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SOLD STC

Buckeridge House, Elmonte Close, TQ14

Key features

  • TRADITIONAL ONLINE AUCTION
  • DETACHED VICTORIAN VILLA
  • 6 FLATS
  • POPULAR COASTAL TOWN
  • PARKING

Description

This remarkable investment opportunity presents a six-flat residential property, with current rents reserved of £38,976 per annum, being located in the charming coastal town of Teignmouth, known for its picturesque views and vibrant community.
Situated in a sought-after area, this three-storey detached Victorian villa offers an ideal investment for individuals seeking a steady rental income or for the more professional of landlords looking to expand their property portfolio.
FOR VIEWINGS PLEASE CONTACT OUR DAWLISH OFFICE.

PROPERTY: Interest is drawn to the fact that all 6 flats are held on their own land registry title so this highlights the graphic potential for the formal break-up and sale of the individual units in the future, subject to all necessary consents being obtainable.

TENANCY: PROPERTY TENANCY TYPE CURRENT RENTS RESERVED
Flat 1 Let on an Assured Short-hold Tenancy £455
Flat 2 Let on an Assured Short-hold Tenancy £577
Flat 3 Let on an Assured Short-hold Tenancy £603
Flat 4 Let on an Assured Short-hold Tenancy £603
Flat 5 Let on an Assured Short-hold Tenancy £650
Flat 6 Let on an Assured (protected) Tenancy £360
TOTAL RENTS RESERVED CURRENTLY £38,976

ACCOMMODATION: ACCOMMODATION
Lower ground floor: Access via Flat 1 and briefly comprises two unused rooms with hallway.

Ground floor: Reception hallway leading to flats: Flat 1: Kitchen, living room, two bedrooms, bathroom/WC. Flat 6: Studio style comprising kitchen/living/bedroom, shower room/WC. Flat 2: Kitchen, bathroom, living room, two bedrooms.

First floor: Landing with access to Flat 3: Kitchen/breakfast room, living room, large double bedroom, bathroom/WC. Flat 4: Kitchen, living room, two bedrooms and bathroom/WC.

Second floor: Flat 5: Hallway with storage area and stairs leading to: Living room, dining area, kitchen, three bedrooms, bathroom/WC.

Outside: Gardens to the front and rear and have been allocated to the flats as per the lease plans in the legal pack and documents section. Parking area providing off street for 5 spaces and separate lower driveway area.

EPC RATINGS:
Flat 1: c

Flat 2: e

Flat 3: d

Flat 4: c

Flat 5: d

Flat 6: e

Energy performance certificate - ask agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Buckeridge House, Elmonte Close, TQ14

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Teignmouth Station0.5 miles
  • Dawlish Station2.4 miles
  • Dawlish Warren Station4.0 miles
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About the agent

Fraser & Wheeler, Dawlish

19 Queen Street, Dawlish, EX7 9HB

Fraser & Wheeler, Dawlish

The three directors of Fraser @ Wheeler Estate Agents are all longstanding local residents of Dawlish and the surrounding areas with not only a passion for the estate agency business but also a total of over seventy years experience in residential estate agency sales.

The knowledge of property amassed by Fraser & Wheeler Estate Agents is remarkable, indeed many local properties have been sold by the directors not just once but several times over. This knowledge and experience is invalu

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Disclaimer - Property reference FAW_003875. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Fraser & Wheeler, Dawlish. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Fraser & Wheeler, Dawlish on 01626 240850.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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