A spacious apartment conveniently located to Paignton's town centre and sea front. Walking distance to main bus and train stations, cafes and shops. Secure communal entrance with stairs leading to the apartment. Accommodation offers entrance hall, lounge, kitchen, two bedrooms and bathroom, Communal gardens and allocated parking space. Being offered with no onward chain.
*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the auction, which is powered by IAM Sold.
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold.
This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack.
The Partner Agent and Auctioneer may recommend the services of third parties to you, in which they may be paid for the referral. These services are optional and you will be advised of any payment, in writing, before any services are accepted.
Listing is subject to a start price, and hidden reserve price that can change.
Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.
Accommodation The property is accessed from the front of the property via the communal entrance doorway. Communal Entrance Hallway Stairs lead to all floors Entrance Hallway Ceiling smoke detector, dado rail, central heating radiator, intercom entry system, doors to principle rooms Lounge 16' 5" max x 11' 2" ( 5.00m max x 3.40m ) A bright spacious room with UPVC double glazed window to the rear aspect, central heating radiator below, door to Kitchen 11' 3" x 6' 6" ( 3.43m x 1.98m ) Wall mounted boiler, Strip light, UPVC double glazed window with central heating radiator below. Matching wall and base units with roll edge work surface over, tiled splash backs. One and a half stainless steel sink unit with mixer tap over, space for cooker and fridge freezer, space and plumbing for washing machine. Bedroom One 12' 9" max x 10' ( 3.89m max x 3.05m ) UPVC double glazed window, central heating radiator below, double fitted wardrobe with sliding mirrored doors housing hanging and shelving space. Bedroom Two 11' 3" x 8' ( 3.43m x 2.44m ) UPVC double glazed window overlooking the rear aspect, central heating radiator below, Fitted wardrobe with sliding mirrored doors housing hanging and shelving space. Bathroom Extractor fan. A neutral suite comprising inset panelled bath with mixer tap over and shower attachment above, Pedestal wash hand basin with strip light above and shaving socket, low level WC, central heating radiator, tiling to walls. Outside To the outside of the property there is private parking to the rear with allocated parking space. Well kept communal gardens to the front and rear.
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This property is sold subject to payment of a non-refundable reservation fee of 4.2% to a minimum of £6,000.00 including VAT.
Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding.
A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.
This property is being sold under the Modern Method of Auction, which requires the completion of the purchase to be within 56 days, although all reasonable endeavours must be made to exchange contracts within 28 days following the Draft Contract being received by the Buyer's Solicitor.
A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement in the 28 day period following the auction or the date of acceptance of the offer.
If the Buyer Information Pack has been produced and provided by iamsold any successful purchaser will be required to pay £300.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
For further information or to speak to one of our team, please call 020 3096 0248.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.