LOT
20

Land Adj To Laburnum Cottage, Laburnum Street, Torquay TQ2 5SF

Sold for £90,000

About this property

Land for sale with full planning permission for residential apartments. Proposed build to include as follows: The ground floor comprises of a set of two bedroom apartments, the first floor features a further set of two bedroom apartments, whilst the third floor features a one bedroom and a two bedroom apartment. Communal area to the rear including a bike store.

Location

Torquay is set on the South coast of Devon, alongside the towns of Paignton and Newton Abbot. Local amenities include sandy beaches, a bowling alley and transport links by bus or rail to the Devon cities of Plymouth and Exeter.

Proposed Accommodation

Proposed Apartment Information

Flat One
Approx. 97 SQM. Two bedrooms, open plan lounge/kitchen, bathroom.

Flat Two
Approx. 90 SQM. Two bedrooms, open plan lounge/kitchen, bathroom.

Flat Three
Approx. 101 SQM. Open plan lounge/kitchen, two bedrooms, bathroom.

Flat Four
Approx. 108 SQM. Open plan lounge/kitchen, two bedrooms, bathroom.

Flat Five
Approx. 92 SQM. Open plan lounge/kitchen, two bedrooms, bathroom.

Flat Six
Approx. 73 SQM. Open plan lounge/kitchen, bedroom, bathroom.

Planning

A Grant of Planning Permission was issued by Torbay Council on the 24th May 2017, under application number P/2016/0581, for 'Residential development for six flats, together with associated pedestrian accesses and landscaping, demolition of façade to Laburnum Street (further documents received 24 January 2017). Interested parties must make and rely upon their own planning enquiries of Torbay Council.

EPC

Energy Efficiency Rating - Exempt

Auction Valuer

Lucy Fuller.

Viewing

Strictly by appointment with Miller Countrywide Torquay 01803 291429. 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.

Land Adj To Laburnum Cottage, Laburnum Street, Torquay TQ2 5SF

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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).