LOT
86

1 & 1a, North Furzeham Road, Brixham, Devon TQ5 8HT

£225,000+*
Guide price (+ fees)

About this property

An interesting and versatile end of terrace freehold property requiring refurbishment, currently comprising of a two bedroom self contained maisonette with additional double loft room, having the benefit of sea and harbour views from the side and rear elevations, along with a vacant garden level studio apartment accessed from the rear of the property. The property would lend itself to multi-generation occupancy, a home with an additional income stream, or for conversion back into a sizeable seaside residence in this popular location. The maisonette is currently let on a rolling AST and generating an income of £900pcm/£10,800 pae, we understand that a Section 21 notice has recently been served on the current tenant. The basement studio flat has an estimated residential rental value of £400 pcm/£4,800 pae.

Situated

North Furzeham Road is situated within walking distance of the traditional fishing town of Brixham, with working harbour, marina and wide variety of shops, restaurants, public houses, recreational and educational facilities catering for all age groups.

1 North Furzeham Road - Ground Floor

Entrance hall with steps leading down to the shower room and WC, kitchen, dual aspect double bedroom.

First Floor

Landing, triple aspect lounge/dining room with feature fireplace and juliet balcony, open staircase rising to the loft room, single bedroom which forms a flying freehold.

1A North Furzeham Road

Accessed from the rear of the property via a pedestrian footpath. Entrance hall, open plan bed/sitting room with kitchen area off and a shower room.

Outside

Small courtyard garden with balcony to the front of the property. Former WC/store serving the ground floor flat.

Viewings

Strictly by prior appointment with Fulfords Paignton 01803 527523. General enquiries Countrywide Property Auctions 01395 275691.

EPC Ratings

1 - D
1A - D

Council Tax Bands

1 - D
1A - A

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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.

1 & 1a, North Furzeham Road, Brixham, Devon TQ5 8HT

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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.

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).