1 bedroom flat for sale

FOR AUCTION A one-bedroom flat now for modernisation forming part of this purpose-built apartment block being located on the fringe of Exmouth in a popular residential area. The property, which is currently let on an assured short-hold tenancy basis, will appeal to investors and developers alike on the lookout for a future refurbishment project for onwards sale or rent. ACCOMMODATION Ground floor: Communal entrance hall, private flat entrance, hallway, kitchen, living room, bedroom, bathroom/WC. Outside: Allocated parking space. TENURE Leasehold subject to tenancy. Remainder of a 99 year lease dated from 20th March 1975. For ground rent and service/maintenance charges please refer to the auction legal pack. TENANCY Let on an assured short-hold tenancy with current rents reserved of ?595pcm. IMPORTANT INFORMATION 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 (if applicable), which will be available on Auction Day. AUCTION LEGAL PACK & FINANCE Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page. It is the purchaser's responsibility to make all necessary legal, planning and finance enquiries prior to the auction. 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 price (a figure below which the Auctioneer cannot sell the Lot during the Auction). This reserve figure cannot be higher than 10% above a single figure guide. Please check our website regularly at?www.247propertyauctions.co.uk?or contact us on 01395 247000 for up to date information. Following the fall of the hammer contracts are exchanged and there is no going back! https://www.247propertyauctions.co.uk/lots-for-sale?ba_url=%2Fproperty%2Fshort-leasehold-flat-for-modernisation-9662908Council tax band: A, Tenure: Leasehold, EPC rating: E