Lot 116 Freehold Property With Three Flats Partially ConvertedAuction Date:
11th February 2026
45 Pennsylvania Road, Exeter, Devon, EX4 6DB
On the instructions of the Receivers
Key Features
Freehold development opportunity comprising a partially completed conversion into three self-contained flats. The current layout provides two two-bedroom flats and one one-bedroom flat. The property is offered as a single lot.
The property occupies a city centre position, within close proximity to amenities and within walking distance of the University of Exeter. The location is well suited to a strong rental demand, making the completed scheme likely to appeal to both the private rental and investment markets.
Ground Floor
Front door with storm porch leading to communal entrance hall with stairs.
Flat 1
Two bedrooms, Living room, dining room, kitchen with door leading to garden space and shower room.
First Floor
Flat 2
Two bedrooms, living room, kitchen and shower room.
Second Floor
Flat 3
Versatile one/two bedrooms, kitchen/dining room/living room and shower room.
Outside
Small garden to the front, garden to the side and rear and bin store.
Auctioneer’s Note
The property is being sold by Fixed Charge Receivers. The sale will be subject to the Receiver’s contract and the Receiver will not provide the usual level of replies to pre-contract enquiries. Interested parties should rely on their own inspections and the information contained within the legal pack prior to bidding.
EPC Rating G
Council Tac Band B
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
