AUCTION INFORMATION STARTING BID AND RESERVE PRICE

*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is powered by IAM Sold.

AUCTIONEER'S COMMENTS

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 2.5% + VAT to a minimum of 5,000.00 + VAT (1,000.00) = (6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by The South West Property Auction powered by iam-sold Ltd. Reservation Fee is in addition to the final negotiated selling price.

LOCATION Chudleigh is a small town with charm and community spirit, but has the atmosphere of a village. It is well served by a good range of shops, public houses, restaurants, church and primary school. The town also has excellent provision for after school child care, as well as two playschools and mother and toddler groups. There is also a library, health centres, dentist, vet and facilities for numerous sports and pastimes.

Chudleigh is well located near the A38 which provides easy access to Plymouth, Exeter, Exeter Airport and the M5 motorway. A regular 'bus service runs to both Exeter and Newton Abbot.

ACCOMMODATION Shared front door leads to the inner hallway with stairs to the top floor flat. Door to Ground Floor Flat.

LOUNGE AREA 13' 6" x 11' 8" (4.12m x 3.56m) with large double glazed window to front. Radiator, range of power points, TV point and gas meter. Opening to the KITCHEN 10' 2" x 11' 8" (3.12m x 3.56m) with wall and floor mounted units, worktop and inset sink. Single glazed window to rear, cupboard housing combination boiler. Bult-in oven and space for freestanding white goods

Door to the INNER HALLWAY which has a door to the private enclosed rear patio and doors to the BEDROOM 15' 4" x 9' 0" (4.68m x 2.75m) which is located at the front of the building. Built-in wardrobe and cupboards, radiator, power points.

The BATHROOM has a three piece suite and a separate shower unit. Tiled walls and floor and a single glazed window to rear.

OUTSIDE there is a small enclosed patio area which is just for the this flat.

For clarification we wish to inform prospective purchasers that we have prepared these sales particulars as a general guide. We have not carried out a detailed survey, nor tested the services, appliances and specific fittings. Items shown in photographs are not necessarily included. Room sizes should not be relied upon for carpets and furnishings, if there are important matters which are likely to affect your decision to buy, please contact us before viewing the property.

SERVICES All mains services are connected

TENURE & LEASE CLAUSES Leasehold

Date : 16 April 1990

Term : 999 years from 16.4.1990 - Lease Term Remaining 966 years

Peppercorn Rent : 10 and additional rent every 1st of January

50% maintenance contribution

As of December 1997 - every 7 years the outside needs be painted

RESTRICTIONS: -

No pets unless agreed with the lessor.

Cannot be used as a holiday let / air b &b and must only be used for private occupancy.

You are not allowed to run a business from the property.

COUNCIL TAX & EPC RATING Council Tax Band - A

EPC Rating - D

VIEWINGS Strictly by appointment with the award winning estate agents, Sawdye & Harris, at their Teign Valley Office - 01626 852666 Email - [email protected]

If there is any point, which is of particular importance to you with regard to this property then we advise you to contact us to check this and the availability and make an appointment to view before travelling any distance

PLEASE NOTE Prior to a sale being agreed and solicitors instructed, prospective purchasers will be required to produce identification documents to comply with Money Laundering regulations.

We may refer buyers and sellers through our conveyancing panel. It is your decision whether you choose to use this service. Should you decide to use any of these services that we may receive an average referral fee of 100 for recommending you to them. As we provide a regular supply of work, you benefit from a competitive price on a no purchase, no fee basis. (excluding disbursements).

e also refer buyers and sellers to London & Country Mortgages. It is your decision whether you choose to use their services. Should you decide to use any of their services you should be aware that we would receive an average referral fee of 250 from them for recommending you to them.

You are not under any obligation to use the services of any of the recommended providers, though should you accept our recommendation the provider is expected to pay us the corresponding Referral Fee.

Disclaimer Property reference F467BA7723FDBB_100500005328. Details are provided and maintained by Sawdye & Harris. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.