Withdrawn Prior

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A freehold investment comprising a development of 7 x 2 bedroom modern houses (all tenanted) held on one title and situated in the centre of Newton Abbot.

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Description/Location

In the same family ownership since construction in 2011 these reverse level properties occupy an excellent position in the centre of Newton Abbot close to the bus station and Market Walk shopping centre, Newton Abbot station 0.5 miles. All the properties are currently rented on Assured Shorthold Tenancies - refer to legal pack for full details.

1 Column	2 Column	3 Column
33 Halcyon Road	Assured Shorthold Tenancy from 12/02/2016 - now in periodic status	£600 per calendar month
35 Halcyon Road	Assured Shorthold Tenancy from 23/11/2019	£675 per calendar month
37 Halcyon Road	Assured Shorthold Tenancy from 01/06/2018 - now in periodic status	£675 per calendar month
39 Halcyon Road	Assured Shorthold Tenancy from 02/03/2018 - now in periodic status	£650 per calendar month
41 Halcyon Road	Assured Shorthold Tenancy from 14/05/2019 - now in periodic status	£675 per calendar month
43 Halcyon Road	Assured Shorthold Tenancy from 19/05/2016 - now in periodic status	£675 per calendar month
45 Halcyon Road	Assured Shorthold Tenancy from 28/01/2015 - now in periodic status	£675 per calendar month
		Current rent received £4,625 per calendar month

Tenure

Freehold

Local Authority

Teignbridge District Council

Viewing

Please contact Charles Darrow Network Auctions on 01626 330022

Rent

Current rent reserved £55,500 p.a.

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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.