Guide price £330,000

 Hatherleigh, EX20 3HU

  • 7 Bedrooms
  • 4 Bathrooms
  • 3 Reception Rooms

Property Description

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £330,000.00


An exciting investment opportunity to purchase a size-able property consisting of three residential properties and two commercial units being sold as a whole lot.


The commercial units are currently run as a post office/off license, and garden shop, with tenants already in situ.

The residential properties consist of a two bedroom flat, a one bedroom house and a four bedroom house. All of the properties have tenants in place.

The combined return offers a very favourable yield on investment. (Details can be obtained on registration with Pattinsons Auctions.

Internal pictures available on request. 

See floor plan for internal layout.

Tenure  : Freehold

Council Tax Band  :  Exempt

Extra Features

  • On-Line Auction
  • 2 bedroom Flat
  • Four Bedroom House
  • 1 Bedroom House
  • 2 x Commercial Units
  • Great Investment Yield
  • NO Chain
  • Tenants in Situ

property additional info

Location
The historic market town of Hatherleigh, (known as the smallest town in Devon) has a thriving community offering a good range of shops and amenities including a supermarket, post office, café's, art gallery, two food serving public houses, fish & chip shop, hairdressers, and a local garage. The town also benefits from having a primary school, health care centre, veterinary surgery and a very popular weekly farmers market. There are various sporting facilities together with a well maintained modern community hall where many groups and classes meet. The larger town of Okehampton is located just 8 miles away having an excellent range of shops and facilities including 3 supermarkets which includes a Waitrose, local businesses, a leisure centre, schools ranging from infant to A-level standard and recently re-opened train station providing easy access to Exeter. From Okehampton, the A30 can be found providing access to Cornwall and the City of Exeter, linking to the M5 motorway, intercity rail and international air connections.
Commercial Unit One
Post Office/Off Licence
Shop Front
10.91m x 6.52m (35' 10" x 21' 5")
Back Office & w.c
2.90m x 1.92m (9' 6" x 6' 4")
Kitchen
2.96m x 2.44m (9' 9" x 8' )
Commercial Unit 2 -Shop Front
6.34m x 2.92m (20' 10" x 9' 7")
(Approximate measurements) Note: There is no water connection to the unit.
Property One - Four Bedroom House
Kitchen
4.39m x 2.81m (14' 5" x 9' 3")
Lounge/Dining Room
5.65m x 3.92m (18' 6" x 12' 10")
Bedroom One
3.20m x 4.73m (10' 6" x 15' 6")
Bedroom Two
3.88m x 2.12m (12' 9" x 6' 11")
Bedroom Three
3.75m x 2.65m (12' 4" x 8' 8")
Bedroom Four
4.03m x 2.78m (13' 3" x 9' 1")
Bathroom
2.01m x 1.79m (6' 7" x 5' 10")
Shower Room
1.99m x 1.50m (6' 6" x 4' 11")
Outside
Courtyard Garden. Parking Space to rear
Property Two - One Bedroom House
Kitchen/Diner
3.68m x 3.00m (12' 1" x 9' 10")
Lounge
3.94m x 4.04m (12' 11" x 13' 3")
Bedroom
3.12m x 2.55m (10' 3" x 8' 4")
Bathroom
3.20m x 1.68m (10' 6" x 5' 6")
Outside
Laid to lawn garden. Parking space to rear.
Property Three - Two Bedroom Flat
Lounge/Diner
4.66m x 3.68m (15' 3" x 12' 1")
Kitchen
3.88m x 3.06m (12' 9" x 10' )
Bedroom One
2.92m x 2.75m (9' 7" x 9' )
Bedroom Two
2.88m x 2.14m (9' 5" x 7' )
Bathroom
1.75m x 1.55m (5' 9" x 5' 1")
Tenure
Freehold
Services
Mains Water/Mains Drainage/Mains Electricity
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively. The property is being sold via a transparent online auction. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Further Information
For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest or visit https://www.pattinson.co.uk/property?id=444497

Information

Consumer Protection from Unfair Trading Regulation:

As the sellers agents we are not surveyors or conveyancing experts & as such we cannot & do not comment on the condition of the property, any apparatus, equipment, fixtures and fittings, or services or issues relating to the title or other legal issues that may affect the property, unless we have been made aware of such matters. Interested parties should employ their own professionals to make such enquiries before making any transactional decisions. You are advised to check the availability of any property before travelling any distance to view.

Referral Fees:

Howes Estates offer a mortgage referral service to either The Mortgage Advise Bureau or Mortgages with Joy. The average referral fee paid to Howes Estates is £250.

Location

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Floor Plan

  • 1

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