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Auction House Devon & Cornwall
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  • For Sale By Unconditional Online Auction
  • Guide Price* : £20,000
  • Auction Ended 16/07/2020

The Freehold Reversion of Annandale 12 Belle Vue Road, Paignton, Devon, TQ4 6ER

*Guide Price £20,000 to £25,000 + fees. ONLINE AUCTION ends 16/07/2020. The Freehold Reversion of Annandale, 12 Belle Vue Road, Paignton, Devon. Low Ground Rent Yield. Lapsed PP for a pair of small semi-detached properties - Torbay Council Planning reference P/2013/1362. Section 5 Notices served


Description

*Guide Price £20,000 to £25,000 + fees. ONLINE AUCTION ends 16/07/2020. The Freehold Reversion of Annandale, 12 Belle Vue Road, Paignton, Devon. Low Ground Rent Yield. Lapsed PP for a pair of small semi-detached properties - Torbay Council Planning reference P/2013/1362. Section 5 Notices served

OVERVIEW

The Freehold of Annandale, 12 Belle Vue Road, Paignton, Devon, includes a low Ground Rent from four associated long Leasehold Flats (each paying £2.50 per annum) and a lapsed planning consent for a pair of small semi-detached properties (Torbay Council Planning reference P/2013/1362). Section 5 Notices have been served on all four qualifying tenants. Copies of these will be included in the auction legal pack


VIEWINGS

An external "street viewing" can be done at any time. If a site viewing is required please contact Joint Auctioneers Barbets, Paignton, to discuss an appointment T: 01803 526262


SOLICITORS

Boyce Hatton Solicitors, 58 The Terrace, Torquay, Devon, TQ1 1DE. T: 01803 408401 Attn: Warren Douglas E: warren.douglas@boycehatton.co.uk


NOTICE TO BIDDERS

Please be aware that if your bid is successful on auction day, Exchange of Contracts will happen immediately after the auction. As part of the Online Auction process bidders will be required to register online and provide proof of ID documents (passport and photo driving licence) and both proof of funds and the source of funds for all buyers. For a full list of auction day requirements please either see the document within the Legal Pack or contact Auction House Devon & Cornwall


FULL DETAILS

Photographs, room dimensions, floor plans and area measurements (when available) are included within our full details online at www.auctionhouse.co.uk. All published information is to aid identification of the property and is not to scale

Additional Fees
Buyer's Premium: £1,500.00
Administration Charge: £1,200.00
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

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Sold for £44,250

This auction lot is now closed.

Auction Ended

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* Guide | £20,000
  • Plot
  • Unconditional (Immediate Exchange)

Call the team on 01392 455928 for more information

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Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.