For Sale By Auction | 09:30, 31 July 2024 | Lot 107

18 Homelace House, King Street, Honiton, Devon, EX14 1AA

Sold £70,000

  • Retirement Property
  • 2 Bedrooms
  • Tenure: Leasehold. The property is held on a 125 year lease from 29th September 1987 (thus approximately 88 years unexpired).

Call the team on 020 7625 9007 for more information

Auction Date

Wed 31/07/2024

Auction Time

09:30

Auction Venue

Live Stream

Viewing Times:

Mon 29 Jul

11:00-11:30

A First Floor Two Bedroom Retirement Flat Subject to an Assured Shorthold Tenancy Producing £8,760 Per Annum

The property comprises a first floor two bedroom retirement flat situated within a purpose built block arranged over ground and two upper floors.

Tenure

Leasehold. The property is held on a 125 year lease from 29th September 1987 (thus approximately 88 years unexpired).

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of The Glen are within easy reach. Transport links are provided by Honiton rail station.

Accommodation

First Floor Reception Room Kitchen Two Bedrooms Bathroom

Exterior

The property benefits from communal gardens.

Tenancy

The property is subject to an Assured Shorthold Tenancy at a rent of £730 per calendar month.

To be eligible as a resident you must be aged 60 or over. Please refer to the legal pack for more information on eligibility

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.