*For sale via secure sale online bidding: terms and conditions apply.*
Auction is set to close on the 3rd of January 2024 at 2pm

IDEAL 6.9% YIELD INVESTMENT OPPORTUNITY - TWO FLATS WITH AST TENANTS - Situated on Church Street only a few minutes walk to the town centre this Grade II listed building offers TWO FLATS that has been renovated throughout with the
The Ground Floor flat offers a one bedroom flat with private garden offers a modern fitted kitchen that is open plan into the living space with door to bedroom and a white suite shower room.

Upstairs the TWO Bedroom flat also offers a private garden with large outbuilding that is ideal for storage while the accommodation offers a modern fitted kitchen, lounge, two double bedrooms and a white suite shower room.

Both properties benefit from new electric heating, rewiring, new plumbing, some insulated external walls, new roof and chimney flue while the property sits within easy access of the town centre.

Church Street is located within a minute's walk of West Exe North shops and services, while Heathcoat and St Johns Primary schools are situated nearby. Links to North Devon link road is available within a few minutes drive for the M5 and Parkway mainline station and M5 leading to London Paddington and Exeter City Airport and City Centre.

Ground Floor Flat -

Communal Walkway - Entrance door leading to a communal lobby with two entrance doors to the ground floor and first floor flat of the building with walkway leading to the garden and store.

Ground Floor Reception Room - 4.88m x 3.63m maximum (16'0" x 11'11" maximum) - Entrance door leading into a reception that has undergone refurbishment providing a modern fitted kitchen open plan into the living space with sash window to front aspect, fire place with flue and door leading to

Bedroom - 4.19m x 2.57m maximum (13'9" x 8'5" maximum) - Offering a sash window to rear aspect over looking the private rear garden, fire place with flue, storage cupboard under stairs and door leading to

Shower Room - 2.67m x 1.35m maximum (8'9" x 4'5" maximum) - Offering a new white suite comprising of a low level w.c., wash hand basin and sash window to side aspect.

Rear Garden - A private rear garden enclosed with timber fencing and gate leading out.

First Floor Flat -

Entrance Porch - With a new uPVC double glazed entrance door leading into an entrance hall with stairs leading to the first floor flat.

First Floor Landing - 3.43m x 1.30m maximum (11'3" x 4'3" maximum) - With doors leading to

Kitchen - A modern fitted kitchen offering a range of units with cupboard housing hot water boiler and window to rear aspect over looking the rear garden.

Sitting Room - 4.37m x 2.39m maximum (14'4" x 7'10" maximum) - With sash window to front aspect

Bedroom One - 4.11m x 2.31m maximum (13'6" x 7'7" maximum) - With sash window to rear aspect

Bedroom Two - 3.33m x 2.46m maximum (10'11" x 8'1" maximum) - With sash window to front aspect

Shower Room - 2.03m x 1.40m (6'8" x 4'7") - A white suite comprising of a shower cubicle with electric shower and glass screen doors, low level w.c. and wash hand basin.

Garden - A private rear garden enclosed with timber fencing and door leading to an outbuilding and gate leading out.

Garden Storage Outbuilding - 5.13m x 3.10m maximum (16'10" x 10'2" maximum) - A large stone/cob building with tin roof

Agent's Note - Please note that the property is Grade II listed. Under Section 20 and 21 of The Housing Act of 2004, there was recently a prohibition Order dated 17th March 2021 which was operative from 18th April, 2021.
The agent can confirm this has now been removed by Mid Devon district council after meeting its targeted standards.

Auction Notes - Auction is set to close on the 26th of November at 2pm. We are working in partnership with Pattinson Auction on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.