Registration to bid in our 28th October 2021 auction closes in

About this property

A sizeable four storey semi detached freehold property with rear gardens and front car parking area, offering four spaces which have previously been let on an adhoc basis at £5 per space, per week. The property is set in close proximity to Tavistock town centre, with three apartments currently let and generating an income of £17,141pae, with the potential income of circa £28,661 when fully let. The property currently comprises of two x one bedroom flats and three x studio apartments, all currently self contained but with three of the flats previously offering linked accommodation and HMO licensed.

A 12 panel solar installation was purchased by the present proprietors and fitted in 2012, giving a return rate of 43% for 25 years and generating a further income of circa £1,500 pae.

This versatile property would lend itself to a variety of uses including multi generation occupancy, a home with additional income, or perhaps for reconfiguration of the existing accommodation, subject to any requisite consents, upon which interested parties must make and rely upon their own planning enquiries of West Devon Borough Council.

Listed By

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

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

Full Description

Situated

The ever popular riverside market town of Tavistock offers a superb selection of bespoke shops, restaurants and cafes, with both indoor and outdoor markets held on a regular basis and excellent educational and leisure facilities.

First Floor

Entrance hall serving flats 76a and 76b.

76a: Kitchen/diner, inner hallway, large storage room, living/bedroom/dining room with views, wet room.

Top Floor

76b: Living room with views, kitchen, bedroom and bathroom.

Ground Floor - Flat 76

Large studio apartment having a private entrance hall accessed from the side of the property, large living/dining/bedroom with views over the garden, large kitchen/breakfast room, shower room and large storage room. Please note that this flat is in need of refurbishment.

Ground Floor - Annexe Flat 76

Having a private entrance hall accessed from the patio, lounge/kitchen/diner, bedrom and bathroom

Basement Studio Flat

Having a private entrance hall accessed from the garden, lounge/kitchen/diner, bedroom and bathroom.

Outside

Car parking area to the front of the property with steps leading down to the rear gardens with mature flower beds, lawn and patio seating area.

Viewings

Strictly by prior appointment with Fulfords Tavistock 01822 616121. General enquiries Countrywide Property auctions 01395 275691.

EPC Ratings

Annexe - E
Basement Flat - E
Ground Floor Flat -D
76a - E
76b - E

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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

76 Old Exeter Road, Tavistock, Devon

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Countrywide Property Auctions

Head Office
2 Cotton Street
Liverpool
L3 7DY

Tel: 01395 275 691

* 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).