Bude, Cornwall

*OFFERING OVER A 12% YIELD*
A rare and exciting investment opportunity to acquire this spacious building comprising 6 bedsit apartments and 4 one bedroom flats. The property is situated in the very sought after residential location of Downs View enjoying spectacular Golf Course and sea views whilst being within short walking distance to the local beaches and amenities. Front and rear enclosed gardens, extensive off road parking area to rear. Viewings strictly by appointment with Bond Oxborough Phillips contact the office on to arrange an early appointment. EPC Rating E

Auctioneer Comments
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows 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. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

The sandy surfing beach at Crooklets and 18 hole golf links course conveniently positioned lying within a short distance walk. The well known coastal resort of Bude offers a wide range of domestic, commercial and leisure facilities including 18 hole golf course, tennis, squash, bowls, horse riding, surfing, indoor and outdoor swimming pools, leisure and sport complex with adjacent bowling arena, in addition to the popular sandy beaches with dramatic heritage coastline. Good proximity to the main A39 road gives easy access to other towns, villages and places of interest including the adjacent and historic village of Stratton. Stratton now offers a variety of daily facilities including hospital and medical centre. Railway links are also available at Exeter and Newquay, the latter hosting the much publicised daily Ryan Air flights Stansted.

Directions
From Bude town centre proceed along Belle Vue heading towards Flexbury and take the left hand turning by Somerfield supermarket towards Crooklets. Proceed half way down the hill and take the right hand turning through the golf course and upon reaching Downs View turn right whereupon number 30 will be found within approximately 150 yards on the left hand side.