About this property

The property is currently divided into four self contained units which are as follows: A large split level two bedroom apartment, a one bedroom attic flat and two one bedroom apartments. The property whilst in need of some updating benefits from superb sea views to the front aspect and also to the side, where a mixture of sea and rural views are to be enjoyed and also benefits from a garage, garden area and off road parking. Ideal as an investment property, or as a property to be put back into one large family house.

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

Marazion is an ancient town with a renowned centre of tourism and a thriving all year round community. Linked to the world famous St. Michaels Mount by causeway and ferry. The town is popular with artists and has several galleries in the centre, along side restaurants, shops and doctors surgery. Beaches are located in Marazion and also to the west end of the town, towards Long Rock, just a short distance to Penzance and Praa Sands.

Accommodation

Flat 1

Ground Floor: Entrance porch, hallway, two bedrooms, bathroom. Stairs to the first floor. First floor: Lounge, dining room, kitchen.
Energy Efficiency Rating - E

Flat 2

Open plan lounge/kitchen, bedroom & shower room.
Energy Efficiency Rating - F

Flat 3

Open plan lounge/kitchen, bedroom, bathroom.
Energy Efficiency Rating - E

Attic Flat

Lounge, kitchen, bedroom, bathroom.
Energy Efficiency Rating - D

Notes

The previous income for the property when fully occupied with tenants totalled £23,100 PAE broken down as: Flat 1 rental income £7,800 PAE. Flat 2 rental income £3,900 PAE. Flat 3 rental income £3,900 PAE. Attic flat rental income £7,500 PAE. At the time of instruction one apartment was tenanted. Please refer to the legal pack for information on tenancy details.

Auction Valuer

Lucy Fuller

Viewing

Strictly by appointment only with Stratton Creber Penzance 01736 360070. General enquiries Countrywide Property Auctions 01395 275691. To register for the online legal pack for this property please visit our website www.countrywidepropertyauctions.co.uk

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

The Old Manse, Trevenner Square, Marazion, Cornwall

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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.

Buyers Fee

A successful purchaser will also be required to pay a Buyer's Administration charge of £750+VAT (£900 including VAT @ 20%) (unless stated otherwise within the property description in the catalogue) by cheque made payable to Countrywide.

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).