floor
Landing, bathroom, kitchen/living room and two bedrooms.
Outside
Walled front garden for formalisation with gated access to hardstanding. To the rear there is an up-and-over door to off-road parking/courtyard area and an outside store.
Each Flat Council Tax Band A
Local Planning Authority
Torbay Council. Tel: 01803 207801. Website: torbay.gov.uk.
Freehold with Vacant Possession
There is an addendum available to be read
in conjunction with the legal documentation.
Important
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.
* Price Information
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to Buyers Fees
