>
3 bedroom maisonette for sale
2 Beech House, Exeter Road, Honiton, Devon EX14 1AL
£215,000
2 Beech House, Exeter Road, Honiton, Devon EX14 1AL
£215,000
Our Summary
- For sale on 30 January 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 09:00
- An investment and development opportunity set in a great location
- This three bedroom apartment has a wealth of character as well as huge potential, and is located within close proximity of the Beach, Lyme Regis
- The freeholder occupies the flat below, and has previously expressed interest in selling the flat and freehold to the current owner, this option to purchase would offer huge development potential in the future
- Further opportunity to purchase the flat below and freehold giving the option to acquire the whole house and potential to reconfigure as required
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
Description
This three-bedroom apartment is an investment and development opportunity located in Honiton, a market town near the coast. The property has a 165-year lease and no service charges, making it suitable for short-term and long-term letting. The apartment is situated on the first floor of a large building and has its own entrance, hall, living room, separate kitchen, three bedrooms, and a bathroom. The property has huge potential for development and could be let out long-term or used as a holiday let. The freeholder occupies the flat below and has expressed interest in selling the flat and freehold to the current owner, offering a potential development opportunity. The property is located near the M5 motorway and Exeter, making it easily accessible.