Lot 1 - 54 Fraser Road, Exmouth, Devon, EX8 4DH
- Unconditional Online Auction Sale
- Guide Price* : £120,000
ON BEHALF OF THE RECEIVER - Three bedroom semi detached house let at £750 pcm
Description
Three bedroom semi detached house let at £750 per month benefiting from double glazing and central heating (not tested).
Location
The property is located approximately 2 miles from the town centre of Exmouth in East Devon. Fraser Road can be accessed from St John's Road via Churchill Road and is within walking distance of local shops, schools and a bus route.
Tenure
Freehold.
Accommodation
Ground Floor: Porch, Hall, Living Room, Kitchen/Diner and Rear Porch
First Floor: Landing, Three Bedrooms, Bathroom and W.C.
Outside
Driveway leading to a garage. Front and rear gardens.
Tenancies
The property is let on an AST at a rent of £750 per month. The tenant has alleged that they occupy under a Sale and Rent Back (SARB) agreement, however, no supporting evidence of this has been provided, nor have we been provided with a copy of a tenancy agreement. Interested parties are advised to make their own enquiries in this regard.
Buyers Administration Fee
There will be a Buyer's Administration Fee of £1,500 payable upon exchange of contracts.Additional Information
Internal photographs that were taken in July 2017 are available on request and are for illustrative purposes. We are unable to provide up-to-date photographs.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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