Guide price
£100,000
2 bed flat for saleMarlen Court, Bideford EX39
2 beds
2 baths
1 reception
EPC Rating: C
Just added
Auction
About this property
Being sold via secure sale online bidding - T&Cs apply
Ground Floor Apartment
Open Plan Living
Allocated Parking
2 Bedrooms
Communal Gardens
Btl Investment Opportunity
Summary
Pattinson are delighted to offer this spacious and airy two bedroom ground floor apartment for sale by auction. Nestled on the hillside this lovely apartment has a view towards the River Torridge. It is in a small block of four flats and comes with allocated parking and communal gardens.
Enter the apartment into the hallway which has all rooms leading from it as well as having two very useful cupboards for coats and general storage. One of which has a heater in and would make a useful airing cupboard. The handset for the door entry system can be found in the hallway. At the far end of the hallway is the bright and spacious lounge diner. This room has a Juliette balcony overlooking the garden to the rear of the building and the River Torridge in the distance. There is space for a dining table and chairs and by the window on the side is the ideal to create a dining area.
An opening from the lounge leads into the kitchen and creates the modern open plan living space. The kitchen looks out to the front garden with the mature shrubs planted there giving an element of privacy. The kitchen has a very practical layout to maximise worktop surface area. The units are white with contrasting black worktop over, white splashback tiles. There is an integrated fridge/freezer and dishwasher, space and plumbing for washing machine. There is an inset gas hob with four burners and built-in electric oven. The Intergas combi boiler is housed in the kitchen.
The main bedroom has a view over the gardens to the rear and benefits from a good sized built-in wardrobe. There is an en-suite shower room with shower cubicle and thermostatic shower, white toilet and basin. A frosted window has rear aspect.
The second bedroom is a good sized double with front aspect.
The family bathroom benefits from a white suite consisting of bath with shower attachment, basin and toilet. Frosted window with front aspect. The walls are tiled floor to ceiling with a light coloured ceramic tile.
There are metered mains gas, electric and water to the property. There is limited mobile phone coverage from the major providers and superfast broandband available from Openreach - source OfCom.
The current rent is 775. If sold at the asking price would give a gross yield of 6.20% and a net rental yield of approx 4.87%
Council Tax Band: B
Tenure: Leasehold
Length of Lease: 100
Annual Ground Rent Amount: 100.00
Annual Service Charge Amount: 967.00
Auctioneers Additional Comments
Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this 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. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
Pattinson are delighted to offer this spacious and airy two bedroom ground floor apartment for sale by auction. Nestled on the hillside this lovely apartment has a view towards the River Torridge. It is in a small block of four flats and comes with allocated parking and communal gardens.
Enter the apartment into the hallway which has all rooms leading from it as well as having two very useful cupboards for coats and general storage. One of which has a heater in and would make a useful airing cupboard. The handset for the door entry system can be found in the hallway. At the far end of the hallway is the bright and spacious lounge diner. This room has a Juliette balcony overlooking the garden to the rear of the building and the River Torridge in the distance. There is space for a dining table and chairs and by the window on the side is the ideal to create a dining area.
An opening from the lounge leads into the kitchen and creates the modern open plan living space. The kitchen looks out to the front garden with the mature shrubs planted there giving an element of privacy. The kitchen has a very practical layout to maximise worktop surface area. The units are white with contrasting black worktop over, white splashback tiles. There is an integrated fridge/freezer and dishwasher, space and plumbing for washing machine. There is an inset gas hob with four burners and built-in electric oven. The Intergas combi boiler is housed in the kitchen.
The main bedroom has a view over the gardens to the rear and benefits from a good sized built-in wardrobe. There is an en-suite shower room with shower cubicle and thermostatic shower, white toilet and basin. A frosted window has rear aspect.
The second bedroom is a good sized double with front aspect.
The family bathroom benefits from a white suite consisting of bath with shower attachment, basin and toilet. Frosted window with front aspect. The walls are tiled floor to ceiling with a light coloured ceramic tile.
There are metered mains gas, electric and water to the property. There is limited mobile phone coverage from the major providers and superfast broandband available from Openreach - source OfCom.
The current rent is 775. If sold at the asking price would give a gross yield of 6.20% and a net rental yield of approx 4.87%
Council Tax Band: B
Tenure: Leasehold
Length of Lease: 100
Annual Ground Rent Amount: 100.00
Annual Service Charge Amount: 967.00
Auctioneers Additional Comments
Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this 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. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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