About this property

Addendum To Printed Catalogue

The correct rental income for this year is £25,190.
The rental income for the period 13 September 2020 to and including 12 August 2021 is £25,795 - please see signed Tenancy Agreement in the legal pack.


A five bedroom second floor city centre apartment, currently utilised as a student lettings venture and generating an income of £25,000 pae for the current academic year, with the tenants being responsible for their own utility bills. We are informed that this is due to rise to £25,500 for the following academic year with a new agreement in place. The property has had the benefit of recent upgrading by the vendor including a new kitchen and bathrooms, along with a fire supression system.

Listed By

Property Auctions South West
Head Office
2 Cotton Street
Liverpool
L3 7DY

t. 01395 275 691
auctions@countrywide.co.uk

Full Description

Location

Bartholomew Street West is located in the lower end of the Exeter city centre, which has enjoyed recent regeneration and is conveniently situated for the shopping and leisure facilities, restaurants, Exe Bridge and the University. Exeter offers 3 railway stations, excellent access to the M5/A30/A38 road networks and Exeter Airport.

Ground Floor

(Accessed from the rear of the building) Communal entrance hall with stairs rising to all floors.

Second Floor

Flat 6: Entrance hall, lounge/kitchen/diner, five bedrooms and two bathrooms.

EPC

Energy Efficiency Rating - C

Auction Valuer

Wendy Alexander

Viewing

Strictly by appointment only with Fulfords Paris Street 01392 252666. General enquiries Countrywide Property Auctions 01395 275691.

GUIDE PRICES & RESERVE PRICES

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Photos
Map

Flat 6, Bartholomew House, Bartholomew Street West, Exeter

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Countrywide Property Auctions

Head Office
2 Cotton Street
Liverpool
L3 7DY

Tel: 01395 275 691

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* Guide Price

An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

* Reserve Price

The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Buyer's Fee

A successful purchaser will also be required to pay a Buyer’s Administration Charge of 1.2% of the purchase price subject to a minimum fee of £1,500 including VAT (unless stated otherwise within the property description in the catalogue) by debit card or bank transfer.

Legal Packs

You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees).