Flat for sale in East Street, Okehampton, Devon EX20

This property is for sale by conditional online auction, powered by Bamboo Auctions. Place A Bid on by Monday 19th May 2024 at 7pm. This first floor one bedroom apartment set in the heart of Okehampton is a must to view. Er-f

Entrance Hall

Main door opens, stairs leading to first floor. Front door opens into porch area, second door opens into hallway. Door to right leading to...

Reception/Kitchen/Dining Room (6.4m x 4.55m (21' 0" x 14' 11"))

A good sized living space with wrap around front aspect windows. Electric heater fitted on the left hand wall. TV point located in the left hand corner. Area to the right can be used as a dining area. Fitted with a radiator far wall. Fitted with matching base and wall units and a stainless steel sink. Space for a washing machine, fridge and cooker. Overhead hood also fitted.

Utility Room (2.39m x 2.06m (7' 10" x 6' 9"))

Base & wall units with complementary worktops over. Sink.

Bedroom (3.48m x 3.2m (11' 5" x 10' 6"))

A good sized double bedroom. Side aspect window and electric heater fitted on the left hand wall.

Bathroom

Fitted with a W/C, wash basin and bath. Side aspect window above wash basin and storage cupboard far wall.

Required Information

Mains electric, water and drainage.
Tenure - Leasehold - 110 years remaining on the current lease.
Ground Rent - £50 per annum
Maintenance Charge - £132.18 per annum
Local Authority - West Devon Borough Council
Council Tax Band - A

This property is being sold by conditional online auction and a non-refundable reservation fee of £3000 or 3.5% + VAT applies, whichever is the greater (in addition to the purchase price). If you are the successful bidder, you will be charged the amount of £5,000 + VAT (£6,000) or 3.5% +VAT, whichever is the greater, which will be processed online, immediately at the end of the auction, only if you are the successful bidder. You will then have 20 working days within which to exchange contracts, and a further 28 days to complete the purchase.

Terms and conditions apply to the modern auction method of sale, which is operated by Bradleys Property Auctions.

Definition Of A Guide Price And A Reserve Price:

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, 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. Bids may be accepted by the system but the property will not sell if the bidding does not reach the reserve. 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.