Studio for sale

A studio flat in central Torquay with open-plan living and sleeping area, shower room, secure communal entrance in walking distance to shops, restaurants, and the beach.

Guide Price £25,000 to £75,000 * Buyers Premium Applies

For sale by public auction.unconditional online auction.

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Register on this lot today. The legal pack can be downloaded from our website, .

Town & Country Property Auctions are delighted to offer For Sale by Public Auction this well-located studio apartment that sits in a highly convenient central Torquay position, offering modern and comfortable living just moments from the seafront and town centre amenities.

The accommodation comprises a light-filled open-plan kitchen and living/sleeping area measuring approximately 17'4" x 14'4", enhanced by a bay window that creates an airy and inviting atmosphere. A separate shower room completes the layout.

Combining location, rental income, and ease of maintenance, this studio apartment represents an excellent opportunity for both owner-occupiers and investors alike in one of Torquay's most sought-after locations.

The property will be entered into our 11th February auction which is held online and starts at 10am. You must register to bid and download the legal pack.

PROPERTY FEATURES
. Studio Apartment
. Council Tax Band: A
. Market Value: £75,000
. Rental Value Per Month: £525
. Yield Potential: 9%+
. 28 Day Completion

ADDITIONAL INFORMATION
. Leasehold
. Length of lease remaining: 89 Years Approx
. Annual ground rent: £0
. Annual service charge: £2000

VIEWING ARRANGEMENTS
The property is available for viewing immediately, please call us on[use Contact Agent Button]. Please contact Town & Country Property Auctions for more information and to register for the auction. The auction will be held online, and registration is now open.


UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a £5,000 or 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.