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2 bedroom flat for sale
8A Scarborough Place, Torquay, Devon, TQ2 5UY
£85,000
8A Scarborough Place, Torquay, Devon, TQ2 5UY
£85,000
Our Summary
- 8A Scarborough Place, Torquay, Devon, TQ2 5UY Guide Price £85,000 * Buyers Premium Applies For sale by public auction
- unconditional online auction
- Town & Country Property Auctions are delighted to offer For Sale by Public Auction this well presented 2 bedroom first floor flat
- Reserve to be agreed prior to the start of the auction
- The property will be entered into our 14th November 2024 auction which is held online and starts at 10am
- Cash Buyers Only ADDITIONAL INFORMATION
- The auction conditions require a full legal completion 56 days following the auction (unless otherwise stated)
- Pre Auction Offers Are ConsideredThe seller of this property may consider a pre-auction offer prior to the auction date
- All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit
- To make a pre-auction offer we will require two forms of ID,
Description
This two-bedroom first-floor flat is being sold by public auction with a guide price of £85,000. The property is located in a quiet residential area near local shops and amenities and benefits from two bedrooms, a lounge/diner, fitted kitchen, and bathroom. The flat is currently let on a rolling AST agreement with a tenant willing to stay or vacate, and the current rent is £700 per month with no rent arrears. The property has low service charges, making it an ideal investment opportunity for landlords or those looking to reside in the property. The leasehold property has 72 years remaining on the lease, with an annual ground rent of £50 and annual service charge of £660, which includes buildings insurance. The property is being sold on an unconditional basis, with a 2%+VAT buyer's premium and a 28-day completion. Cash buyers only are accepted, and pre-auction offers are considered prior to the auction date.