Lot 119
    Studio
    Flat 2 Chime House
    61 High Street, Totnes, Devon, TQ9 5PB
    Sold for £85,000
     
    Number 1
    A Second Floor Studio Flat

    Description

    The property comprises a second floor studio flat situated within a converted period building arranged over ground and two upper floors. Exterior The property benefits from views of the historic Totnes Castle to the rear.

    Location

    The property is situated amongst the shops and amenities of the historic High Street. The open spaces of Borough Park and Leechwell Garden are both close by. Transport links are provided by Totnes rail station.

    EPC Rating

    D

    Tenure (2nd Column)

    Leasehold. The property is held on a 125 year lease from 29th September 2006 (thus approximately 113 years unexpired).

    Accommodation (2nd Column)

    Second Floor
    Open Plan Reception/Kitchen
    Separate Bedroom Area
    Bathroom with WC and wash basin

    Note (2nd Column)

    The LHA rates for a 1 bedroom property in this postcode is £96.91 per week. Thus potential income of £5,039.32 per annum (source: https://lha-direct.voa.gov.uk).

    Viewing Details

    Open House Viewings:
    Monday 14th May 14:30 - 15:00
    Saturday 19th May 11:00 - 11:30
    Tuesday 22nd May 10:00 - 10:30

    Addendum

    Please note that the buyer's admin fee on this property is £960 inc VAT. Amended Guide Price: £78,000+
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    Additional Fees and Disclaimer

    Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

    Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

    Guides are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at 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 during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

    Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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