£120,000
1 bed flat for saleMorton Road, Exmouth EX8
1 bed
1 bath
1 reception
EPC Rating: E
About this property
Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £100,000
Walking distance to Exmouth Sea front
Studio apartment
Modern kitchen
Integrated appliance
Open plan layout
Ample natural light
Modern bathroom with walk-in shower
Heated towel rail
Modern walk-in shower
Investment opportunity
Turnkey opportunity - Tenant in situ
***This property is bering sold via Auction***
Welcome to this inviting and contemporary studio apartment, perfectly positioned within walking distance of the stunning Exmouth seafront - an ideal opportunity for landlords, turnkey investment with a tenant already in situ.
This well-presented one-bedroom flat boasts an open plan layout that maximises space and functionality, creating a seamless flow between living, dining, and kitchen areas. The modern kitchen is fitted with integrated appliances, offering both style and convenience for every-day living, while the ample natural light streaming in through large windows enhances the bright and airy ambience throughout the apartment.
The thoughtfully designed bathroom features a sleek walk-in shower and a heated towel rail, providing a touch of luxury and comfort for residents. Every detail has been considered to promote a lifestyle of ease, from the contemporary fixtures to the clever use of space, ensuring that this property stands out as a sophisticated and low-maintenance home. Positioned in a highly sought-after location, residents can enjoy all the benefits of coastal living, with Exmouth’s vibrant town centre, shops, cafes, and transport links just moments away.
This flat represents an exceptional investment prospect, with the added reassurance of a reliable tenant already in place, allowing for immediate rental income and a smooth transition for new owners. If you are seeking a stylish, modern property with superb connectivity to local amenities and the best of Exmouth’s seaside charm, this apartment could be the perfect addition to your portfolio or the ideal start to your property journey.
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.
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 of up to 6% inc VAT (subject to a minimum of 6,000 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.
EPC Rating: E
Location
Exmouth
Studio (7.85m x 3.06m)
Spacious studio flat with double aspect lighting. Space for understorage fridge.
Washer dryer included.
Shower Room (1.88m x 0.78m)
Heated towel rail along with storage included under the sink
Mortgage calculator
£600 per month
70+ lenders and 10,000+ products
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Service charge
£70 per month
Council tax band
A
Ground rent
£0



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