GUIDE PRICE £40,000+

Current rent £4,800 per annum

Merritt Flats

69 Totnes Road, Paignton, Devon, TQ3 3RP

Lot 26

A freehold 1 bedroom ground floor flat (398 sq.ft. - source EPC) currently let at £4,800 per annum

Description/Location

The property has its own front door and courtyard garden and is situated in a convenient location within easy reach of Paignton town centre. Potential to increase the rent to £500 per calendar month (£6,000 per annum) in line with similar style properties.

Tenure

Freehold
EPC rating C

Local Authority

Torbay Council01803 201201www.torbay.gov.uk

Viewing

Please contact Woods Bryce Baker on 01803 390000

Accommodation

Ground floor: Entrance hall, living room, kitchen, bedroom, bathroom Outside: Courtyard garden to the front

Rent

Current rent £4,800 per annum

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Legal documents

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.