1 bed flat for sale

Canal Hill, Tiverton EX16

Tenure: Leasehold

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £40,000

This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.

These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

This beautifully presented one-bedroom flat offers a superb opportunity for buyers aged 55 and over only, providing modern, low-maintenance living in a well-maintained and highly convenient location. Please note that the property cannot be purchased by a company, making it suitable for owner-occupiers seeking a comfortable and secure home. The flat boasts a spacious layout with generously sized living areas, thoughtfully designed to maximize comfort and practicality. Stylish interior finishes are enhanced by an abundance of natural light, creating a bright and welcoming atmosphere throughout.

The open-plan living and dining area offers an ideal space for relaxing or entertaining, seamlessly connected to a contemporary kitchen fitted with integrated appliances and sleek cabinetry that combine functionality with modern appeal. The well-proportioned double bedroom benefits from ample storage solutions, ensuring a clutter-free living environment. A modern bathroom, finished to a high standard, features quality fixtures and fittings, adding a touch of everyday luxury.

The property is easy to manage and perfectly suited to those seeking a low-maintenance lifestyle within a supportive residential setting. Its prime location provides convenient access to local shops, services, and transport links, making daily errands and travel straightforward. With its combination of contemporary design, practical layout, and age-restricted ownership, this apartment represents an excellent opportunity for eligible buyers seeking comfort, convenience, and long-term security. Early viewing is highly recommended to fully appreciate all that this appealing home has to offer.

Location

Fig Tree Court is situated in the charming market town of Tiverton, offering residents a mix of convenience and character. The property is close to a range of local amenities, including shops, cafés, schools, and healthcare facilities, ensuring day-to-day needs are easily met. The town itself is known for its welcoming community, green spaces, and leisure options, making it a desirable location for families and professionals alike.

The property also benefits from excellent transport links, with nearby road connections providing easy access to Exeter, Taunton, and surrounding areas. Its central location within Tiverton, combined with strong rental demand and accessibility, makes it a highly attractive option for investors seeking stable returns and long-term growth potential.