House For Sale £175,000
This property is for sale by conditional online auction, powered by Bamboo Auctions. Place a bid on by 12pm on 9th September 2022.
This is a spacious semi detached house that has been split into 2 self-contained flats. This would be a perfect buy to let investment with an approximate rental yield of over 9% based on the guide price.
UPVC front door with stained glass double glazed panels inset, opening into ...
Communal Hallway Meter cupboards, doors into 49 and 49A Burnthouse Lane.
49 Burnthouse Lane
Entrance Hall Radiator, wall mounted thermostat for central heating, door opening into understairs storage cupboard.
Living Room12' x 10'8" (3.66m x 3.25m). UPVC double glazed windows to rear, radiator, picture rails, door to ...
Kitchen9' x 6'11" (2.74m x 2.1m). Fitted with a range of light wood effect fronted units comprising roll edged work surface, inset stainless steel single drainer sink, tiled splashback to work surfaces, base cupboards and drawers with matching eye level cupboards, plumbing and space for washing machine, gas and electric cooker points, further appliance space. Wall mounted gas combi boiler, uPVC double glazed windows and door opening onto rear garden.
Bedroom11'6" x 11'3" (3.5m x 3.43m). Double glazed windows to front, radiator, telephone point, picture rails.
Shower Room Modern wet room style shower room with shower area having modern shower, pedestal wash hand basin and low level WC, fully tiled walls, radiator, obscured double glazed window to side.
49A Burnthouse Lane Private door accessed from the communal hallway opening to staircase leading to ...
First Floor Landing Obscured double glazed window to side, access to loft space, radiator.
Living Room12' x 10'8" (3.66m x 3.25m). Double glazed windows to rear, radiator, built-in storage cupboard, picture rails.
Kitchen8'2" x 8'1" (2.5m x 2.46m). Work surface area, inset stainless steel single drainer sink unit, wall mounted boiler.
Bedroom11'3" (3.43m) x 9'6" (2.9m) min, 10'8" (3.25m) max. Into door recess. Double glazed windows to front, picture rails.
Bathroom Fitted with white suite comprising panelled bath with fully tiled surround, shower, wash hand basin and low level WC. Tiled walls, extractor fan, obscured double glazed window to side, radiator.
Outside There is a lawned front garden with shrubbery border and various conifers. Access runs alongside the house opening onto the rear where there is a good sized area of uncultivated garden, currently loosely split to create smaller areas of garden for each flat.
Required Information Tenure - Freehold
Council Tax Band - Both flats are in tax band A
Local Authority - Exeter City Council
This property is being sold by conditional online auction and a non-refundable reservation fee of £5000 or 3.5% + VAT applies, whichever is the greater (in addition to the purchase price). If you are the successful bidder, you will be charged the amount of £5,000 + VAT (£6,000) or 3.5% +VAT, whichever is the greater, which will be processed online, immediately at the end of the auction, only if you are the successful bidder. You will then have 20 working days within which to exchange contracts, and a further 28 days to complete the purchase.
Terms and conditions apply to the modern auction method of sale, which is operated by Bradleys Property Auctions.
Definition of a Guide Price and a Reserve Price:
Guide Price: An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price: The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. Bids may be accepted by the system but the property will not sell if the bidding does not reach the reserve. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
This is a spacious semi detached house that has been split into 2 self-contained flats. This would be a perfect buy to let investment with an approximate rental yield of over 9% based on the guide price.
UPVC front door with stained glass double glazed panels inset, opening into ...
Communal Hallway Meter cupboards, doors into 49 and 49A Burnthouse Lane.
49 Burnthouse Lane
Entrance Hall Radiator, wall mounted thermostat for central heating, door opening into understairs storage cupboard.
Living Room12' x 10'8" (3.66m x 3.25m). UPVC double glazed windows to rear, radiator, picture rails, door to ...
Kitchen9' x 6'11" (2.74m x 2.1m). Fitted with a range of light wood effect fronted units comprising roll edged work surface, inset stainless steel single drainer sink, tiled splashback to work surfaces, base cupboards and drawers with matching eye level cupboards, plumbing and space for washing machine, gas and electric cooker points, further appliance space. Wall mounted gas combi boiler, uPVC double glazed windows and door opening onto rear garden.
Bedroom11'6" x 11'3" (3.5m x 3.43m). Double glazed windows to front, radiator, telephone point, picture rails.
Shower Room Modern wet room style shower room with shower area having modern shower, pedestal wash hand basin and low level WC, fully tiled walls, radiator, obscured double glazed window to side.
49A Burnthouse Lane Private door accessed from the communal hallway opening to staircase leading to ...
First Floor Landing Obscured double glazed window to side, access to loft space, radiator.
Living Room12' x 10'8" (3.66m x 3.25m). Double glazed windows to rear, radiator, built-in storage cupboard, picture rails.
Kitchen8'2" x 8'1" (2.5m x 2.46m). Work surface area, inset stainless steel single drainer sink unit, wall mounted boiler.
Bedroom11'3" (3.43m) x 9'6" (2.9m) min, 10'8" (3.25m) max. Into door recess. Double glazed windows to front, picture rails.
Bathroom Fitted with white suite comprising panelled bath with fully tiled surround, shower, wash hand basin and low level WC. Tiled walls, extractor fan, obscured double glazed window to side, radiator.
Outside There is a lawned front garden with shrubbery border and various conifers. Access runs alongside the house opening onto the rear where there is a good sized area of uncultivated garden, currently loosely split to create smaller areas of garden for each flat.
Required Information Tenure - Freehold
Council Tax Band - Both flats are in tax band A
Local Authority - Exeter City Council
This property is being sold by conditional online auction and a non-refundable reservation fee of £5000 or 3.5% + VAT applies, whichever is the greater (in addition to the purchase price). If you are the successful bidder, you will be charged the amount of £5,000 + VAT (£6,000) or 3.5% +VAT, whichever is the greater, which will be processed online, immediately at the end of the auction, only if you are the successful bidder. You will then have 20 working days within which to exchange contracts, and a further 28 days to complete the purchase.
Terms and conditions apply to the modern auction method of sale, which is operated by Bradleys Property Auctions.
Definition of a Guide Price and a Reserve Price:
Guide Price: An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price: The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. Bids may be accepted by the system but the property will not sell if the bidding does not reach the reserve. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
