Lot 33 Freehold Investment Arranged As Two FlatsAuction Date:
13th December 2023
153 Babbacombe Road, Torquay, Devon, TQ1 3SU
Currently part let at £6,600 per annum
This mid-terrace building is arranged as two flats. The lower flat, which is in good decorative order, is let on an Assured Shorthold Tenancy and the upper flat, which has recently been refurbished, is vacant. The property has a rear garden with parking area and is located close to Babbacombe Downs, Oddicombe Beach and local amenities. The property is likely to be of interest to investment buyers.
Flat M
Ground Floor
Private entrance to living room, kitchen/breakfast room and hallway.
Lower Ground Floor
Hallway with door to rear access, bedroom, bathroom and store room.
Outside
Rear patio, garden and off-road parking.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £550 per calendar month.
[Flat P (Vacant)
First Floor
Private access to stairs, landing, open-plan living room/kitchen and bedroom with en-suite shower room.
Council Tax Band
Both flats Band A.
Freehold with Part 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
