Instantly find listings for sale in your area

" For sale by Public Auction on 22nd November 2023 at 7pm Superb investment opportunity Endless potential Two spacious two bedroom flats For sale with tenants in situ on AST EPC Rating Both D


LOCATION
Bridestowe village is a beautiful Devonshire village situated at the head of the Lew Valley at the north western foothills of the Dartmoor National Park. The village offers the expected amenities including a primary school, 17th century pub, post office general store, village hall and two churches all surrounded by some of Devon‘s finest countryside. The A30 dual carriageway to Exeter and the M5 is approximately five minute s drive from the property and the open moorland of Dartmoor National Park begins just a mile from the village. The nearby towns of Okehampton, Tavistock, and Launceston are 7, 11 and 15 miles respectively. All benefiting from a wide range of full social, commercial and shopping facilities.

DESCRIPTION
For sale by Public Auction unless sold prior at 7pm on Wednesday 22nd November 2023 at Lifton Strawberry Fields, Lifton, Devon PL16 0DH.

An excellent investment opportunity to acquire two spacious flats with tenants in situ on assured shorthold tenancy contracts. . Both flats briefly comprise of entrance hall, kitchen, lounge diner, two double bedrooms and bathroom. Both benefiting from a single garage and parking to the front. The ground floor apartment has an additional garden to the rear while the first floor also has a small storage area to the side.

2 CRANDFORD CLOSE Ground Floor Flat

ACCOMODATION

Steps lead up to storm porch. Part glazed door leading into

ENTRANCE HALL
Doors to all rooms.

BATHROOM
Bath with shower and shower curtain, vanity unit with hand basin and mirror above with light. Tiled surround. Obscure window to the front elevation.

SEPARATE W.C. W.C.
Airing cupboard with immersion tank and shelving.

STORAGE CUPBOARD
Housing hot water tank and shelving.

BEDROOM ONE
Window to the rear elevation. Electric heater, carpeted and space for double bed.

BEDROOM TWO
Window to the rear elevation. Electric heater, carpeted and space for double bed.

KITCHEN
Door leading to rear garden. Range of base and eye level units with worksurface over, inset stainless steel sink with mixer tap and tiled surround. Space for electric oven, washing machine, under counter fridge and freestanding fridge freezer.

SITTING ROOM DINING ROOM
Window to the front elevation. Stone open fireplace with wooden surround and slate mantle. Space for dining room table. OUTSIDE
To the front of the flat there is an area which is laid to lawn. There is parking for two vehicles and a single garage with an up and over door which has electric connected. This flat also benefits from a rear garden which is laid to lawn along with a small patio area and can be accessed from either the kitchen or parking space.

4 CRANDFORD CLOSE

ACCOMODATION

Part glazed wooden door with stairs rising to

First floor flat with further part glazed wooden door. At the top of the stairs there is a window to the side elevation along with space for storage,

ENTRANCE HALL
Doors to all rooms.

BATHROOM
Obscure window to the front elevation. Suite of low level W.C., pedestal hand wash basin withseparate taps, bath with tiled surround and electric shower above and curtain. Space and plumbing for washing machine and tumble dryer with work surface over.

STORAGE CUPBOARD
Housing hot water tank and shelving.

LOUNGE DINER
A light and airy room as a result of dual aspect windows to the front and side elevations. Radiator and stone open fireplace with wooden surround and slate mantle.

KITCHEN
Window to the rear elevation. Range of base and eye level units with tiled surround, inset stainless steel sink with mixer tap. Electric oven with electric hob and extractor fan over. Space for dishwasher along with free standing fridge freezer. The kitchen can be accessed from the Lounge diner or through the hallway.

BEDROOM TWO
Window to the rear elevation. Space for double bed and electric heater.

BEDROOM ONE
Large window to the rear elevation. Radiator and space for double bed.

OUTSIDE
There is parking for one vehicle and a single garage with an up and over door with water connected.

TENANTS IN SITU
Both properties are being sold with Tenants in situ. Each tenants are paying £675 per calendar month and are both on AST Tenancy Agreements. Full details are available in the Auction Pack.

AUCTION INFORMATION
Date of Auction The property will be offered for sale by PUBLIC AUCTION on Wednesday 22nd November at 7pm at Strawberry Fields, Lifton, Devon, PL16 0DE Buyers are advised to attend no later than 6.30pm to register.

BUYERS REGISTRATION
Please note ALL BIDDERS, including Kivells existing clients, will need to register with Kivells on the night of the auction in order to comply with The Money Laundering, Terrorist Financing and Transfer of Funds Information on the Payer Regulations 2017 the Regulations as of 26th June 2017.

Bidders will be required to provide one form of government issued photographic identity and an additional proof of address in the form of another government issued document or a utility bill addressed to them at their home address, dated within 3 months of the date of the auction. Failure to do this, may prejudice your ability to bid on the night.

BUYERS AUCTION ADMINISTRATION FEE
All successful buyers should note that on exchange of contracts a Buyer‘s Administration Fee of £2,000 plus VAT total £2,400 inc VAT is payable to Kivells. Please note if the lot is sold prior to auction, these fees remain payable. There are no discounts for multiple lots purchased and you must consider this when bidding offering prior.

PLEASE NOTE
The successful buyer will contribute to the searches and legal pack of £1800 inc VAT.

DEPOSIT
A 10% deposit will be required to be paid by the successful bidder upon the fall of the hammer and the contract at this point is legally binding. The deposit is to be paid to Kivells as auctioneers and can only be paid by UK bank cheque or bank transfer. All bidders must only bid if they can make this payment. A separate payment will be taken for the auctioneers administration fee.

COMPLETION
Will take place at 28 days from the auction, or earlier by agreement between the parties.

CONDITIONS OF SALE
These will not be read out in detail at the auction but will be available for inspection from the seller‘s solicitors and in the auction room prior to the sale. All interested buyers will be assumed to have acquainted themselves with the conditions of sale.

BOUNDARIES
Any purchaser shall be deemed to have full knowledge of all boundaries and neither vendor nor the vendor‘s agents will be responsible for defining the boundaries or the ownership thereof. Should any dispute arise as the boundaries or any points on the particulars or plans or the interpretation of them, the question shall be referred to the vendors agent whose decision acting as experts shall be final.

VENDORS SOLICITORS
Hollie Dommett
Trowers & Hamlins LLP The Senate Southernhay Gardens Exeter
EX1 1UG

SERVICES
Mains water, electric and drainage. Night storage heaters.

ENERGY EFFICIENCY RATING
2 Crandford Close D
4 Crandford Close D

COUNCIL TAX BAND
2 Crandford Close B
4 Crandford Close B

TENURE
Both flats are registered leasehold properties with 99 year leases.

Flat 2 has a lease from 1 January 1988 for 99 years
Flat 4 has a lease from 6 September 1988 for 99 years

The freehold is not registered and the freeholder is absent. Various investigations have been carried out to ascertain the details of the current freeholder but to no avail. An indemnity insurance policy for absentee landlord will be provided to cover this risk. A draft policy will be included in the Auction Pack.

AGENTS NOTE
Buyers must verify for themselves of the restrictions agreements in place on the properties included within the Auction Pack.

VIEWINGS
Please ring to view this property and check availability before incurring travel time costs. FULL DETAILS OF ALL OUR PROPERTIES ARE AVAILABLE ON OUR WEBSITE

"