£60,000
2 bed flat for saleMerritt Road, Paignton, Devon TQ3
2 beds
1 bath
1 reception
Auction
Freehold
About this property
Situated on the ground floor and benefiting from its own private outdoor space, this two-bedroom apartment offers a fantastic opportunity for those looking to modernise and add value. Set within easy walking distance of the town centre, the property combines convenience with excellent potential, making it ideal for first-time buyers or buy-to-let investors.
Starting bid: £60,000
For sale via modern method of auction iamsold ltd.
Inside, the layout includes a well-proportioned lounge/dining room, a separate kitchen, and two bedrooms, including a generous second bedroom. The bathroom sits centrally off the hallway, creating a practical flow throughout the home.
A particular highlight is the private outdoor area - perfect for seating, pot plants, bikes, or creating a small garden retreat.
The property is offered as freehold, providing a rare level of ownership flexibility not often found with apartments.
Requiring modernisation throughout, this is a superb blank canvas in a highly convenient location with excellent long-term potential. Early viewing is recommended.
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
Starting bid: £60,000
For sale via modern method of auction iamsold ltd.
Inside, the layout includes a well-proportioned lounge/dining room, a separate kitchen, and two bedrooms, including a generous second bedroom. The bathroom sits centrally off the hallway, creating a practical flow throughout the home.
A particular highlight is the private outdoor area - perfect for seating, pot plants, bikes, or creating a small garden retreat.
The property is offered as freehold, providing a rare level of ownership flexibility not often found with apartments.
Requiring modernisation throughout, this is a superb blank canvas in a highly convenient location with excellent long-term potential. Early viewing is recommended.
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
Mortgage calculator
Monthly repayment
£300 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.



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