LOT
21

Flat 6, 65, Cheddon Road, Taunton, Somerset TA2 7BX

Sold for £30,000

About this property

A vacant first floor studio apartment enjoying its own external access from the rear of the building and use of the communal courtyard garden. The apartment has the benefit of the remainder of a 999 year lease commencing from 2006 and is conveniently situated for Taunton town centre and train station, likely to be of interest to residential lettings investors and previously generating between £320 pcm & £340 pcm whilst in the current ownership.

Location

Taunton is a thriving large town with a vibrant town centre offering a wide selection of boutique and high street shops, retail parks, retrestaurants and cafes, situated on the banks of the River Tone and home to Somerset County Cricket Club, being readily commutable to the M5, Bristol & Exeter city centres and airports, along with several well known Somerset and East Devon seaside destinations.

Ground Floor

Communal entrance hall giving access to the rear courtard and external staircase to Flat 6.

First Floor

Kitchen/diner, bed/sitting room and en-suite shower room.

Outside

Enclosed rear courtyard with bicycle and bin store.

EPC

Energy Efficiency Rating - E

Auction Valuer

Wendy Alexander

Viewing Arrangements

Strictly by prior appointment with Palmer Snell Taunton 01823 617009. 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, 65, Cheddon Road, Taunton, Somerset TA2 7BX

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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).