1 bed Flat For Sale £100,000
Lantern Court, Hillsborough Road, Ilfracombe, North Devon, EX34

*FOR SALE BY AUCTION* A well-presented one bedroom retirement apartment offering fantastic Harbour views from the communal lounge and gardens. Exclusively for the over 60's

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £100,000. Visit Pattinson website to login for the auction pack and bidding.

This one is not to be missed. Lantern Court is a McCarthy & Stone flagship development which was completed in 2012. Its position is hard to beat. Its commanding location perched up above Ilfracombe’s Picturesque harbour giving the most stunning views to a wide vista from the communal lounge and gardens, taking in the rugged coastline, harbour area, sea beyond and the Welsh coastline on a clear day.

The building has a number of facilities including a large bright and spacious communal room with views and is a real meeting hub. All floors also come with lift access.

This particular apartment is positioned on the road side so there are no direct sea views from the flat itself. Comprising, Large entrance hall, walk in cupboard, lounge, kitchen, bedroom and bathroom.

Agents Notes:
We understand the current service charge is £2,678.85 per annum (for financial year ending 31/03/25)
The service charge includes
* Cleaning of communal windows and exterior of apartment windows.
*Water rates for communal areas and apartments.
*Electricity, heating, lighting and power of the communal areas.
*24 hr emergency call system.
* Upkeep of gardens and grounds.
Repair of interior and exterior communal areas,
*Contingency fund.
*Building insurance.
*Communal laundry room.
*Mobility scooter room with charging points.
*House manager.

The ground rent is 425 per annum review date January 2027

One pet maybe considered and should be applied for through the house manager.

The lease from new, 125 years which commenced 1st January 2012

We understand there is superfast fibre broadband available. and the property has mains water electricity and drainage. There is no gas to the property.

PARKING:
Parking is by allocated space, subject to availability. The fee is £500 per annum. Car park permits are on a first come first served basis.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price.

A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale.

The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.

There is no requirement or indeed obligation to use these recommended suppliers or services.