LOT
13

Flat 6, Bartholomew House, Bartholomew Street West, Exeter EX4 3AJ

Sold for £190,000

About this property

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.

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.


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.

Flat 6, Bartholomew House, Bartholomew Street West, Exeter EX4 3AJ

Arrange a Viewing/Enquiry

Simply fill in and send the form and one of our consultants will get in touch with you shortly.

Please note that fields marked with * are mandatory.

Your information is being collected and processed by Countrywide. All information will be processed in accordance with the General Data Protection Regulation. Full details of how we process your information can be found on our website Privacy Policy. Print copies of our privacy notice are available on request. If you need to discuss how your information is being processed, please contact us at privacy@countrywide.co.uk

* 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.

Buyers 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 £1,800 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).