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"A well presented fully furnished purpose built first floor studio apartment, situated to the rear of The Old Post Office in the heart of the popular seaside town of Looe in close proximity of Looe River, Banjo Pier and the beach. The apartment comprises of an open plan living dining area with kitchen off, a screened double bedroom area with vaulted ceiling and atrium with electrically operated windows and blinds and a bathroom. The apartment has previously been utilised as a successful holiday lettings venture and is likely to appeal to both owner occupiers and the residential holiday lettings fraternity to add to their portfolios, with the benefit of the remainder of a 999 year lease.

Situated
The ever popular seaside town of Looe is a thriving holiday destination with its sandy beach, Banjo pier and the South West Coastal Path. The town has a working harbour, a wide range of restaurants and bespoke shops, with a branch railway line to Liskeard.

Ground Floor
Communal entrance hall with staircase rising to all floors.

First Floor Flat 5
Open plan lounge dining kitchen with screened double bedroom area off, bathroom.

Viewings
Strictly by prior appointment with Stratton Creber Looe . General enquiries Countrywide Property Auctions .

EPC Rating
C

Council Tax Band
Currently exempt as used for holiday lettings.

Lease Details
981 years remaining
Service charge £1631.99 per annum
Insurance £136.01 per annum
Ground rent £150 per annum

GET READY TO BID BY VISITING THE AUCTIONEERS WEBSITE

GUIDE PRICES & RESERVE PRICES

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 the case, 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. 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."