A Grade II listed three-bedroom cottage situated in the centre of Honiton

Description - A Grade II listed three-bedroom cottage situated in the centre of Honiton, located just off the High Street. Ideal investment purchase or for first time buyer.

Residential Lettings - If you are considering investing in a Buy To Let or letting another property and require advice on current rents, yields or general lettings information to ensure you comply, please contact a member of our lettings team on[use Contact Agent Button].

Estimated rental value for this property done to a high standard is £625 per calendar month with a yield of approximately 6 - 6.8%.

Situation - Situated in a tucked away location just off Honiton High Street. The town itself has a range of facilities such as supermarkets, independent shops and restaurants, doctors surgery and hospital. Honiton has fantastic communication links including a main line rail service to London Waterloo and Exeter, access to A30, bus routes to the coast and an international airport a short drive away.

Exeter, 16 miles to the East, has a brilliant selection of leisure and recreational facilities including the Princesshay and Guildhall shopping centres as well as a rail link to London Paddington. The south coast at Sidmouth lies approximately 10 miles to the south. The charming coastal town of Beer, and popular beaches at Branscombe, Seaton and Lyme Regis are within easy driving distance.

Accommodation - Front door leads into a small entrance hall with space for cloaks and shoes. The dining room is bright and spacious with space for dining table and side units. Large windows face north-west out to the courtyard allowing plentiful light to fill the room. The galley kitchen has base and wall level units with white laminated worktop. To the far end is a stainless-steel sink below a window facing out to the courtyard. There is space for a washing machine and cooker. The sitting room is a generous size with a delightful bay window and side patio door leading out into the courtyard. There is a good size under stair cupboard. To the first floor there are two double bedrooms and one single bedroom. The principle bedroom is of a generous size with ample space for wardrobes and dressing table. The family shower room has white fitted suite including shower cubicle, w/c and wash basin.

Outside - To the front of the property is a courtyard.

Services - All mains services connected.

Agent's Note - The property was photographed whilst the property was tenanted and occupied. The property is now empty and being sold with vacant possession.

Directions - From Stags High Street offices proceed down the High Street on the opposite side and after approximately 200 yards the entrance to Central Place will be seen on the right adjacent to Ali's Kebab House.

Viewing - Strictly by appointment only.

Method Of Sale - The property will be offered for sale by Online Traditional auction. The auction end date will be Wednesday 1st December 2021 at 5pm. The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date. The property can be accessed via our website stags.co.uk.

Buyers & Administration Fee - Online Auction - The successful purchaser(s) will be liable to pay the sum of £5,000. From this a "buyer's fee" of £2,400 (Inc. VAT) is retained by Stags/Bamboo Auctions as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price.

An additional "administration" fee of £1,200 inc VAT will be payable by the successful purchaser immediately after the auction. This will be separately invoiced by Stags.

Proof Of Identity - Under the Money Laundering Regulations 2017 it is a requirement for Estate Agents to perform due diligence checks on any person that intends to bid at auction. There will be a requirement for all bidders to register via the online sales site and complete the ID checks. There is no charge for registration.

Definition Of Auction And Reserve - -Guide price is an indication of the seller's expectation.
-Reserve Price is a figure below which the auctioneer cannot sell the lot at auction.
-We expect the reserve will be set within the guide range or no more than 10% above a single figure guide.
-Guide prices may change at any time prior to the auction.

Legal Pack - 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 enquiries prior to the auction. Prospective purchasers are strongly advised to inspect the legal documentation and to consult legal advice prior to bidding.

Solicitor Acting - Mr Alistair Heron, Gilbert Stephens, 15-17 Southernhay East, Exeter, Devon, EX1 1QE.[use Contact Agent Button].

Completion Date - The completion date will be as dictated by the solicitor and included in the legal pack, likely to be 20 working days following exchange.

Special Conditions Of Sale - Particulars, remarks and stipulations contained herein shall be deemed to form part of the special conditions of sale/auction information pack and in case of any inconsistencies the provision of the latter shall prevail. Special conditions of sale/auction information pack is available online. It is assumed that the Purchaser will have made all necessary enquiries prior to the auction.