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Under Minnow Road, Barnstaple EX31 1 bed flat for sale
Under Minnow Road, Barnstaple EX31
£120,000
Under Minnow Road, Barnstaple EX31
£120,000
Our Summary
- Investment Opportunity
- METHOD OF OFFERING: The property is to be sold by Public Auction on Friday 28th March 2025 (unless sold) at 3
- 00 pm at The Portmore Golf Park, Landkey Road, Barnstaple EX32 9LB MONEY LAUNDERING: Please note that any person buying or bidding at auction must produce documentation to confirm their name and residential address
- They are not necessarily figures which a property will sell for and may change an any time prior to the auction
- Each property will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the property for during the auction) which we expect will be set within the guide range of no more than 10% above a single price figure
Description
This investment opportunity is a first-floor 1-bedroom apartment located in a impressive town house in the popular Pilton area of Barnstaple. The property is one of four similar apartments, along with the owner's accommodation, and offers easy access to local shops, North Devon District Hospital, Pottington Business Park, and the Tarka Trail cycle path. The apartment is approached from the rear and features a shared courtyard and a flight of steps leading to the building. The flat is leasehold with a 999-year lease, ground rent of £50 per month, and a service charge of £111 per month. The property is currently occupied by a tenant who is paying £575 per month from November 2022, and is being sold by public auction on March 28th, 2025.