Under Minnow Road, Barnstaple, EX31

Investment Opportunity. Sold with Shorthold Tenant in place. This first floor 1 bedroomed apartment is set in this most impressive Town House, one of 4 similar apartments, together with the owners accomodation. The house is in the ever popular Pilton area of the town handy for local shops in Pilton or the main town itself, North Devon District Hospital, Pottington Business Park, the largely traffic Tarka Trail cycle path aound the Taw and Torridge estuaries and the A361 road out of Barnstaple towards Braunton and the North Devon coastline at Saunton, Croyde and Woolacombe.

This first floor 1 bedroomed apartment is set in this most impressive Town House, one of 4 similar apartments, together with the owners accomodation. The house is in the ever popular Pilton area of the town handy for local shops in Pilton or the main town itself, North Devon District Hospital, Pottington Business Park, the largely traffic Tarka Trail cycle path aound the Taw and Torridge estuaries and the A361 road out of Barnstaple towards Braunton and the North Devon coastline at Saunton, Croyde and Woolacombe.The flat is approached from the rear into a shared car parking area and then into a shared courtyard at the back of the house and up a flight of steps into the building itself. The flat is in the west wind overlooking the garden and catching the evening sun.Note - Internal pictures taken from a previous sale brochure.LEASE - sold with an existing tenant who is paying ?575 pcm from November 2022. Leasehold - 999 year Lease. Ground Rent ?50 per month. Service charge ?111 pcm. METHOD OF OFFERING: The property is to be sold by Public Auction on Friday 28th March 2025 (unless sold) at 3.00 pm at The Portmore Golf Park, Landkey Road, Barnstaple EX32 9LB MONEY LAUNDERING: Please note that any person buying or bidding at auction must produce documentation to confirm their name and residential address. These documents will be requested at the time of registration and, if you are successful, copies will be taken for our reference.BUYERS ADMINISTRATION FEE: in addition to the 10% deposit payable upon exchange of contracts, purchasers will be required to pay a buyers administration fee of ?750.00 (seven hundred and fifty pounds including VAT) which can be paid by separate cheque or added to the deposit. GUIDE PRICE: Guide prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change an any time prior to the auction. Each property will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the property for during the auction) which we expect will be set within the guide range of no more than 10% above a single price figure. SPECIAL CONDITIONS OF SALE: The particulars, remarks and stipulations contained herein shall be deemed to form part of the special conditions of sale but in case of any inconsistencies the provisions of the latter shall prevail. If not attached to these sale particulars, copies of the special conditions of sale shall be obtained from the vendors solicitors. It is assumed that the purchaser has made all the necessary inquiries prior to the auction. RESERVE: The property is offered subject to a reserve price. The Auctioneers reserve the right to bid on behalf of the vendors or to withdraw the property from the auction in the event of it not reaching its reserve. LOCAL AUTHORITY: North Devon Council, Barnstaple, Devon EX31 1DG Tel: 01271 388288SOLICITORS: Wollens - address and contact TBC

Rear Access

Rear Courtyard

Hallway

Entrance Hall

Living Room

Kitchen

Bedroom

Bathroom

Utiity Room

Shared Off Road Car Parking

NOTE

No external patio or garden

The property is being offered with the current tenant in place on a shorthold tenancy which began in November 2022. The current rent paid is ?575 per calendar month and paid to a local letting agent.Leasehold - 999 year leaseGound Rent - ?50 per annum. Service Charge - ?111 per calendar month