Scarborough Place, Torquay, Devon, TQ2

Two Bed First Floor Flat with Tenant in Situ. 8A Scarborough Place, Torquay, Devon, TQ2 5UY Guide Price £85,000 * Buyers Premium Applies For sale by unconditional online auction. To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk Town & Country Property Auctions are delighted to offer For Sale by Public Auction this well presented 2 bedroom first floor flat. Situated in a quiet residential area close to local shops and amenities. The property benefits from two bedrooms, lounge/ diner, and fitted kitchen and bathroom. The property is currently let on a rolling AST agreement however the tenants have stated they are willing to vacant or continue/ sign a new contract with rent review. The current rent is £700 per month and the tenants have no rent arrears. Low service charges makes this property a ideal investment property for landlords or owners looking to reside in the property. Reserve to be agreed prior to the start of the auction. The property will be entered into our 14th November 2024 auction which is held online and starts at 10am. You must register to bid and download the legal pack. PROPERTY FEATURES . First Floor Flat . Two Bedrooms . Modern Bathroom . Good Condition . Close to Local Amenities . Council Tax Band: A . Potential Rental Value Per Month: £700 . 28 Day Completion . Cash Buyers Only ADDITIONAL INFORMATION . Leasehold . Length of lease remaining: 72 Years Approx . Annual Ground Rent: £50 . Annual Service Charge: £660 Inc Buildings Insurance TENANCY INFORMATION Agreed Rent Per Month: £585 Any rent arrears: No VIEWING ARRANGEMENTS Please call us on 01202 143399 to arrange a viewing. Tenure Leasehold UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a £5,000 or 5% deposit and a 2%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 56 days following the auction (unless otherwise stated). Pre Auction Offers Are Considered The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us. Special Conditions Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.