No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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This property is no longer on the market

2 bedroom flat

Auction
Chain-free
Study
Save
Flat
2 bed
1 bath
EPC rating: E*
505 sq ft / 47 sq m

Key information

Tenure: Leasehold
Council tax: Ask agent
Broadband: Super-fast 67Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Leasehold
  • The Theatre, The Royal Bath and West Showground, Shepton Mallet
  • For sale by auction - Wednesday 20th September 2023, 12pm
  • Auction Guide Price £58,000 to £62,000
  • Potential rental income of £550 to £575pcm
  • Perfect for first time buyers
  • Second floor apartment
  • Views of the Church
  • Town Centre Location
  • Investor opportunity

The property is initially accessed from a communal staircase which leads up to the first and second floors. Upon entering the flat, there is a central hall with large airing cupboard and smaller secondary cupboard as well as doors to the rest of the accommodation.

To the left, the bathroom is partly tiled and is fitted with a white suite comprising shower, low level WC and a pedestal wash hand basin. Across the hall the kitchen has a range of matching floor and wall units, work surface with tiling behind, sink with drainer and space for white goods. The sitting room is of good size and enjoys views out onto the town via a bay widow. The well proportioned master bedroom provides ample space for furniture and a second single bedroom provides additional space for a young child or home office space. 

Whilst there is no allocated parking with the property, seasonal permits are available to purchase via Mendip District Council for Great Ostry Car Park located a short distance away.

Local Council: Mendip

Council Tax Band: A

Heating: Electric

Services: Mains water, drainage and electricity

Tenure: Leasehold

Completion

Completion has been set for Wednesday 18th October 2023 or earlier by arrangement.

Registering to bid and Administration fee

Cooper and Tanner requires all bidders who wish to bid at our Auction to register beforehand, whether you are intending on bidding in the room, by proxy or online. As part of the registration process, you will be asked to provide card details in order that the Buyer’s Administration Fee of £1295 inc VAT can be paid if you are successful. A week before the auction a hold will be placed on your account for this sum, which will then be released if you are unsuccessful. This fee will only be taken if you are the successful buyer. The fee is retained by Cooper and Tanner and does not form part of your deposit or completion settlement. Please also be aware that the Buyer’s Administration fee is payable per lot purchased. If you are successful in purchasing more than one lot, we will contact you following the auction to take subsequent payments for additional lots bought. All checks required by current anti-money laundering legislation must be satisfactorily completed, as part of the registration process before prior approval to bid will be granted; this will include providing proof of funds.

Deposit

Successful bidders will be required to pay to the Cooper and Tanner Client Account the deposit of 10% of the purchase price within 24 hours of the auction. The account details will be provided to the successful bidder on conclusion of the auction. Once funds are cleared, they will be transferred on to the account of the solicitor acting for the seller. Please ensure that funds are in an account suitable to be able to make an Electronic Transfer from.



Description
A two bedroom second floor apartment situated in St. Pauls Terrace, in the heart of Shepton Mallet and a stone's throw from the town's shops and local amenities.

The property is initially accessed from a communal staircase which leads up to the first and second floors. Upon entering the flat, there is a central hall with large airing cupboard and smaller secondary cupboard as well as doors to the rest of the accommodation.

To the left, the bathroom is partly tiled and is fitted with a white suite comprising shower, low level WC and a pedestal wash hand basin. Across the hall the kitchen has a range of matching floor and wall units, work surface with tiling behind, sink with drainer and space for white goods. The sitting room is of good size and enjoys views out onto the town via a bay widow. The well proportioned master bedroom provides ample space for furniture and a second single bedroom provides additional space for a young child or home office space.

Whilst there is no allocated parking with the property, seasonal permits are available to purchase via Mendip District Council for Great Ostry Car Park located a short distance away.

location
The historic market town of Shepton Mallet is located in the Mendip district of Somerset, five miles east of Wells, England's smallest city. Both the City of Bristol and the picturesque City of Bath, a World Heritage Site, are located just 18 miles away and easily accessible. Shepton Mallet itself offers a range of local amenities and shopping facilities including a large supermarket, leisure centre, lido with fitness centre, a choice of pubs and restaurants, dentists and doctors, a Grade I Listed church and both primary and secondary state schools. For those travelling by train, Castle Cary station (which has direct services to London Paddington) is situated only six miles away.

management charges
The management company is Bloq Management Services Limited
The management charge is circa £150 per Calendar Month
The ground rent payable is £100 Per Annum
The remaining lease length is circa 127 years

Council Tax Band A and Leasehold


Property information from this agent

Places of interest

    Founded in 1908, Cooper & Tanner are the area’s longest standing Estate Agents, Auctioneers, Surveyors and Agricultural professionals. We hold regular land and property auctions, weekly livestock sales and our salerooms auctions are held each Wednesday. We are based in Frome, Castle Cary, Glastonbury, Standerwick, Street, Warminster and Wells and cover Somerset and Wiltshire. Our Lettings Department provides a full service for landlords of residential property and our Commercial Department can deal with all aspects of the commercial market including sales and lettings of shops, offices, commercial units etc. Our Surveying Department provides structural surveys, homebuyers’ reports, probate and marital valuations and can advise on all aspects of property. We have expert and extensive knowledge of development land, renovation projects and building plots. Please contact one of our offices for a warm welcome and professional service.

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    Property reference 24978745. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Cooper & Tanner - Frome.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on April 27, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on April 27, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on January 15, 2019 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.