Description
This property is for sale by CONDITIONAL ONLINE AUCTION, powered by Bamboo Auctions. Place a bid on www.bradleys-online-auctions.co.uk by date TBC. For more information and steps to bid, please go to the Bradleys website. A 2 bedroom detached bungalow in an elevated position that presents a prime refurbishment opportunity.Once you enter the bungalow via sliding doors into the entrance area, there is a kitchen/utility area that has a door leading to the front of the bungalow offering practicality and convenience, bathroom ready to modernise, a lounge and dining room which are separate however yet connect spaces to provide flexibility for comfortable living or entertaining, a conservatory to the rear offering views of the garden and potential as an additional living space plus that useful cellar adding valuable storage or scope for creative uses. While the property requires complete refurbishment, it offers a solid foundation for transformation into a comfortable and stylish home. With its elevated position and versatile layout, this bungalow is an excellent investment opportunity for buyers with vision.
Location
Paignton is a seaside town on the coast of Torbay in Devon, England. Nestled between Torquay and Brixham it forms the Torbay area and is a holiday destination known as the English Riviera. Attractions include Paignton Zoo and the Paignton and Dartmouth Steam Railway, which operates steam trains from Paignton to Kingswear, from where a ferry can be taken across the River Dart to Dartmouth and the South Hams. The South Devon link road was opened in December 2015 and now provides easy access to Exeter, M5 and beyond.
Directions
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Material Information
Property Being Sold Via On Line Auction - Date To Be Confirmed As Waiting For The Legal Pack.Freehold PropertyOn Road Only ParkingCouncil Tax Band - D (Torbay Council)Probate SaleFlood Risk Assessment - Very low risk of flooding from surface water and rivers and the sea.Broadband Connection - Standard (0.7 Mbps), Superfast (16 Mbps), Ultrafast (220 Mbps)Mobile Network - EE & Three limited on both voice & data, 02 likely on voice but limited on data, Vodafone likely on both voice & data.
Agents Auction Notes
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. These details are subject to change up to and including the day of the auction. Please check our website regularly at: www.bradleysonlineauction.co.uk and look out for any additional materials available on the day of the auction, in order to stay fully informed with the up to date information.
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.
Directions
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MATERIAL INFORMATION:
Property Being Sold Via On Line Auction - Date To Be Confirmed As Waiting For The Legal Pack.
Freehold Property
On Road Only Parking
Council Tax Band - D (Torbay Council)
Probate Sale
Flood Risk Assessment - Very low risk of flooding from surface water and rivers and the sea.
Broadband Connection - Standard (0.7 Mbps), Superfast (16 Mbps), Ultrafast (220 Mbps)
Mobile Network - EE & Three limited on both voice & data, 02 likely on voice but limited on data, Vodafone likely on both voice & data.